Author: FX
The Linear Momentum MT4 Indicator is a custom technical tool designed to measure the strength and direction of a price move. It calculates the momentum of the market by analyzing the difference in price over a given period. Instead of showing trends or signals like basic moving averages, it focuses on the intensity of price change, helping traders confirm whether a move is strong or weak. This makes it useful in both trending and ranging markets. Why Momentum Matters in Trading Many traders get caught in sideways markets or enter positions when the price is losing steam. The Linear Momentum…
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: investingLive is not an investment advisor, investingLive provides references and…
The USDCHF surged higher yesterday, breaking above key technical levels and gaining upside momentum into the close and early into today’s trading session. The rally carried the pair into a swing area between 0.81468 and 0.81554, where sellers emerged to cap the advance.The breakout began yesterday after the pair pushed through resistance near 0.80628, and then cleared the 38.2% retracement level at 0.8102. That move triggered additional buying, driving the price toward the upper swing target. However, in the early hours today, the market began to pull back, as buyers took profit and momentum shifted to the downside on expectations…
The major US stock indices are opening higher with the NASDAQ index leading the way.The gains are led by the Microsoft and meta after the earnings yesterday. Meta shares are up close to 11%. Microsoft shares are up 6.70% volatile trading. Shares of Nvidia are up 1.81%.Looking at the major indices:Dow industrial average is lagging with a gain of 0.20%S&P index is up 0.75% NASDAQ index is up 1.28%Russell 2000 is down -0.54%Both the S&P and the NASDAQ indices are trading at new all-time intraday highs. FOMO? Apple and Amazon will be released after the close. Apple shares are down…
The Canadian Dollar weakens for a sixth consecutive day, with USD/CAD hitting its highest level since late May.US President Donald Trump threatens 35% tariffs on Canadian goods not covered under USMCA if no deal is reached by August 1.Canadian GDP contracts 0.1% MoM in May, marking the second straight monthly decline.The Canadian Dollar (CAD) remains on the back foot for a sixth straight day against the US Dollar (USD) on Thursday, sinking to its weakest level since late May. At the time of writing, the USD/CAD pair is trading flat around 1.3834 during early American trading hours, hovering near a…
Whether it’s long-distance travel, a small garden to tend each morning or quality time spent with loved ones, the retirement you envision deserves a clear financial strategy.At the heart of that strategy is often a valuable tool: the Individual Retirement Account (IRA). But how can you be sure that your IRA is leading you to the retirement of your dreams? Here’s how to align your retirement accounts with your life goals.Dreaming, yes. But put a figure on itRetirement planning doesn’t start with an Excel spreadsheet. It starts with a vision. Would you like to live by a lake? Travel across…
For a brief period this morning, market commentators mused that the BoJ could announce the next rate hike of the cycle as soon as October. That conclusion was drawn from what appeared to be a slightly more hawkish then expected outcome to today’s BoJ policy meeting. This speculation was quickly quashed by comments from BoJ Governor Ueda in his press conference suggesting that he does not see the BoJ as being ‘behind the curve’ on policy tightening. Nor does he see the ‘fog suddenly lifting’ over the outlook for trade, Rabobank’s FX analyst Jane Foley reports. USD/JPY nears 150.00 as…
Cigna beats profit estimate on robust health services growth Source link
Fundamental OverviewGold extended the losses this week as the bearish momentum heading into FOMC increased following strong US data. In fact, we saw some more hawkish repricing in interest rates expectations and as mentioned here many times, such repricing is negative for the market. Zooming out we are still in a range, but the upside is limited due to the lack of bullish catalysts and the pressure from the hawkish repricing in expectations. Tomorrow, we have the US NFP report and it’s going to be an important one. Soft data will likely give gold a boost, but strong figures could…
The Pairs Index MT4 Indicator is a technical tool designed for the MetaTrader 4 platform. It analyzes and compares several currency pairs at once, showing their strength or weakness in a simple, visual format. Instead of switching between charts or using multiple indicators, traders can get all the key information in one place. This helps them identify strong trends, match strong currencies with weaker ones, and avoid entering trades with unclear direction. Why This Matters in Real Trading In forex, trading the right pair at the right time makes all the difference. A common mistake is entering trades based on…