Author: FX
Senate Republicans seek to end EV tax credit by September 30 Source link
The BB With Fract Dev MT4 Indicator is a unique technical tool that combines the classic Bollinger Bands with fractal deviation concepts. Bollinger Bands are great at showing volatility and price extremes, while fractals help identify local highs and lows. By merging these two, the indicator provides a smarter view of market movement. It adapts to price changes and highlights potential turning points using fractal deviations, which may help traders catch reversals earlier than with standard Bollinger Bands alone. How It Works on a Chart This indicator overlays price charts with dynamic bands, much like traditional Bollinger Bands, but the…
The BBwithFractdev MT4 Indicator is a unique technical tool that combines the classic Bollinger Bands with fractal deviation concepts. Bollinger Bands are great at showing volatility and price extremes, while fractals help identify local highs and lows. By merging these two, the indicator provides a smarter view of market movement. It adapts to price changes and highlights potential turning points using fractal deviations, which may help traders catch reversals earlier than with standard Bollinger Bands alone. How It Works on a Chart This indicator overlays price charts with dynamic bands, much like traditional Bollinger Bands, but the magic is in…
Talk about a currency beatdown! USD & CAD cratered while European currencies dominated & CHF was crowned the king! Source link
Silver retreats from a high of $36.83 and trades at $36.16 as the US Dollar and yields edge higher.A bearish engulfing candle forms; weekly close above $36.00 remains key for bullish structure.A breakdown below $36.00 exposes $35.68 and $35.29; bulls must retake $36.83 to resume upside.Silver price sinks more than 1% on Friday, ahead of the weekend, after refreshing a five-day high of $36.83, ahead of $37.00. At the time of writing, XAG/USD trades at $36.16 due to a slight recovery in the US Dollar and rising US Treasury yields.XAG/USD Price Forecast: Technical outlookSilver price retreated, forming a ‘bearish engulfing’…
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…
The Canadian Dollar sharply pared back near-term gains on Friday.US President Donald Trump has announced that his team is ending all trade talks with Canada.Canadian GDP growth contracted in April, adding further downside pressure to Loonie flows.The Canadian Dollar (CAD) backslid on Friday, falling back on a combination of weakening Canadian Gross Domestic Product (GDP) growth metrics and fresh trade tensions with US President Donald Trump. The Trump team appears to be pulling up stakes and abandoning the trade negotiation table entirely, with Donald Trump announcing that he was taking his ball and going home in a social media post…
EUR/USD pulls back to 1.1695 after hitting yearly peak above 1.1750.US core PCE inflation rises above expectations; consumer sentiment improves, weighing on Euro.ECB’s Knot sees one more cut in 2025; French inflation cools, Spain’s HICP exceeds 2%.The EUR/USD retreats from yearly highs above 1.1750, tumbling below 1.1700 despite market participants being convinced that the Federal Reserve (Fed) will cut rates at the September meeting. A mixed inflation report in the United States (US) and optimism among American consumers exerted downward pressure on the pair. At the moment, the pair trades at 1.1695, virtually unchanged.Economic data is taking center stage on…
XAU/USD falls over 1.5% as safe-haven demand wanes on global trade and geopolitical easing.US-China trade deal signed; more agreements expected before July 9, boosting sentiment.Iran signals diplomacy; Israel–Gaza war may end in two weeks, says Al Arabiya.Core PCE rose above forecasts; Fed’s Kashkari still expects two rate cuts in 2025.Gold price tumbled over 1.50% on Friday amid an improvement in risk appetite, driven by several factors. The de-escalation of the Israel–Iran conflict, the trade agreement with China, and ongoing negotiations between the United States (US) and its peers to reach commercial deals were welcomed by investors, who had previously sought…
Bessent indicates that the US dollar drop this year is normal variance.The US still has a strong dollar policyCurrencies move up and downMore fiscal spending in Europe tells you that the euro should appreciateI don’t think anyone is necessarily talking about a shadow FedOne spot on the Fed will open up early in the year when Kugler leavesA group of trade deals (10-12) will be wrapped up by thenApprox 20 other nations will either see reciprocal rates kick in, or will see 10% baseline if they’re negotiating in good faithIt’s all up to TrumpMy inclination is that USTR will start…