Daily Pivots: (S1) 155.59; (P) 156.29; (R1) 156.77; More… USD/JPY recovers mildly after hitting 55 4H EMA, but stays well below 157.88 resistance. Intraday bias remains neutral and more consolidations could be seen. Downside should be contained by 154.47 resistance turned support. On the upside, break of 157.88 will resume the whole rally from 139.87. […]
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Key Highlights GBP/USD started a recovery wave above the 1.3120 barrier. It cleared a key bearish trend line with resistance at 1.3115 on the 4-hour chart. Gold could extend upside if it clears the $4,200 resistance. WTI Crude Oil prices declined steadily below $60.00. GBP/USD Technical Analysis The British Pound formed a base above 1.3050 […]
The post GBP/USD Aims Steady Recovery as Buyers Test Early Upside appeared first on Action Forex.
The Bank of Japan’s dovish board member Asahi Noguchi declined to reinforce growing market speculation over a December rate hike, instead taking a neutral stance and underscoring the importance of adjusting policy only at the right time.
Earlier post, recapping now:
While acknowledging the BoJ can resume raising rates now that the risks from U.S. tariffs are fading, he argued any tightening must be done “in a measured, step-by-step manner.”
Noguchi warned that keeping real rates too low for too long risks weakening the yen and pushing inflation higher than needed — especially as Japan approaches full employment and the positive effects of a weaker currency diminish. He noted that exchange-rate moves remain an important transmission channel, and recent yen volatility underscores the economic costs of prolonged accommodation.
With inflation exceeding 2% for more than three years and wage pressures building, Noguchi said sustained real wage gains around 1% — expected sometime in fiscal 2026–27 — will be key to anchoring inflation at target. Until then, he urged the BoJ to strike a balance: moving neither too quickly, which could choke off wage momentum, nor too slowly, which risks destabilising prices. The next policy meeting is on 18–19 December, where markets see a slim majority chance of a rate increase.
This article was written by Eamonn Sheridan at investinglive.com.
Wood Mackenzie expects China’s oil demand growth to slow sharply over the next few years, approaching zero by 2027 as the country nears peak consumption.
Gelder highlighted large inventory builds earlier this year, followed by recent drawdowns as prices softened. He said the key uncertainty for global oil markets in 2026 is the extent to which China rebuilds commercial inventories, especially given limited growth in crude runs and rising refined-product exports. How much surplus crude ends up in Chinese storage will have a significant influence on the trajectory of global oil prices.
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The shift toward near-zero demand growth reduces China’s role as the global oil demand engine and places greater emphasis on inventory flows. Traders will closely track Chinese crude storage decisions, which could tighten or loosen balances quickly.
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Wood Mackenzie is a global energy and resources research and consultancy firm known for its analysis of oil, gas, power, metals and mining markets
This article was written by Eamonn Sheridan at investinglive.com.
AMD closed at 214.24 USD, gaining +3.93% for the day.
The daily chart (as of the November 26 close) shows bulls defending a key support area after a deep correction. Below is the technical read based on the chart in today’s video.
AMD Stock Technical Analysis Video Made Simple & Effective
1. The Trend Line Break and Why It Trapped Retail Traders
On November 20 and 21, AMD broke below the rising trend line.
Many retail traders likely shorted that breakdown, assuming it confirmed a bearish continuation.
This is the classic trap.
Price quickly retested and pierced back above the trend line on November 24, forcing late short sellers to cover. This behavior signals that the breakdown lacked conviction and that buyers were waiting to step in.
The structure now favors a push toward the 20 day EMA and toward the November 7 swing low near 224.5. For short sellers still holding, this zone is where they typically reassess or take profits.
2. Context: A Deep Correction That May Be Ending
AMD has already corrected sharply:
6.96% down in 1 week
16.92% down in 1 month
Over roughly 27 calendar days / 19 trading days, AMD dropped more than 27% from the highs
The all time high was $267.8 on October 29, 2025
Most investors treat 20% as a classical correction threshold.
AMD is far beyond that and is now stabilizing around a price level that aligns with “fair value” after removing the excessive surge from early October.
This makes the current zone attractive for investors watching for the end of a correction cycle.
3. A Double Bottom Gives Bulls Room to Breathe
AMD formed a recognizable double bottom:
First bottom: November 21
Second bottom: November 25
This shows buyers defending the same area twice within a short period.
It strengthens the argument that a temporary floor has formed unless the market breaks significantly lower.
4. The Line in the Sand: $198.30
This is the most important part of the analysis.
198.30 USD is the medium term level that bulls must defend:
It aligns with volume profile support from the last four to five trading days
It sits underneath the $200 round number, a psychological level watched by both institutions and retail
A daily close below $198.30 puts AMD at risk of another 11% decline, targeting the region around $174
A gap around $170.68 is also sitting below, created during the massive AMD x OpenAI announcement which triggered a 37 percent surge that same week
For swing traders and long term investors, $198.30 is the key invalidation level.
Short term day traders will naturally have tighter stops.
5. Range Bound Trading Likely Before Next Big Move
Until a clear breakout occurs, AMD may trade inside a range:
$198 to $214
Possibly extending to $225 to $227 if momentum builds
This range reflects a market that has removed excess and is now searching for direction. The broader market will also influence AMD’s next move.
6. Upside Targets in the Near Term
If AMD continues to hold above support:
Retest of the 20 day EMA
Move toward the $224.5 to $225 zone
Break above $227 would shift sentiment more decisively in favor of bulls
Short sellers who did not cover during the trend line reclaim will be squeezed in that 224 to 227 region.
Is AMD Stock Done With Its 27% Correction? Watch the Line in the Sand.
AMD’s correction has been deep, fast, and arguably overextended. Buyers are now defending a meaningful area on the chart, and unless AMD closes below $198.30, the path of least resistance leans toward consolidation or a bounce toward the mid $220s.
This analysis is meant to give orientation for both traders and long term investors who follow AMD closely.
For more technical perspectives and real time updates, visit investingLive.com.
This article was written by Itai Levitan at investinglive.com.
For the second half of last week, I was in Singapore attending the FIX Southeast Asia Multi-Asset Trading Conference 2025. It was a fairly engrossing event with plenty of interesting topics being shared and discussed throughout.
The conference started on time, more or less as these thing usually go, with a breakfast session for attendees to get to meet and greet. I’m not a coffee person, so I only helped myself to a croissant and tea while speaking to some of the organising members and the early attendees. It was nice to get to know people from other facets of the industry in sharing experiences and intellect on the vast difference that is global financial markets.
Before you know it, they rang the bell informing us that the event was about to begin and we moved from the breakfast room to the conference room. It was a nice change of pace in having to just focus on one screen for a day rather than multiple screens I would say.
The focus of the event is as per the name itself, that is to understand the technological changes in the industry and how this is all leading to everyone having access and capacity to participate in the many assets that financial markets have to offer. The event agenda comprised of the following topics and speakers:
There were plenty of discussions surrounding the use of AI and how it is transforming the industry as a whole. From back office systems to actual trade implementations, everyone can agree that the speed in which the technology is capturing the space is rather breathtaking. But again, the key thing in moving all of this forward is efficient and proficient usage of the technology and not just for the sake of convenience while sacrificing actual results at the end of the day.
On how AI can be used in trading, I would argue the point made about it being an assistance tool to the trader is perhaps the most compelling. It will take years still, if even possible, for AI to understand the subtle nuances in reading markets and understanding holistically what goes into a trade. It’s complex and something even us as humans, with years of expertise and knowledge, still struggle with. And even until this day, the landscape of markets is always evolving and we as traders also have to. So, to expect technology to compensate for that is still quite a stretch I would say.
Sure, there are algos and AI tools spewing out trade systems and pattern recognition and what not. However, it really cannot compare and cannot be expected to perform consistently in the long-run as markets are constantly changing and evolving all at the same time alongside the people who are actually involved in it.
As such, the case of using AI as an assistant tool is made more plausible in it helping us to summarise what may be our best trade executions in terms of timing, asset class, performance selection, etc. And it being able to quickly chart historical patterns in our trading to identify the kind of risk measures that we are using and to tweak that where necessary in our future trades.
All of that seems to carry more weight than expecting AI to replace humans in fundamental trade execution at the end of the day, at least for now.
Besides that, I found the topic of tokenisation to be rather interesting and how it will eventually change up the whole financial system landscape in terms of democratising assets and making them accessible to everyone and anyone.
There’s still some ways to go on that of course, as regulatory lines continue to be the main hurdle. There’s no one single body in the world that can be tasked to handle this space and that’s the main issue that is blocking tokenisation from really taking flight.
But the idea here is one as shared from the conference, that being akin to if you’ve heard a song playing in the shopping complex. You’ll whip out your phone to ask what song that is. And the next step is that you won’t be recommended to travel 6-7 kilometres to the record store to pick up a vinyl copy just so you can listen to the song again. You’d instead be pushed to the digital route of listening to the song on iTunes or Spotify and that will be instant, just a touch of a button away.
And that’s essentially where we’re headed in terms of how democratisation of assets is going to work in the future.
No more having to deal with sell side representatives. No more needing to deal with fund managers. No more having to pay extra fees to invest in funds because you’d otherwise have no access to. Instead when tokenised, access to these funds will easily be with just a tap of a screen on an exchange. Quick, seamless, easy.
I found that part of the conference to be most interesting but again, it’s not something that we might see in the next decade. But given time, expect the idea to keep coming back around and regulators having to keep fighting to control the space and prevent necessary fraud and also to *cough* protect their own interests.
In rounding things off, it was a sharing session on how firms are all pivoting towards a genuinely multi-asset trading desk setup. And that’s something that we here at investingLive can also relate to. It’s not just a one person fit for each and every category in the market, but instead it is a one person fit for all categories.
You can’t just be a trader in wanting to focus solely on FX or equities or bonds. In a world that is so fast-paced as it is now and how interconnected markets are, you have to be a trader for everything. And if not, at the very least have the necessary knowledge and understanding in making that connection between markets.
Of course for the bigger firms, it’s all about “leveraging assets” to “move the needle”, “streamlining” processes to “maximise efficiency and synergy”. To cut out the corporate lingo, it’s really just about maximising profits and reducing costs.
In this day and age and with the technology that we have, it doesn’t make sense to have silo traders who are just focused on their own asset class. You need flexibility and that’s where the idea of a multi-asset trading desk comes in.
However, it’s not just about the people and the number of staff. It’s also about the solution offering to clients and how quickly the desk can pick up on opportunities across different markets and to use that expertise and strong suit to capitalise on trades to make profits.
And that’s something I wholeheartedly agree as well. Knowledge is everything when it comes to trading. You may not use everything that you know in a trade but it is always better to be in the know than to be left out and having to be sidelined just because you didn’t understand something well enough.
In the current landscape, no person can truly say that they’d be better off trading just FX or equities or bonds or commodities without looking at each and every market. Everything is interconnected and it’s always best to understand what is happening in other markets before it comes back to bite at you.
We may not think that we’d need that now but when the opportunity comes, it really, really does pay to know your sh*t. Otherwise, these are still good things to keep in your back pocket.
It’s basically just like an umbrella. Even if it’s the summer and it almost never rains, it’s best to have it in case of that 5% chance it does one day. And in trading, sometimes that 5% chance is all it takes to make or break your livelihood.
In ending, I just want to offer my thanks and a big thumbs up to the FIX Trading Community for organising a really cool and successful event here in Singapore. Looking forward to the next one!
This article was written by Justin Low at investinglive.com.
The Reserve Bank of Australia may need to raise interest rates as early as the first half of 2026 if growth accelerates and labour-market conditions tighten further, according to National Australia Bank chief economist Sally Auld.
Australia’s soft landing has placed the RBA in a unique position among global central banks
Auld argues that there is little spare capacity left to absorb a renewed economic upswing. Warns that any period of above-trend expansion risks reigniting inflation through higher wages and capacity-driven price pressures.
“Any acceleration in growth and/or a tightening of the labor market from here will likely force the RBA to contemplate the need for rate hikes, possibly as soon as” the first half of 2026
This article was written by Eamonn Sheridan at investinglive.com.
Daily Pivots: (S1) 0.8770; (P) 0.8784; (R1) 0.8803; More… EUR/GBP’s fall from 0.8663 extends lower today. The break of 0.8765 support confirms short term topping at 0.8863, on bearish divergence condition in 4H MACD. Intraday bias is back on the downside for 55 D EMA (now at 0.8742) first. Sustained break there will be an […]
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