The latest MACD histogram reading on GBP/JPY shows early signs that the recent bullish momentum may be losing strength. Price is still trading near multi-month highs, but the underlying momentum profile is no longer accelerating. This kind of shift can precede a pause, consolidation, or a deeper corrective phase, making it a key moment for traders to reassess risk…

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So, it’s been about eight months already since “Liberation Day”. How time flies. Yet, we’re yet to see a significant bump to the overall inflation outlook in the US. Yes, higher prices have come but it hasn’t quite translated too strongly to the overall narrative. And as we look towards 2026, how will all of this change and what…

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If you are taking prop trading challenges, you are not only trading the market. You are also trading the prop firm’s rules, technology, and support quality. Two fresh examples show why this matters: If you want the original reporting, here are the two Finance Magnates articles: Below is a newbie-friendly guide to protect yourself from the 2 biggest non-market…

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Prior week 224K revised to 224K The 4-week moving average was 216,750, a decrease of 750 from the previous week’s unrevised average of 217,500 Continuing claims 1.923M vs 1.900 estimate. Prior week 1.897M revised to 1.885M The 4-week moving average was 1,893,750, a decrease of 5,250 from the previous week’s revised average. The previous week’s average was revised down…

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The Canadian Dollar (CAD) holds modest gains against the US Dollar (USD) on Wednesday, even as the Greenback trades firm amid limited movement as markets drift into holiday mode. At the time of writing, USD/CAD is trading around 1.3675, hovering near its lowest level since July 25. Gross Domestic Product (GDP) data released on Tuesday did little to shift…

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Sector Overview In today’s market snapshot, the overall sentiment appears cautious with the technology sector exhibiting minor declines. Notably, Nvidia (NVDA) has slipped by 0.64%, leading the sector’s retreat. Meanwhile, Oracle (ORCL) marked a decrease of 0.38%. Conversely, the consumer cyclical sector offered a beacon of positivity, with Tesla (TSLA) gaining 0.76%. The consumer defensive sector, including stalwart Walmart…

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