Author: FX

In the fast-paced world of financial markets, traders are constantly on the lookout for tools and strategies that can help them make more informed decisions and maximize their profits. One such tool that has gained significant attention in recent years is the Perfect Trendline MT4 Indicator. In this article, we will delve into the intricacies of this powerful indicator, exploring its features, benefits, and how it can be a game-changer for traders. Understanding Trendlines Before we dive into the Perfect Trendline MT4 Indicator, it’s essential to grasp the concept of trendlines. Trendlines are graphical representations of price movements in a…

Still looking for a trend to trade? EUR/AUD has been making lower highs and lower lows since turning lower from the 1.6850 resistance! Source link

USDThe Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement.Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt.The recent US CPI missed expectations across the board bringing the expectations for rate cuts forward. The labour market is starting to show weakness as Continuing Claims are now rising at a fast pace and the recent NFP report missed across the board. Last week though, the US Jobless Claims beat forecasts by a big margin, although volatility in the…

Share: EUR/USD stalls at 1.0960 hurdle. Economists at Société Générale analyze the pair’s outlook. December seasonality bullish Month-end equity portfolio rebalancing flows could renew EUR/USD buying interest this week and guide the pair back above 1.0960 resistance which stands in the way of a rise to 1.10. Seasonality turns resolutely bullish Euro in December. The average gain of the last 10 years is 1.1%. Based on current spot, this would translate into 1.1050 for EUR/USD by year-end.  The combination of China stimulus (housing/ foreign orders) and lower oil prices are supportive for higher EUR/USD so long as the…

AUD/USD ANALYSIS & TALKING POINTSAustralian retail sales figures show high interest rate environment may be weighing negatively on consumers.US economic data and Fed speakers under the spotlight later today.AUD/USD 200-day MA break could expose long-term trendline resistance once more.Elevate your trading skills and gain a competitive edge. Get your hands on the AUSTRALIAN DOLLAR Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROPThe Australian dollar reaction to this mornings retail sales report was interesting as the move back into…

Cool Company declares $0.41 dividend Source link

© Reuters. FILE PHOTO: Rescue operations continue as evening approaches, where workers got trapped in a tunnel construction collapse in Uttarkashi, northern state of Uttarakhand, India, November 27, 2023. REUTERS/Francis Mascarenhas/File photo By Saurabh Sharma SILKYARA, India (Reuters) – Rescuers in India are just six or seven metres (20-23 feet) away from 41 men trapped in a collapsed highway tunnel in the Himalayas for more than two weeks, and are confident of drilling through to reach them on Tuesday, officials said. The men, low-wage workers from India’s poorest states, have been stuck in the 4.5 km (3 miles) tunnel in…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

Share: Australia’s Retail Sales, a measure of the country’s consumer spending, dropped by 0.2% MoM in October from the previous reading of a 0.9% rise, according to the official data published by the Australian Bureau of Statistics (ABS) on Tuesday. The figure came in worse than the market expectation for an increase of 0.1%. Market reaction Following Australia’s Retail Sales data, the AUD/USD pair is up 0.05% on the day at 0.6609. About Australia’s Retail Sales The Retail Sales released by the Australian Bureau of Statistics is a survey of goods sold by retailers is based on a…

In the fast-paced world of trading, having the right tools at your disposal can make all the difference between success and failure. One such tool that has gained significant attention in recent times is the Xmaster Formula MT4 Indicator. In this article, we will delve into the intricacies of this powerful trading tool, exploring its features, benefits, and how it can potentially transform your trading strategy. So, buckle up as we take a journey into the world of trading with the Xmaster Formula MT4 Indicator. Understanding the Xmaster Formula MT4 Indicator Before we dive into the nitty-gritty details, let’s start…