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Australian dollar declines amid weak GDP data. Short-term martial law was imposed in South Korea
BySilas WThe Dow Jones (US30) fell by 0.17% on Tuesday. The S&P 500 Index (US500) was up 0.05%. The Nasdaq Technology Index (US100) was up 0.31%. Data released on Tuesday showed a modest increase in US job openings for October, while layoffs declined, indicating workers’ confidence in the labor market. US October JOLTS job openings rose…
Sellers Reject Fibonacci Extension Zone, Decline Resumes. – Forex Market Analysis – ForexCycle.com
BySilas WUSDCHF has provided traders with a textbook example of how Fibonacci extension zones can act as powerful resistance. After an extended move higher, price reached the 0.8020–0.8092 extension area, where sellers decisively stepped in. The rejection at this zone not only halted the advance but triggered a fresh wave of decline, reinforcing the importance of…
Too early to conclude that China's FX policy has fundamentally changed: BofA
BySilas WToo early to conclude that China's FX policy has fundamentally changed: BofA Source link
10,000 US hotel workers strike as contract talks break down By Reuters – Forex Trader Hub
BySilas WBy Doyinsola Oladipo and Mrinmay Dey NEW YORK (Reuters) -Some 10,000 U.S. hotel workers began a multi-day strike in several cities on Sunday after contract talks with hotel operators Marriott International (NASDAQ:), Hilton Worldwide, and Hyatt Hotels (NYSE:) reached an impasse, the Unite Here union said. Unite Here, which represents workers in hotels, casinos, and…
BW-Zone MT4 Indicator – ForexMT4Indicators.com
BySilas WThe BW-Zone MT4 Indicator is based on Bill Williams’ trading system. It highlights buy and sell zones directly on the chart, using color-coded bars to show momentum and direction. Green bars signal a bullish zone, while red bars point to a bearish one. These visual cues make it easier for traders to decide whether to…
Chart Art: WTI Crude Oil (USOIL) Aiming for Triangle Resistance?
BySilas WWTI crude oil has been on a tear lately, boosted by threats of additional sanctions on Russian oil. But can worsening trade tensions force the triangle top to hold as a ceiling? Check out these nearby inflection points I’m watching on the daily time frame. WTI Crude Oil (USOIL) Daily Chart by TradingView In case…

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