Israel says strikes on Hezbollah are in ‘self-defence’ Julian Borger The Israel Defense Forces (IDF) are depicting their air strikes as a pre-emptive action in “self-defence” in the face of an imminent Hezbollah missile and rocket attack, and warned an “extensive” Hezbollah response is imminent. The all-important question now is whether the cycle of escalation…
Gold prices jump over 1% after Fed Chair Powell hints at upcoming rate cuts, expressing confidence in inflation nearing the 2% target. The US Dollar Index (DXY) falls 0.82% to 100.68, as Powell’s remarks push traders to bet on a 50 bps rate cut in September. US 10-year Treasury yields drop five basis points to…
This is a user guide on setting up the Day Trading Price Patterns Scanner EA The Day Trading Price Patterns Scanner is an easy-to-use, fully customizable utility that enables the sending of Day Trading Price Patterns signals to Telegram, transforming your account into a signal provider. It scan all the pairs and timeframes. Scan all the main…
The 100 pips strategy takes a more measured approach, focusing on capturing larger price movements over extended periods. The goal is to secure a predetermined number of pips per trade typically around 100 by strategically entering and exiting positions based on thorough market analysis. Both strategies cater to different trader preferences and risk tolerances. Scalping…
The W%R Indicator, the brainchild of technical mastermind Larry Williams, is a momentum oscillator that gauges whether a financial instrument is overbought (priced too high) or oversold (priced too low) within a specific timeframe. Imagine it as a thermometer for market sentiment, with readings hovering near the top reflecting potential overbought conditions and readings near…
By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday August 20th and shows a quick view of how large market participants (for-profit speculators and commercial traders) were positioned in the futures markets….
By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on August 20th. This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong…
By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday August 20th and shows a quick view of how large traders (for-profit speculators and commercial entities) were positioned in the futures markets. Gold…
Geopolitical risk plays a pivotal role in shaping global financial markets. Its influence is particularly evident in the forex market, where currency values can swing dramatically in response to international events. Forex trading thrives on the delicate balance of global economic stability. When geopolitical events disrupt this balance, currency volatility often follows. Traders need to…
Contribution by Philip R. Lane, Member of the Executive Board of the ECB, to the panel on “Reassessing the effectiveness and transmission of monetary policy” at the Federal Reserve Bank of Kansas City Economic Symposium Jackson Hole, 24 August 2024 Introduction My aim in this contribution is to provide a euro area perspective on the…