Author: FX
ECB is in a good place, but no reason for complacency.Can’t allow inflation undershoot to shift expectations.Concerned about inflation being below target for an extended time.Exchange rate is not a policy target.Risks to inflation are two-sided.The Euro has real chance to become more important.He’s clearly a dove with such a strong focus on the risk of undershooting the target. ECB speakers have been citing Euro’s appreciation much more frequently recently with de Guindos kind of drawing a line in the sand at $1.20. All else being equal (and it rarely stays like that), if the euro continues to surge and…
Gold price struggles to attract any meaningful buyers amid a combination of diverging forces. A modest USD bounce from a multi-year low and a positive risk tone caps the XAU/USD pair.Fed rate cut bets keep a lid on the USD and support the XAU/USD pair amid trade uncertainties.Gold price (XAU/USD) seesaws between tepid gains/minor losses through the first half of the European session on Wednesday and remains below a one-week high touched the previous day. The USD gains some positive traction and for now, seems to have snapped a seven-day losing streak to its lowest level since February 2022, which,…
The FX CHAOS MT4 Indicator is a visual trading tool that helps spot market direction using a combination of moving averages, trend detection, and smoothed price action. It draws colored bands or lines on the chart, making it easy to tell whether the market is trending up, down, or staying flat. The name “CHAOS” reflects its ability to find order in the unpredictable movements of the forex market. Whether you’re a beginner or experienced trader, this tool provides a fast, at-a-glance market view. How It Works on the Chart When added to your MT4 platform, the FX CHAOS Indicator overlays…
The Loonie is having trouble extending its downswings near a key support zone! Think it means CAD/JPY is ready to extend a longer-term uptrend? Let’s take a closer look at the 4-hour time frame! CAD/JPY 4-hour Forex Chart by TradingView Japanese yen traders found some support from slightly better-than-expected manufacturing surveys and comments from BOJ Governor Ueda at the ECB Forum, where he noted that underlying inflation remains below the central bank’s 2% target. Still, the yen gave back some of its weekly gains on Tuesday as geopolitical tensions and trade war concerns began to ease. Over in Canada, a…
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…
With deflation risks creeping back and SNB officials floating the idea of negative rates, Switzerland’s June CPI release could shake up Swiss franc pairs more than markets expect. Planning on trading the event? Here are the points you need to know first: 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
Markets kicked off the second half of the year with a fresh batch of economic data, political headlines, and policy clues that kept traders on their toes. From stronger-than-expected global PMIs to Powell’s cautious tone and oil’s rebound, the session offered no shortage of signals for those watching central banks and risk sentiment. Here are headlines you may have missed in the last trading sessions! Headlines: New Zealand NZIER business confidence for Q2: 22.0% (6.0% forecast; 19.0% previous) Australia S&P Global manufacturing PMI final for June: 50.6 (51.0 forecast; 51.0 previous) Japan Tankan large manufacturers index for June 30: 13.0…
US, Indo-Pacific partners announce minerals initiative as Rubio hosts counterparts Source link
The Custom MACD MT4 Indicator is a modified version of the classic Moving Average Convergence Divergence (MACD) tool. It adds extra features and lets users tweak settings like fast and slow EMAs, signal lines, and histogram colors. This makes it more adaptable to different trading styles, whether someone prefers day trading or long-term investing. Unlike the standard MACD, this version offers better visual cues and alerts, making it easier to spot momentum changes. Why Traders Prefer the Custom Version Many traders in the U.S. favor the Custom MACD because it helps them cut through market noise. With sharper visuals and…
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…