Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
In the fast-paced world of trading, timing is everything. The Candle Timer MT5 Indicator is designed to help traders make informed decisions by providing them with precise information about the duration of different candlestick patterns. This indicator takes the guesswork out of trading, enabling traders to execute orders with greater confidence. Understanding Candlestick Patterns Candlestick
Brent crude hourly Oil has taken a quick trip lower after brent fell through $84 in the past hour. That leaves oil down 31-cents on the day after rising as high as $84.74 earlier. The selling comes despite the latest US oil rig count falling by anotehr 8 rigs. They’re now down 133 year over
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
EURUSD 10 m What’s priced in for the ECB ahead of today’s speech from President Christine Lagarde and her 3 pm ET speech? The market is priced 50/50 for whether there will be a hike on September 14 and that rises to above 70% for the October meeting and then fades in 2024. I wrote
Share: EUR/JPY consolidates within the 157.00/158.50 range, with an upward bias influenced by ECB President Christine Lagarde’s hawkish tone on inflation. Technical indicators suggest a new trading range could form if the pair falls below 157.00, with key levels at August 3 low of 155.53 and August 23 low of 156.87. A breach
The price of WTI crude oil futures are settling at $79.83. That’s up $0.78 or 0.99%. For the week, the price-1.03% or $-0.87 (at current levels). It is the 2nd consecutive week to the downside after last week’s decline of -3.04%. Crude oil Looking at the chart above, at the lows this week, the price
Share: European Central Bank (ECB) President Christine Lagarde stated on Friday that critical inflation expectations remain anchored at 2%. She emphasized the importance of these expectations and expressed confidence that inflation numbers would look different by the end of the current year. During an interview with Bloomberg TV, Lagarde mentioned that they would
Today’s trading has been a journey as the market tries to sort out the economy and the bond market. Treasury yields are still higher on the day but have been reeled in from earlier levels. US 10-year yields are up just 0.2 bps on the day to 4.23% from a high of 4.28% after Powell.
Share: GBP/JPY rose near 184.15, but further downside may be on the horizon as bullish momentum wanes. Japan reported soft inflation figures from July. Eyes on Ueda’s and BoE’s official speeches on Saturday. At the end of the week, the GBP/JPY slightly advanced, tallying a 0.50% weekly loss. Inflation figures from July from
