In the world of forex trading, staying ahead of the curve is essential. Traders are constantly seeking an edge, and one of the most valuable tools in their arsenal is the MACD True MT4 Indicator. This technical analysis indicator can provide valuable insights into market trends and potential entry and exit points. In this article,
Yesterday, it seemed like there was a way forward where McHenry would be empowered as speaker until January and Jordan would have until then to lock down enough votes. But it appears that’s not the plan anymore. There’s some talk of Trump for a short time but it’s getting tough to find a candidate that
EUR/USD: No Interest Rate Hikes from the Fed and ECB in the Near Future? ● Starting from the last days of September, the U.S. Dollar Index (DXY) has been trading within a sideways channel. Macroeconomic data released last week did not provide a clear advantage to either the U.S. or the European currency. On Tuesday,
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Inflation expectations, bond yields, and the Israel-Hamas war dominated headlines once again. But we also saw plenty of other headlines from around the globe shake up how traders were pricing in forex sentiment this week. What were the headlines and drivers, and who among the majors came out on top? USD Pairs Overlay of USD
The GBPUSD tried to get above its 100-hour moving average for the 3rd day in a row. This time, the time above was quick (and the quickest of the three – see blue line on the chart below). The point is that buyers had their shot once again and the hurdle was the easiest this
Share: USD/JPY has risen again to the area just below the 150 mark. Economists at Commerzbank analyze the pair’s outlook. The MOF’s intervention policy is dangerous The window in which the BoJ could have initiated a monetary policy turnaround is slowly closing. The headline inflation rate is falling and the core rate has
The market still fears the 150.00 level in the USDJPY. There was a run above at the start of the month and a quick 280 PIP move back to the downside. This week, there was a 100 PIP tumble in a minute of trading on another BOJ fear schism. Technically, move above the 150.00 level,
Share: Pound Sterling dropped after data showed that UK Retail Sales declined by almost 1% in September. The decrease in Retail Sales suggests a weakening household’ spending, which is the main driver of the UK economy. The Bank of England is widely expected to leave interest rates unchanged. The Pound Sterling (GBP) retreated after the
DXY daily Synopsis: Despite its historical strength and the ‘USD smile’ framework, the USD’s recent subdued performance has left market observers questioning the continued applicability of this model. Credit Agricole delves into the factors affecting the USD’s momentum and highlights the potential paths for the currency moving forward. Key Takeaways: Synchronized G10 Rates and Yields:
