Author: FX

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…

Gold (XAU/USD) attracts fresh buyers near the $3,963-3,692 region at the start of a new week and builds on its steady intraday ascent through the early part of the European session. The move up is sponsored by reviving safe-haven demand, bolstered by comments from US President Donald Trump, suggesting that his administration may restrict the flow of artificial intelligence (AI) hardware to its strategic rival, China. Moreover, concerns about economic risks stemming from a US government shutdown and a modest US Dollar (USD) downtick from its highest level since early August turn out to be other factors undermining the precious…

Supreme Court won't stop Trump's tariffs. Deal with it, officials say Source link

EUR/AUD is back at a major support zone for a FOURTH time since September! The pair’s been holding this area pretty well so far, but traders are watching to see if the bulls have enough fuel left to defend it again. We’re taking a closer look at the 4-hour time frame: EUR/AUD 4-hour Forex Chart by TradingView Expectations that the Reserve Bank of Australia will keep policies steady this week have been lifting the Aussie, especially after last week’s hotter-than-expected CPI basically killed near-term rate cut hopes. Over in the Euro Area, mixed mid-tier data and renewed tariff worries could…

We’ve all seen the amazing things ChatGPT can do. The good news is that advanced AI trading tools are now bringing similar benefits to retail forex traders. However, a lot of marketing hype surrounds AI trading. Many forex traders wonder where the line is between truth and marketing fluff. Can artificial intelligence really deliver consistent profits in trading? In this article, we’ll look at where AI really adds value for traders, and where it’s just hyped-up marketing spin. What is Forex AI Trading? Forex AI trading is algorithmic trading that has been improved with artificial intelligence. Old-fashioned trading algorithms can…

EUR/CHF has been cruising below a descending trend line on its 4-hour time frame and looks ready to test resistance once again. Will the area of interest still hold? Take a look at this confluence of inflection points! EUR/CHF 4-hour Chart by TradingView Another tariffs tirade from Trump and China triggered strong safe-haven rallies in early October, bringing in strong demand for the lower-yielding gold-correlated Swiss franc. However, trade war jitters faded last week when the U.S. and China struck a truce, leading CHF to retreat from its climb and EUR/CHF to pull up from its downtrend. Is this a…

The Kremlin said on Friday that Moscow places high importance on Russian Prime Minister Mikhail Mishustin’s upcoming visit to China, viewing it as a key event in the two countries’ growing strategic partnership. A Kremlin spokesperson told reporters that Russia hopes Mishustin will meet with Chinese President Xi Jinping during the trip, describing such engagement as part of the nations’ “established traditions” of close bilateral dialogue.“We look forward to this visit and consider it very important” Mishustin is scheduled to visit China on November 3–4, where he will attend the 30th annual meeting of Russian and Chinese prime ministers alongside…

On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0867 compared to the Friday’s fix of 7.0880 and 7.1171 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese Communist…

The Doda Donchian v2 mod is a custom-built version of the famous Donchian Channel indicator. It calculates the highest high and lowest low over a specific period, drawing upper and lower bands on the chart. These bands act as dynamic support and resistance levels. The v2 modification enhances this by providing smoother visual signals and a more responsive reaction to price movements, making it easier for traders to follow the trend and avoid false signals. How It Helps Traders This indicator works perfectly for trend-following strategies. When prices break above the upper band, it signals a potential buying opportunity. Conversely,…

SA Asks: What's the best quantum computing stock play right now? Source link