Yesterday’s decision by the US central bank became the main driver of market movement, confirming a shift towards a more accommodative monetary policy path. Markets were particularly sensitive to Jerome Powell’s comments, as he repeatedly stressed that inflation remains too high while the labour market is showing clear signs of significant weakening. The Fed Chair…
The Nasdaq 100 index (US Tech 100 mini on FXOpen) showed sharp volatility yesterday following the interest rate announcement. The market action can be interpreted as follows: → First, the FOMC decision was released: as expected, the Federal Funds Rate was cut from 4.00% to 3.75% (a bullish catalyst), which pushed the index up towards…
“Avoid the temptation of trading all the time. Trade only when the market gives you opportunities.” — Richard Dennis In order to enable traders to execute the best in the market right now, we will examine the current market trend and assess the XAUUSD. As part of my mission to empower traders, I’ve created several resources…
Hit the enemy with his own weapon. While Donald Trump, who uses the principle of “divide and rule,” criticizes the Fed, Jerome Powell is raising dissenters. If one FOMC member voted against the rate cut in October, then two members voted against it in December. At the same time, 6 of the 19 Committee members…
The Trend Indicator for Several Timeframes MT4 is a versatile tool that displays trend direction across multiple timeframes in a single chart window. Instead of analyzing individual charts separately, traders can instantly see whether the market is bullish, bearish, or neutral across short, medium, and long-term frames. This visual clarity reduces confusion and allows for…
The GBP/USD forecast slightly edges lower despite the dollar weakness led by the dovish Fed tone. Lower US yields and broad greenback weakness continue to put a risk floor under GBP/USD. Pound stays vulnerable with growing expectations of a BoE rate cut next week. The GBP/USD price is trading lower near 1.3365 on Thursday ahead…
The AUD/USD outlook remains subdued, following weaker Australian jobs data. Fed rate cuts are weighing on the US dollar, limiting AUD/USD losses. Technically, the 20-period MA remains decisive for the traders as closing below could exacerbate selling. The AUD/USD price slipped in the Asian session on Thursday, paring off Wednesday’s partial gains led by the…
Asia FX tepid after Fed cut; Aussie falls on weak jobs data, rupee near record low Source link
It’s all one trade at the moment. AUD/USD is unwinding the post-Fed gains, just like stocks. Asia tried to push the moves further but soon ran out of gas. That led to profit taking and was helped along by the usual AI-overspend theme as Oracle shares were wrecked after earnings. The good news for AUD…
Bitcoin (BTC/USD) just turned lower from a potential trend resistance zone! Think the crypto is ready to extend a longer-term downtrend in the next trading sessions? Here’s what we’re seeing on the 4-hour time frame: Bitcoin (BTC/USD) 4-hour Chart by TradingView In case you missed it, bitcoin capped Wednesday lower than its open price as…