Silver Price (XAG/USD) retraces to near $62.00 during the Asian trading session on Thursday after posting a fresh all-time high at $62.87 earlier in the day. The white metal’s rally hits a temporary roadblock, while its outlook remain firm as the Federal Reserve (Fed) keeps the door open for further monetary easing after reducing interest…
As widely expected, the Bank of Canada (BOC) kept interest rates unchanged at 2.25% in December, maintaining its stance that the current policy rate is “at about the right level” to support the economy through ongoing trade-related uncertainty while keeping inflation close to target. This decision marked the bank’s second consecutive hold after delivering a…
The Fed cut interest rates by 25bp as expected from 4.00% to 3.75% in their December decision, with policymakers signaling a higher bar for further easing. This decision was reached through a 9-3 vote, with two hawkish members calling for no change in policy while dovish policymaker Miran favored a larger 50bp interest rate cut,…
AUD/CHF recently busted through the ceiling around the .5300 major psychological mark but seems to be stalling on its climb. Can it find support at the former resistance? Check out these inflection points on the 4-hour time frame! AUD/CHF 4-hour Forex Chart by TradingView Hawkish expectations for the Reserve Bank of Australia (RBA), supported by…
The Friday Line MT4 Indicator addresses this challenge by clearly marking important weekly price levels, allowing traders to anticipate potential reversals or breakouts. By providing a visual guide, it simplifies decision-making and helps traders plan more confident strategies as the week closes. How the Friday Line MT4 Indicator Works The Friday Line MT4 Indicator is…
25bps cut is not the only story … Volatility incoming. Data: – Global equities traded narrowly mixed, as markets entered the final 48 hours before the Federal Reserve, ECB, and Bank of Japan policy decisions. Positioning remained cautious, and flows were light as traders prepared for one of the most consequential macro weeks of Q4….
Summary As expected, the FOMC reduced the fed funds target range by 25 bps to 3.50%-3.75% and signaled that additional easing will face a higher bar at its next meeting on January 28. The post meeting statement signaled this higher bar to future cuts by noting it was now considering the “extent and timing” of…
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
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If you struggle with knowing which Fair Value Gaps (FVGs) to trade and which ones to ignore, this post is for you. Most new traders see an FVG and assume it’s an automatic buy or sell zone. That’s usually because price action traders hear terms like “bullish fair value gap” or “bearish fair value gap,” or…