Dollar set for hefty weekly loss; sterling edges higher
Dollar set for hefty weekly loss; sterling edges higher Source link
Dollar set for hefty weekly loss; sterling edges higher Source link
Most traders discover the real cost of a bad trade long after execution — when an order slips, the chart freezes, or an indicator won’t load. That frustration usually traces back to the trading platform: slow fills, unreliable data feeds, and clunky interfaces turn good strategies into losing ones. Choosing a broker without testing the…
EUR/USD posts moderate losses, trading near 1.1730 at the time of writing on Friday, but holding most of the previous day’s gains and on track for its strongest weekly performance since June. The US Dollar (USD) has been hit by US President Donald Trump’s obsession with acquiring Greenland, while the market braces for the release…
Key takeaways Suspected FX intervention jolts USD/JPY: After briefly spiking above 159 following BoJ comments, USD/JPY plunged nearly 200 pips within minutes to ~157.30 with no data catalyst, strongly suggesting intervention or rate-checking by Japanese authorities. Momentum signals warn of a trend shift: A bearish RSI divergence on the daily chart flags rising risk of…
The USD/CAD forecast remains strongly bearish under 1.3800 as the geopolitical risks ease. Upbeat US GDP data failed to sustain buying pressure for the US dollar. Stable oil prices and receding oversupply concerns continue to support the loonie. USD/CAD has stabilized around 1.3790 after snapping a four-day losing streak, as the US dollar finds a…
The GBP/USD price analysis points to a bullish scenario, as UK retail sales surprise markets with an upbeat number. The US dollar could not gain traction despite better Q3 GDP and sustained Core PCE figures. The markets now await UK PMI data in the next two hours, followed by US PMIs in the New York…
The EURUSD rally looks illogical against the background of strong macro statistics in the United States, which makes it possible for the Fed to extend the pause in the cycle of monetary expansion. Moreover, concerns about the loss of independence by the central bank due to loyalty to Lisa Cook of the Supreme Court have…
Racing strategy is the secret sauce that separates a successful race from a painful learning experience. I say this with love, sass, and years of watching runners and drivers mess this up. On race day, everyone thinks they have a plan. Then the starting line hits, adrenaline kicks in, and logic flies out the window….
The best reversal MT4 indicator doesn’t predict the future, but it does something arguably more valuable: it identifies high-probability turning points using objective price data. When calibrated properly, these tools cut through the noise and highlight moments when momentum shifts from bulls to bears—or vice versa. What Makes a Reversal Indicator Best Here’s the thing—there’s…
Key takeaways Gold’s bullish acceleration remains intact: XAU/USD has broken above key supports, hit new all-time highs near US$4,970, and is now eyeing the US$5,000–5,150 zone, with momentum indicators confirming upside continuation. Geopolitics are the dominant macro driver: Rising US–NATO tensions and “sell America/de-dollarization” narratives are lifting geopolitical risk premiums, reinforcing gold’s role as a…