Tech gremlins ate the Americas timezone wrap, I’ve included the headlines from the session here below: OK, back to the Asia session. Bank of Japan monetary policy board member Naoki Tamura spoke and dropped this into the conversation: Japan’s inflation likely to slow for time being, then accelerate moderately again Can’t rule out chance inflation
How I use rectangle pattern trading This post is to show how I use technical analysis tools for rectangle pattern trading. Rectangle pattern breakout indicator is part of this tools. A lot of rectangle trading pattern can be marked with this tools. I also like to mark out rectangle pattern forex on chart. Some of rectangle pattern in trading can
The $1.2 billion United States Oil Fund (USO) is the biggest US oil ETF. Its rebooting its pre-pandemic investment strategy that drew the scrutiny of regulators and helped roil markets in 2020. In September it’ll begin to back to allocating the majority of its holdings to the nearest oil futures contract, rather than spread exposure
Fed’s Powell’s Jackson Hole speech finally came and unlike last year when the speech was short and sweet and to the point, there was little bit of something for everyone : Regarding monetary policy and rate decisions: Prepared to raise rates further if deemed necessary. The next move will be based on data. The Federal
Higher AUD/USD on the session – rising iron ore price in China a tailwind There are rumours that some Chinese banks are freezing some savings accounts – PBOC denies Bank of America S&P500 technical analysis, 4325 and 4200 as the next two major levels Fund manager says Fed Chair Powell will err on the side
Headlines: Markets: CAD leads, JPY lags on the day European equities higher; S&P 500 futures up 0.5% US 10-year yields up 4.9 bps to 4.298% Gold up 0.3% to $1,893.79 WTI crude up 1.3% to $82.30 Bitcoin flat at $26,081 It was a relatively quiet session as markets get settled into the new week. The
There was no major news coming out of the Fed chatter. Most of the focus was on interest rates, and stocks. Bitcoin fell toward technical support. Crude oil prices rebounded off of low levels and closed higher on the day, but down on the week. On Friday, if you were to look at the price
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Headlines: Markets: EUR leads, AUD lags on the day European equities lower; S&P 500 futures down 0.5% US 10-year yields up 5.1 bps to 4.232% Gold down 0.3% to $1,901.09 WTI crude down 1.0% to $81.69 Bitcoin down 0.1% to $29,331 China was in the headlines once again, performing three rate cuts in one day
News FilterFor the MT4 version it will use economic news calendar from the web https://ec.forexprostools.com . DST (Daylight Saving Time) and GMT Offset are calculated automatically.The MT5 version will use the economic news calendar built in from the MT5 terminal.News filter will stop all adding new positions, and will only close positions when the profit target is
