Author: FX
Following a series of successful cashback promotions in 2025, leading broker XM has launched a new cashback promotion that pays clients for their trades. In spring 2026, it amps up its offering rewarding active traders up to $7 back for every lot traded and giving them the option to unlock an unlimited amount of cash. For a limited time, from 7 April to 7 May 2026, verified XM traders globally can increase their cashback earnings per lot, as they trade popular markets. Designed to boost client engagement and introduce XM’s award-winning products to a wider audience, the event rewards consistent…
The Euro (EUR) extends losses against the British Pound (GBP) for the second consecutive day on Tuesday, approaching the bottom of its near-term horizontal range at 0.8700, from Monday’s highs at 0.8735.The pair has been unfazed by the moderate upward revision of the Eurozone’s HCOB Services Purchasing Managers’ Index figures, which were revised up on Tuesday.Mixed Eurozone services dataBusiness activity in the countries sharing the Euro expanded at a 50.2 pace, according to final estimations, an inch higher than the 50.1 preliminary reading but well below the 51.9 reading seen in February.Spain’s services sector has been the main driver of…
The MT4 Daily Pivot Point Indicator is a technical analysis tool that calculates and displays daily pivot levels directly on a MetaTrader 4 chart. These levels act as potential support and resistance zones for the current trading day. Unlike dynamic indicators that change with every candle, daily pivots stay fixed until the next session. At its core, the indicator plots a central pivot point (PP) along with support levels (S1, S2, sometimes S3) and resistance levels (R1, R2, sometimes R3). Many traders treat these as decision areas rather than exact prices. Price reactions near these zones often reveal whether buyers…
There are just a couple of expiries to take note of on the day, as highlighted in bold below.They are for EUR/USD at the 1.1500 and 1.1525 levels. They don’t tie to any technical significance but could play some role in terms of limiting price action in the session ahead, depending on the market mood.For now, risk optimism is starting to fade once again as we near the deadline of US president Trump’s ultimatum towards Iran. He threatened that all hell will break loose if Iran fails to agree to ceasefire terms and reopen the Strait of Hormuz. And for…
NZD/JPY is in correction mode, with geopolitical developments and an upcoming RBNZ decision possibly setting direction. Source link
The U.S. economy keeps expanding on paper, but the latest ISM reports are quietly sending some unsettling signals underneath. Source link
With rates on hold and confidence cratering, the RBNZ faces a delicate balancing act when it publishes its policies on Wednesday. Source link
Gold (XAU/USD) remains on the back foot during the Asian session on Tuesday, though it lacks follow-through selling and trades in the previous day’s broader range. Hopes for a last-minute agreement between the US and Iran are fading ahead of President Donald Trump’s Tuesday evening deadline to reopen the Strait of Hormuz. This benefits the US Dollar’s (USD) global reserve currency status and exerts some pressure on the commodity. Apart from this, expectations for higher interest rates globally turn out to be another factor undermining the non-yielding yellow metal.Investors now seem convinced that the war-driven surge in energy prices would…
The LWTI MT4 Indicator was designed to deal with that exact issue. It focuses on trend strength and direction rather than chasing every candle. Instead of reacting to noise, it helps traders see when a move has real backing behind it. Used correctly, it can filter weak setups, reduce whipsaw trades, and add structure to trend-following strategies. Here’s the thing. No indicator solves everything. But when traders understand how LWTI works and where it fits, it can become a steady decision-making tool rather than another line on the chart. Let’s break down how it actually works and how traders apply…
Japanese Household Spending February 2026 -1.7% y/y vs. expected -0.7%, prior -1% +1.5% m/m vs. expected 2.6%, prior -2.5%—- Also … Summary:Katayama declines to comment on JGB yield levels Flags G7 concern over oil-driven market volatility Notes close coordination with G7 finance ministers and central banks Oil price swings impacting FX and broader financial markets Yen remains sensitive to energy prices and global yields BOJ normalisation lifting domestic yields adds pressure Signals continued monitoring and coordinated messagingJapan’s Finance Minister Satsuki Katayama refrained from commenting on domestic bond yield levels but flagged rising global volatility driven by sharp swings in oil…