Gold has pulled back from its record highs in last December but seems to be setting its sights higher once more. Will this former resistance zone keep holding as support? Check out the potential targets on the 4-hour time frame! Gold (XAU/USD) 4-hour Chart by TradingView Gold prices have formed higher lows connected by an…
Asia FX weakens as markets digest Venezuela action; yen falls past rate hike talk Source link
The Australian Dollar (AUD) holds losses against the US Dollar (USD) following the release of China’s RatingDog Services Purchasing Managers’ Index (PMI) on Monday, which declined to 52.0 in December from 52.1 in November. RatingDog reported last week that Manufacturing PMI climbed to 50.1 in December from 49.9 in November. It is important to note…
Summary: China services PMI remained in expansion but slowed further in December New orders grew at the weakest pace in six months Export services demand slipped back into contraction Job shedding continued for a fifth straight month Business confidence rose to a nine-month high China’s services sector continued to expand in December, but the pace…
The Candle Timer MT4 Indicator puts a countdown clock right on the trading chart. It shows exactly how many minutes and seconds are left before the current candle closes and a new one begins. Think of it like a microwave timer, but for trading. The indicator works on any timeframe, whether someone’s trading on 1-minute…
The GBP/USD pair opens with a modest bearish gap at the start of a new week and trades just below mid-1.3400s during the Asian session, down 0.10% for the day. Spot prices, however, lack follow-through selling and manage to hold above last week’s swing low amid mixed fundamental cues. Against the backdrop of the protracted…
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Summary: Goldman Sachs left its near-term price forecasts unchanged, projecting average prices of $56 per barrel for Brent crude and $52 for West Texas Intermediate this year. Goldman sees limited near-term impact from Venezuela on oil prices Any production recovery likely to be gradual and partial Infrastructure damage and underinvestment remain major constraints Near-term Brent…
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the back from holidays FX week! Some of us will have unpacked the car after a week or so at the beach and what hare you. Some of us will have invaded Venezuela. Big news to open the year, summary:…
🧠 Decision Paralysis — When Too Much Thinking Stops You From Acting 🎯 The Lesson You analyze the chart.Then you analyze it again.And again. You draw more lines.You check more timeframes.You wait for more confirmation. And in the end…you do nothing.The trade passes. This is decision paralysis — when overthinking blocks execution. 🧠 What Really…