STI at Crossroads: How to Trade with Strong Momentum & Historical Highs
STI on the Edge: Bullish Momentum vs. Resistance (3400)
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STI on the Edge: Bullish Momentum vs. Resistance (3400)
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IG Group (LON: IGG) closed fiscal year 2025 with total revenue of more than £1.07 billion, up 9 per cent year on year. Net trading revenue stood at £942.8 million, a 12 per cent increase. A Strong Year for IG The London-listed company also posted a strong bottom line. Adjusted pre-tax profit rose 17 per…
On Tuesday, the US stock market concluded the session with a slight decline. The Dow Jones (US30) fell by 0.07%, and the S&P 500 (US500) dropped 0.21%, while the tech-heavy NASDAQ (US100) managed a marginal gain of 0.01%. Investors found themselves in a state of uncertainty: the initial optimism sparked by President Trump’s claims of…
As the EUR/USD chart shows today, the euro has strengthened against the US dollar, climbing above the 1.1670 level, compared to the 1.1400 area at the beginning of the month. Why Is EUR/USD Rising? According to Reuters, the US dollar’s weakness is being driven by: → Expectations of a Federal Reserve rate cut, which intensified…
Pound Sterling edges lower against US Dollar in final stretch to 2025 The Pound Sterling (GBP) trades broadly higher against its major peers in European trading hours on the last day of 2025. The British currency remains upbeat on market expectations that it will continue to outperform in 2026 amid hopes that there will be…
The Channel Based on the Fibo levels MT4 Indicator is a custom tool designed to plot dynamic channels using Fibonacci retracement levels. It automatically adjusts based on recent price swings, forming a visually clear path for where price may find support or resistance. Traders don’t need to manually draw lines or guess where the key…
Central bank events in Europe gave the Dollar some support on Thursday, Francesco Pesole, FX Strategist at ING argues. DXY may trade closer to 106.00 “The surprise rate cut by the Swiss National Bank and a dovish hold by the Bank of England reinforced the notion that central banks in Europe are way ahead of the…