Author: FX

The Ma Parabolic ST2 is a custom trend-following indicator for MetaTrader 4. It combines two powerful tools: the moving average (MA) and the Parabolic SAR. The goal is to create a smoother, more responsive signal that helps traders catch trends early while filtering out false signals. This hybrid setup makes it especially useful during trending markets, where timing is everything. How It Works on the Chart When you apply this indicator to your chart, it places dots or lines that change color depending on the market direction. If the price is in an uptrend, the indicator shows it clearly; when…

UK inflation jumps to higher-than-expected 3.5% in April, ONS says Source link

Markets await Thursday’s Euro Area flash PMIs for clues on whether the recent US-China trade truce has boosted European business sentiment. Has manufacturing broken out of contraction territory, or did geopolitical tensions weigh on the region’s economic outlook? We have the points you need to know if you’re trading this week’s PMI releases! 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 BW-Zone MT4 Indicator is based on Bill Williams’ trading system. It highlights buy and sell zones directly on the chart, using color-coded bars to show momentum and direction. Green bars signal a bullish zone, while red bars point to a bearish one. These visual cues make it easier for traders to decide whether to enter, hold, or exit a trade. It’s a simple tool, but powerful for identifying strong price movements early. How Does It Work in Real Trading When applied to a chart, the BW-Zone indicator compares values from the Awesome Oscillator and the Accelerator Oscillator. If both…

The major assets were all over the charts on Tuesday, driven by renewed concerns over U.S. fiscal sustainability and rising geopolitical tensions in the Middle East. Traders juggled mixed signals from central banks, inflation data, and the lingering impact of Friday’s U.S. credit downgrade, triggering big moves in bonds, stocks, currencies, and commodities. Here are headlines you may have missed in the last trading sessions! Headlines: China loan prime rate 5Y for May: 3.5% (3.5% forecast; 3.6% previous); 1Y rate slashed to 3.0% (3.0% forecast; 3.1% previous) AUD Slumps After RBA’s Dovish Rate Cut, Slightly Recovers on Bullock Comments Germany producer…

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…

NZD/USD drifts higher to around 0.5935 in Wednesday’s early Asian session, adding 0.18% on the day.New Zealand’s Trade Surplus climbs to NZ$1,426 million in April vs. NZ$794 million prior.The concerns over the US economy could drag the US Dollar lower broadly. The NZD/USD pair attracts some buyers to around 0.5935 during the early Asian session on Wednesday, bolstered by a weaker US Dollar (USD). The Federal Reserve’s (Fed) Thomas I. Barkin is scheduled to speak later on Wednesday.Data released by  Statistics New Zealand on Wednesday showed that the country’s trade surplus soared to NZ$1,426 million in April versus NZ$794 million prior,…

The Reserve Bank of Australia lowered its cash rate by 25 basis points to 3.85% at Tuesday’s policy meeting, marking its second rate cut this year after February’s initial easing. But while the rate reduction itself was widely anticipated (markets priced in a 96% probability ahead of the decision), the accompanying statement and economic projections struck a notably more dovish tone than expected, triggering a sharp selloff in the Australian dollar. Key Takeaways: RBA cut its cash rate by 25 bps to 3.85% as expected GDP growth forecast was lowered to 2.1% for 2025 (from 2.4%) with unemployment expected to…

This Kiwi pair has been stuck in a range for quite some time, and it looks like a breakout could be on the horizon. With NZD scoring 6.1/10 versus CHF’s  6.8/10 in this week’s FX Fundies Cheat Sheet, NZD/CHF could be poised to test its range support and perhaps attempt a break lower. Here are the technical levels I’m watching. NZD/CHF 4-hour Forex Chart by TradingView This currency pair has been pacing back and forth between support around the .4900 major psychological level near S1 (.4880) and resistance close to the .5000 handle and R1 (.4990) since mid-April. Price is…

Canada reported a dip in its headline annual CPI from 2.3% to 1.7% in April, but other measures of inflation beat market estimates. Components revealed that the removal of the federal carbon price pushed energy costs sharply lower, leaving core inflation metrics to reach 13-month highs, potentially complicating the Bank of Canada’s path to further rate cuts. Link to Canada’s April CPI Report Here are key points from April’s CPI report: Annual inflation dropped to 1.7% in April from 2.3% in March (analyst forecast: 1.6%) Energy prices fell 12.7% year-over-year, with gasoline prices tumbling 18.1% Food prices accelerated to 3.8%…