Based on the 4-hour chart for XAUUSD, the technical picture shows a strong bullish momentum, with the following key observations: Price Action and Moving Averages Gold has recently broken out of a consolidation phase with consecutive large bullish candles, reaching a new recent high around $5,363 per ounce. The short-term (red) and medium-term (blue) moving averages are trending upwards in a bullish formation, and the price is trading firmly above them, confirming the strength of...

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With the fourth-quarter earnings season nearing its end, only a few companies remain to release their reports, including Broadcom, JD Sports Fashion, and Costco Wholesale. The US economic data schedule is packed, with key releases including the February jobs report, the ISM Purchasing Managers' Index (PMI) survey, and January retail sales data. The US is expected to have added approximately 60,000 jobs last month, down from 130,000 in January, and the unemployment rate is expected...

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The S&P 500 is on track for a monthly drop after a volatile February. The market experienced sharp fluctuations in February due to dual concerns about an artificial intelligence (AI) trading bubble and the disruptive power of the technology. U.S. benchmark stock index futures fell 0.2%, after a sell-off by chipmakers on Thursday wiped out the index's gains for the week. The Stoxx Europe 600 is on track for its eighth consecutive monthly gain, its...

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Asian stocks are poised for their best February performance ever as investors flock to companies in the region that provide products for building artificial intelligence infrastructure. The MSCI Asia Pacific Index rose 6.7% this month, marking its best February performance since the index's inception in 1998. The index rose 0.1% on Friday, on track to outperform the S&P 500 for the third consecutive month. Stock index futures suggest that Wall Street's benchmark index may fall...

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To align with global Daylight Saving Time (DST) changes in 2026, FXCG will adjust MT4 server time and selected product trading sessions. Key Schedule US DST begins: 08 March 2026 Europe Summer Time begins: 29 March 2026 Server Time MT4 server time will be adjusted to UTC+3 starting 08 March 2026. Market opening on MT4 remains at 00:00 server time. Trading Session Impact FX market sessions may appear 1 hour earlier during the transition period (approx. 3...

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