Author: FX

Can a strong U.K. jobs report revive hawkish BOE expectations? Our Event Guide for the U.K. May Employment Report suggests that faster hiring growth could enable sterling to function as a “risk currency” again. Here’s what I’m watching on GBP/CHF and GBP/NZD in case we see more signs of resilience in the labor market. 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 U.K. is about to drop its latest employment data! The Event Guide for the U.K.’s May Jobs Report points out that leading indicators are flashing red, and possibly hinting at slightly weaker employment conditions compared to April. This week, we’re taking a look at GBP/AUD and GBP/JPY’s setups if the U.K.’s labor market numbers disappoint expectations. 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 Weighted WCCI MT4 Indicator is an advanced version of the well-known Williams’ %R indicator, widely used by traders to identify overbought and oversold conditions in the market. While the traditional Williams’ %R uses the highest and lowest price levels over a given period to generate signals, the Weighted WCCI adds a key feature — it assigns weighted values to different price levels, making the indicator more sensitive to recent price action. This adjustment enhances the responsiveness of the indicator, helping traders detect trends and reversals with greater accuracy. The addition of weighting gives traders more clarity when interpreting the…

Traders are bracing for the latest U.K. jobs data, but wage growth could steal the spotlight and shake up pound pairs if it catches the market sleeping. Here are points to know if you’re trading this week’s U.K. labor market release! 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

This week, our currency strategists focused on the BOC Monetary Policy Statement for potential high-quality setups. Out of the four scenario/price outlook discussions this week, one discussion arguably saw both fundie & technical arguments triggered to become a potential candidate for a trade & risk management overlay. Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they are published throughout the week, you can subscribe…

FX markets brace for another pivotal week dominated by US inflation data and lingering trade uncertainties. Let’s dive into how these developments could influence the major currencies this week! Source link

USD/CNY has been sagging lately but there is no real drama here. Chinese and US officials are meeting on Monday in London. This article was written by Adam Button at www.forexlive.com. Source link

The XO MT4 Indicator is a versatile tool used in MetaTrader 4 (MT4), one of the most popular platforms for forex and stock trading. This indicator uses a unique algorithm to track price movements, offering traders clear buy and sell signals. By displaying these signals directly on the chart, the XO MT4 Indicator makes it easy for users to identify potential market opportunities at a glance. It is especially useful for traders looking to take advantage of short-term trends and fluctuations in the market. How Does the XO MT4 Indicator Work? The XO MT4 Indicator works by analyzing historical price…

The Japanese economy showed no growth over the quarter in the first quarter (Q1) of 2025, the final reading released by Japan’s Cabinet Office showed on Monday. This reading came in above the market expectation and the previous estimate of -0.2%.The Japan’s Gross Domestic Product (GDP) fell at an annual rate of 0.2% in Q1, compared to -0.7% in the previous reading.Market reaction to Japan’s GDP dataAt the press time, USD/JPY trades 0.13% lower on the day at 144.68. GDP FAQs A country’s Gross Domestic Product (GDP) measures the rate of growth of its economy over a given period of time, usually a quarter. The most reliable figures are…

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…