The Golden Arrow MT4 Indicator is a custom technical analysis tool designed for the MetaTrader 4 platform. It plots arrow signals directly on the price chart to highlight potential buy and sell opportunities. A golden arrow pointing up typically suggests a bullish setup, while a downward arrow signals potential bearish pressure. Unlike basic indicators that…
#GBPNZD: Pullback From Support 🇬🇧🇳🇿 I think that there is a high chance that 📈GBPNZD will pull back from a key intraday horizontal support. The breakout of the neckline of the double bottom pattern on an hourly time frame suggests a strong buying sentiment. Goal – 2.31145 ————————— 1H time frame My Experts: ✔️ Auric…
Trump joked about the “Strait of Trump” as the Iran war enters month two, with Hormuz disruptions persisting. Mixed signals on talks continue, while US stocks fell for a fifth week and NATO commitment concerns resurfaced. Summary Trump joked about the “Strait of Trump,” underscoring its central role in the Iran war and global oil…
Revolut quietly rolled out contracts for difference (CFD) trading to “active traders” in 29 countries, including several across Europe. This follows an earlier pilot in just three EU markets — the Czech Republic, Denmark and Greece — and comes on the heels of Revolut securing a full UK banking licence. Singapore Summit: Meet the largest…
DBS Group Research economist Chua Han Teng highlights that Thailand’s financial markets, particularly the Thai Baht (THB) and equities, are under pressure due to vulnerability to Middle East conflict-related commodity shocks. The report notes that upside inflation risks from the Iran war have likely closed room for further Bank of Thailand (BoT) easing, with markets…
From Trump’s strike pause to Iran’s flat denials and a string of hot US data, the FX market had no shortage of headline risk this week. Source link
After all, without a concrete resolution to the still-blockaded Strait of Hormuz and a real, long-term guarantee that the conflict won’t escalate further, Markets cannot rally. Traders need trust to return to persistent buying of already elevated valuations. Particularly given that Wall Street fiercely held the initial rise in WTI and the US Dollar, it…
UOB’s Global Economics & Markets Research, via Julia Goh and Loke Siew Ting, notes that the central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP) kept the RRP (Reverse Repurchase Rate) rate at 4.25% in an off-cycle meeting as supply-driven inflation and Middle East risks intensify. The bank expects a prolonged policy pause, with…
Markets: WTI crude oil up $5.59 to $100.07 S&P 500 down 1.7% to 6368 Gold up $135 to $4513 US 10-year yields up 3.6 bps to 5.00% Bitcoin down 4.2% USD leads, GBP lags It was an ugly one for most markets today, with the exception of gold and oil. The Nasdaq fell to a…
The major US stock indices are closing lower for the day and lower for the week. The decline this week is the 5th consecutive weekly decline. The S&P decline is the worst string in 4 years. A look at the closing levels shows: Dow industrial average-793.78 or -1.73% at 45166.33. S&P index fell -108.49 or…