Share: The GBP/JPY is seeing further downside on Monday, sliding from 182.00. Yen continuing to firm up heading into Tuesday’s BoJ showing. Low-impact UK data came in broadly red for Monday, one last bad print before Thursday’s BoE. The GBP/JPY is trading down into 181.00, with further declines on the cards back into
In the dynamic world of financial markets, traders constantly seek innovative tools to gain an edge. One such tool is the StochRSI MT4 indicator, which combines the benefits of both Stochastic and Relative Strength Index (RSI) indicators. In this article, we will delve into the StochRSI MT4 indicator, exploring its functionality, interpretation, and practical application
Bitcoin (BTC) Prices, Charts, and Analysis: A Bullish Pennant breakout is currently being tested. A Golden Cross – 50-/200-day sma crossover has been formed. Recommended by Nick Cawley Get Your Free Bitcoin Forecast We have been positive on Bitcoin over the past few weeks due to a cluster of positive fundamental drivers. The main driver
Global markets have been gripped by escalating tensions in the Middle East, with particular focus on the ongoing conflict between Israel and Hamas. Oil prices, which had slightly eased last week, are once again on edge due to concerns that the conflict might disrupt supplies. The Energy Information Administration’s recent data indicated a drop in
Details: Output (production) +5.2 vs +7.9 prior New orders -8.8 vs -5.2 prior Employment +6.7 vs +13.6 prior Outlook -17.1 vs -17.5 prior Prices paid for raw materials +13.6 vs +25.0 prior Prices received -2.1 vs +1.8 prior Wages +24.4 vs +34.8 prior Comments in the report: Chemical manufacturing The Middle East situation has raised
RAND TALKING POINTS & ANALYSIS Geopolitics, Fed and Chinese factors at play. USD/ZAR rising wedge breakout now limited by support zone. USD/ZAR FUNDAMENTAL BACKDROP Macro-economic fundamentals underpin almost all markets in the global economy via growth, inflation and employment – Get you FREE guide now! Foundational Trading Knowledge Macro Fundamentals Recommended by Warren Venketas The
The “Gartley Hunter multi” indicator is designed to search for and display harmonic trading patterns or Gartley patterns on the chart. The search for patterns is carried out automatically on dozens of instruments and on eight standard timeframes (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). It has an advanced system of alerts and
© Reuters Investing.com – The U.S. dollar edged higher in early European trade Monday, retaining last week’s strength at the start of a week that includes several central bank meetings, most importantly by the Federal Reserve, as well as a slew of important economic data releases. At 03:20 ET (08:40 GMT), the Dollar Index, which
Share: Economists at MUFG Bank analyze GBP outlook ahead of the BoE announcement on Thursday. Weak economic activity The worsening economic data has been clear and will likely be clearly acknowledged by Governor Andrew Bailey in the press conference. We see this inevitable acknowledgement of weaker data and some evidence that the labour
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts FTSE 100 tries to stabilize The FTSE 100 is trying to regain some of last week’s sharp losses which were due to risk-off sentiment surrounding the Middle East and the ‘rates higher for longer’ outlook.The decline took it
