Author: FX
Russia sets out punitive terms at peace talks with Ukraine Source link
GBP/JPY looks ready to extend a months-long downtrend! How low can Guppy go before the bulls step in? We’re taking a closer look at the pair’s daily chart patterns! GBP/JPY Daily Forex Chart by TradingView The British pound has taken a hit in recent sessions as rising tensions between Russia and Ukraine spooked investors in the region. At the same time, escalating U.S.-China trade tensions are fueling global growth worries and capping GBP demand, even though the U.K. has relatively less exposure to steep U.S. tariffs. On the flip side, a weakening U.S. dollar is boosting the Japanese yen’s appeal…
Will BOC pull off a “dovish hold” event this week? Our Event Guide for BOC’s June Policy Statement suggests that the central bank would keep its rates steady again after pausing in April. Here’s why GBP/CAD and CAD/JPY present potential trade setups if Gov. Macklem and his team focus on downside economic risks this week: 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 Trend Continuation Factor 2 indicator works by analyzing price movements and filtering out market noise to highlight strong, ongoing trends. It uses a combination of moving averages and momentum indicators to detect when a trend is likely to persist. Traders can easily spot these signals on the MT4 platform, helping them avoid false breakouts and unnecessary trades. This makes it particularly useful for those who want to ride the trend rather than guess market reversals. How It Helps Traders Improve Their Strategy One of the biggest challenges in trading is determining whether a trend will…
Is the BOC about to reinforce its neutral to optimistic stance this June? Our Event Guide for the BOC Decision suggests that the central bank could repeat its wait-and-see bias this time while reiterating their readiness to act if necessary. If so, I’m keeping an eye out for a Loonie relief rally on CAD/CHF or NZD/CAD. 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
Trade tensions heated up after Trump doubled steel and aluminum tariffs to 50%, and China fired back, accusing the U.S. of breaking their agreement. Markets reacted in mixed fashion. Gold jumped 2.8%, oil rallied on supply concerns, and stocks finished higher even as the dollar slid to six-week lows. Here are headlines you may have missed in the last trading sessions! Headlines: Late Friday, President Trump doubled tariffs on steel and aluminum imports from 25% to 50% starting June 4 Over the weekend, Ukraine used drones to attack around 40 Russian war planes at 4 military bases Over the weekend,…
The BoC is expected to hold rates steady in June as officials tread carefully amid soft growth and sticky inflation. How might the Canadian dollar react to the event? We have the points you need to know if you’re trading the central bank decision! 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
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…
Bank of Japan (BoJ) Governor Kazuo Ueda said on Tuesday that the Japanese economy is modestly recovering despite some weakness.Key quotesJapanese economy modestly recovering despite some weakness seen.Corporate profits are improving, with business sentiment solid.As the slowdown in the overseas economy pressures corporate profits, the pace of economic growth is expected to slow down.Import prices pushing up inflation are expected to wane.Uncertainties over overseas trade policies and economic, price situations remain extremely high.Will continue to raise interest rates if the economy, and prices move in line with forecasts.Important to make judgment without any preset ideas.Have said in outlook report that…
Understanding the strength of a market trend is critical for successful trading. Weak trends can quickly reverse, while strong trends offer better chances for profits. However, detecting these trends isn’t always straightforward. Many traders rely on just one indicator, which might be misleading during volatile market conditions. This can cause frustration, reduce confidence, and result in poor trading decisions. Introducing the TrendStrengthTrio MT4 Indicator The TrendStrengthTrio MT4 Indicator offers a solution by combining three different methods to analyze trend strength at once. This trio works together to cut through market noise and provide clearer signals. It looks at momentum, volatility,…