FX Weekly Recap: February 24 – 28, 2025

The Blahtech Candle Timer MT5 Indicator eliminates this guesswork. It’s a user-friendly tool that seamlessly integrates with the MetaTrader 5 platform, providing a real-time countdown to the closing of the current candle. This seemingly simple functionality can have a profound impact on your trading strategy. Understanding Candle Formation in MT5 Before diving deeper into the…

SEOUL (Reuters) -South Korea’s central bank governor said it was difficult for the dollar-won exchange rate to return to levels seen in the past, the Yonhap news agency reported on Tuesday. It is difficult to say the dollar-won rate has stabilised and the market is in a wait-and-see mood, the report cited the Bank of…

As the chart shows, the Nasdaq 100 index (US Tech 100 mini on FXOpen) is displaying positive momentum today. A strong catalyst for growth arrived with the release of Nvidia’s quarterly report, which exceeded Wall Street’s optimistic expectations. Nvidia reported quarterly revenue of $57bn (vs. the expected $54.9bn), and earnings per share of $1.30 (forecast:…

Global Analyst Adrian Day reviews initial results from Altius Minerals Corp. (ALS:TSX) and takes a look at gold and gold stocks. Altius Minerals Corp. (ALS:TSX) reported royalty revenue lower than both the previous and the year-ago quarter, as well as below estimates. Attributable revenue fell CA$2.3 million from CA$15 million in the first quarter, largely…

The major uptrend phase of the Hang Seng Index from January 2024 remains intact. Daily RSI momentum indicator suggested an overstretched rally where its medium-term uptrend may have reached a terminal point on 19 March. A multi-week corrective decline may take shape now, watch the 24,980 key medium-term resistance on the Hang Seng Index. /*…