Author: FX

New Zealand’s central bank is widely expected to cut interest rates this week, but will they still hint at further easing to come? Or will policymakers maintain an optimistic outlook and suggest a pause next time? Here are the points you need to know when trading this major event. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate, or “midpoint.” It’s currently at +/- 2%.Previous close was 7.1854 Source link

The MTF EMA 20 MT4 Indicator is designed for traders who want to keep their analysis simple yet powerful. It displays the 20 EMA from a higher timeframe, such as H1, H4, or Daily, right on the chart you’re currently trading. This helps traders see the broader trend while still making precise entries on lower timeframes. The indicator automatically updates with each new candle, ensuring that the displayed EMA is always accurate. Why the 20 EMA Matters in Trading The 20-period EMA is one of the most commonly used moving averages in forex, stocks, and commodities. It reacts faster to…

It was a very quiet day in the US stock market: Dow industrial average fell -33.93 points or -0.08% at 44912.19S&P index fell -0.64 points or -0.01% at 6449.16. The NASDAQ index rose 6.80 points or 0.03% at 21629.77The small-cap Russell 2000 rose 7.94 points or 0.35% at 2294.46,The markets seemed more intent to watch the proceedings from the White House meetings with Ukraine’s Zelenskyy and the EU leaders. There was nothing surprising: Ukraine and EU leaders would like security guarantees in regard to future Russian aggressionTrump suggests that the EU/NATO would be on the front line as far as…

So, you’ve heard that all eyes are on the Jackson Hole Economic Symposium, and you’re wondering why every trader (from pros to meme-stock aficionados) is glued to their screens. Don’t worry—I’ll walk you through what’s happening, why it matters, and what this could mean for your trading journey! What is Jackson Hole and Fed Policy Recalibration? Every August, central bankers, economists, and policy wonks gather in Jackson Hole, Wyoming—not for a cowboy cookout, but for the Federal Reserve’s super-important economic policy meeting, hosted by the Federal Reserve Bank of Kansas City. The highlight? A speech from Fed Chair Jerome Powell,…

Ukraine’s Zelenskiy tells Fox News that giving up territory to Russia would be impossible.Meanwhile, European leaders areto hold a video meeting tomorrow to discuss Washington talks and Ukraine This article was written by Greg Michalowski at investinglive.com. Source link

Slight increase in momentum is likely to lead to US Dollar (USD) trading in a higher range of 7.1800/7.1950. In the longer run, downward momentum is building; for a continued decline, USD must first close below 7.1700, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Slight increase in momentum is likely to lead USD to trade in a higher range24-HOUR VIEW: “Following last Thursday’s price movements, we pointed out on Friday that ‘momentum indicators are turning flat.’ We expected USD to ‘trade in a sideways range of 7.1750/7.1880.’ USD then traded between 7.1780 and 7.1896.’ This time around,…

Gold rebounds from over two-week low amid renewed safe-haven demand markets await the Trump-Zelenskyy meeting.The US Dollar holds firm, while lower Treasury yields offer limited relief to Gold as equity markets hover near record highs.Mixed US economic data tempers rate cut optimism, though markets still largely expect a 25 bps cut in September.Gold (XAU/USD) kicks off the week on a volatile note, staging a sharp intraday recovery after briefly dipping to an 11-day low near $3,323 during early Monday trade. The rebound appears to be driven by renewed safe-haven demand amid geopolitical uncertainties surrounding the Russia-Ukraine peace talks, after the…

Cryptos are facing a pullback to start the new week, with both Bitcoin and Ethereum notably dropping. The former is down close to 2%, adjusting lower after failing to get above $124,000 last week. The latter is seeing a similar rejection of the $4,800 mark. The Friday decline already saw Bitcoin lose near-term momentum and with the latest drop today, Ethereum is suffering a similar fate.Ethereum (ETH/USD) hourly chartThe near 5% fall today takes out the 200-hour moving average (blue line), after buyers had tried to defend the level over the weekend. The break there now sees the near-term momentum…

The Aku Rapopo MT4 Indicator is a technical analysis tool built for the MetaTrader 4 platform. It focuses on delivering real-time trading signals that help traders spot potential buy or sell opportunities. Its simple visual display makes it easy to understand, even for those who are new to chart reading. Traders can quickly assess market direction without being overwhelmed by complex data. This simplicity makes it an excellent choice for those who want straightforward, actionable insights. How It Helps Traders Make Better Decisions One of the main advantages of the Aku Rapopo MT4 Indicator is its ability to reduce market…