ECB Over; Key questions arise

The ECB delivered a 25 basis point hike and signalled that in the central scenario rates have now peaked. How long rates will remain at record highs will depend on data releases, but in effect also market reaction to signals. HFM · ECB Over; Key questions arise Pricing in rate cuts too early could actually

AUDUSD bounces off the 100 hour MA for the 3rd day in a row

The AUDUSD traded at the week’s low on Monday in the 1st hour of trading at 0.63706. The price moved sharply higher on that day, but by Wednesday, the price had rotated back down toward the lows into a swing area between 0.63791 and 0.63874. Support buyers came in against that level and pushed the

Gold Prices Bounce Off Fibonacci Support, Attacks Cluster Resistance. What Now?

GOLD PRICE FORECAST: Gold prices rebound heading into the weekend, challenging cluster resistance stretching from $1,920/$1,930 Despite Friday’s recovery, the fundamental backdrop remains challenging for precious metals Next week, all eyes will be on the FOMC announcement Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX

1-2-3 Pattern MT4 Indicator – ForexMT4Indicators.com

Are you an avid trader looking for an effective way to identify potential trend reversals in the forex market? Look no further – the 1-2-3 Pattern MT4 Indicator might just be the tool you need. In this article, we’ll delve into what this indicator is all about, how it works, and how it can assist

Euro (EUR) Price Latest – EUR/USD Struggles Against a Robust US Dollar

EUR/USD Forecast – Prices, Charts, and Analysis EUR/USD technical outlook remains bleak. FOMC – a hawkish hold next week? Recommended by Nick Cawley How to Trade EUR/USD The ECB hiked rates yesterday by 25 basis points across the board, the central bank’s tenth consecutive increase, as it strives to bring inflation back to target. The

Market is stable and Volatility is cheap – VIX

You may have already seen this chart: it represents the seasonality of the fear index, the VIX, from 1990 until last year (in dark grey). There is also a line (light grey) that does the same thing, but excludes 2008, which was a particularly volatile year due to the GFC and therefore an outlier. This

NZDUSD Technical Analysis – The bearish trend is still intact

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. The US CPI this week came in line with expectations, so the market’s pricing remained roughly the same. The labour market displayed signs