The Australian dollar is undergoing a corrective decline after reaching recent highs, with the current move driven by market reaction to newly released macroeconomic data. Earlier gains in AUD were supported by improving global risk sentiment and steady demand for commodity-linked currencies. However, weaker labour market figures have prompted a reassessment of expectations and triggered…
The FTSE 100 maintains a firm bullish posture, holding comfortably above the 10000 psychological level The index is currently consolidating sideways between 10550 and 10700 as it searches for its next catalyst. The broader “buy-the-dip” structural breakout remains the primary driver, with bulls staying in control as long as the index holds above 10500. Most…
Yesterday, Bitcoin reached the $75k mark, and this morning it corrected to $74,660. The dollar is stuck at 98.21—no steps forward, no steps back. Oil stabilized at $94, and gold is at $4,794. Friday is typically a day for position taking, and strong movements without a catalyst are not expected. The POC level for the…
Key takeaways Gold positioning for breakout: After rebounding ~18% from March lows, gold is consolidating below the $4,900 resistance (near the 50-day MA), with technicals suggesting a potential bullish breakout if this level is cleared. Macro tailwinds improving: Rising odds of Fed rate cuts, a weakening US dollar, and declining US real yields are reducing…
In focus today and over the weekend The potential for talks between the US and Iran over the weekend to reach an agreement will be in focus, as a ceasefire between Israel and Lebanon was reached yesterday. We expect the two sides will agree on an extension to the temporary ceasefire, while a more permanent…
Asia FX muted with Iran peace in focus; yen weakens as BOJ dents rate hike bets Source link
Setup Guide: Telegram to MT5 and MT4 Multi-Channel Copier This guide walks you through the complete setup in three stages: obtaining your Telegram API credentials, configuring your Windows application, and installing the Expert Advisor. Total preparation time: 5-10 minutes. The TelegramToMT5MultiChannelCopier.exe application works for both MT4 and MT5. Make sure you purchase the correct EA…
The Double Top Bottom Indicator MT5 is an automated pattern recognition tool designed to detect and signal two of the most reliable reversal formations in price action trading. A double top forms when price creates two peaks at roughly the same level with a moderate dip between them, suggesting buyers are losing strength. The double…
USDJPY shaking 100 pips for negotiation rumors. DXY comeback after shock! Note: Please get yourself updated with the current status of this war, as it will update per second; any volatility from the next morning will get the charts to the highest levels. Stay highly cautious. Data: The “Resilient East” vs. The Yield…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…