Author: FX

FOMC Governor Michelle Bowman indicated that if inflation pressures stay contained, she would be in favour of lowering the policy rate at the next meeting to align it more closely with its neutral setting and maintain a healthy labour market. Key Quotes Open to cutting rates as soon as the July FOMC meeting if inflation pressures stay contained. Should put more weight on downside risks to the job market going forward. It is time to consider adjusting the policy rate. Trade policy only likely to have ‘minimal impacts’ on inflation. Data not showing much impact from trade policy shifts. Government…

The dollar is making some decent strides on the session and that is despite broader markets taking a more measured stance towards the Iran-Israel conflict today. Oil prices are now roughly flat at $73.90 after a push to $77 at the open while S&P 500 futures are seen up 0.2% on the day, shrugging off losses of 1% at the lows in early Asia trading.So, what gives in the currencies space?EUR/USD is now down 0.5% to 1.1465 while USD/JPY is up 1.2% to 147.83 on the day. The latter does owe in part to a focus on the oil market…

Geopolitics may be grabbing headlines, but Canada’s CPI could be a real mover for Loonie pairs this week. With BOC weighing its next move, a hot inflation print could throw rate cut expectations out the window. Here are points to know if you’re trading Canada’s inflation 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

EUR/USD looks ready to extend a weeks-long trend after falling to a key support zone! Can the pair sustain a bullish momentum in the next trading sessions? We’re taking a closer look at the 4-hour time frame! EUR/USD 4-hour Forex Chart by TradingView Tensions in the Middle East flared up over the weekend after the U.S. hit Iran’s nuclear sites, prompting Iran to fire back with more missiles aimed at Israel. That kicked off a rush into safe havens, with the euro taking a hit against the dollar. But some profit-taking and positioning ahead of this week’s big events helped…

There are a couple to take note of on the day, as highlighted in bold.That being for EUR/USD at the 1.1490 to 1.1500 levels. The expiries could play a role in pulling price action, particularly with the key hourly moving averages at 1.1503-15 currently. That being said, trading sentiment is largely driven by the dollar flows in reaction to the Middle East developments. So far today, the dollar is sitting higher but the overall impact to the risk mood is rather measured. As such, there might not be too much in it.However, USD/JPY is one to keep an eye out…

The Kazakh Boa MT4 Indicator is a custom trading tool developed for MetaTrader 4 that helps traders recognize trend strength and momentum shifts in real time. It simplifies price movement into clear, color-coded visual signals on the chart. By filtering out market noise, it shows where the action is building up, making it easier for traders to spot trade opportunities without second-guessing themselves. How It Works on the Chart Once added to a chart, the Kazakh Boa Indicator plots dynamic lines that react to price momentum. When the market is moving in a strong direction, the indicator displays solid, continuous…

Missed bitcoin’s descending triangle breakdown? There could still be a chance to catch the new trend on this pullback! Take a look at these retracement levels on the 4-hour chart. Bitcoin (BTC/USD) 4-hour Forex Chart by TradingView Bitcoin chalked up further losses as worsening geopolitical conflict in the Middle East sparked a massive wave lower for risk assets. Bulls still seem to be defending the $100K key support level strongly, though, triggering a bounce from the latest slump. Will resistance zones attract more sellers though? Remember that directional biases and volatility conditions in market price are typically driven by fundamentals.…

Buckle up, traders! The Middle East situation just blew wide open, central banks are playing musical chairs with interest rates, and economic data is painting a picture gloomier than a London winter. Source link

The StochasticONprice MT4 Indicator displays the classic stochastic oscillator right on the candlestick chart. Instead of switching between chart windows or relying on separate panels, traders can now view price action and indicator behavior at the same time. This unique feature helps traders spot momentum shifts and trend reversals without missing the bigger picture. The indicator is especially helpful in volatile conditions, as it highlights overbought and oversold zones directly on the chart, keeping things simple and efficient. Why It’s Better Than Standard Stochastic Indicators Standard stochastic indicators work well, but they require traders to constantly glance back and forth…

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…