Author: FX
Dollar gains versus yen, franc on Sino-US trade optimism; yuan firms Source link
This is where the Automatic Fibonacci Lines MrVB MT4 Indicator comes in. By automating the process of Fibonacci line placement, this tool ensures that traders have precise and timely levels to guide their trading decisions, allowing them to focus more on strategy and less on manual charting. Let’s explore how this indicator can transform the way traders approach technical analysis. Understanding the Automatic Fibonacci Lines MrVB MT4 Indicator The Automatic Fibonacci Lines MrVB MT4 Indicator is designed to simplify the process of Fibonacci retracement levels on MetaTrader 4 charts. With a few clicks, this tool automatically calculates and places Fibonacci…
EUR/GBP has formed lower highs and slightly lower lows to consolidate in a wedge pattern. Is the pair in for a breakout soon and which levels can it go for next? Take a look at these inflection points on the 4-hour time frame: EUR/GBP 4-hour Forex Chart by TradingView Just last week, the U.S. announced a trade deal with the U.K. that sparked a strong pound rally. After all, this puts the U.K. on much safer footing compared with other major economies being threatened by Trump with his additional tariffs. On the flip side, the EU appears to be facing…
Is GBP/NZD giving bullish traders another chance to catch the uptrend or is a reversal already in the works? We’re seeing a neat technical setup on the daily time frame, with price bouncing right at the sweet spot where multiple technical indicators converge. Check out the pair’s chart! GBP/NZD Daily Forex Chart by TradingView Bank of England’s “hawkish cut” surprise last week showed a 7-2 vote split when cutting rates to 4.25%. This tells us that most central bank members remain concerned about inflation persistence, which turned out GBP-positive compared to many other central banks. Meanwhile, the New Zealand dollar…
With the BOE dropping a bit of a hawkish surprise in their latest policy decision, the focus now turns to the U.K. labor market to see if the jobs numbers support a more optimistic economic outlook. Or will we see some downside surprises pointing to underlying weaknesses? Here’s what to look out for. 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 upcoming April CPI report will be closely watched as traders wonder if Trump’s tariffs are already pushing prices higher, especially after Fed Chair Powell emphasized they’re in ‘wait and see’ mode regarding inflation risks. Here are the points you need to know when trading this top-tier 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
The times listed below are in GMT/US Eastern time format: 0800/0400 Bank of England Deputy Governor Clare Lombardelli delivers speech at King’s Business School 1030/0630 Bank of England policymaker Megan Greene speaks on a panel at the BoE’s Bank Watchers’ conference 2025 at King’s College Business School 0850 /1250 Bank of England policymaker Catherine Mann speaks on a panel at the BoE’s Bank Watchers’ conference1600/1200 Bank of England policymaker Alan Taylor delivers speech at King’s Business School The Bank cut its benchmark rate last week:BOE cuts bank rate by 25 bps to 4.25%, as expectedBOE governor Bailey: Interest rates are…
It’s bound to be another busy week in the forex market with top-tier U.S. inflation figures, key jobs indicators from the U.K. and Australia, plus growth numbers from Europe. Here’s what to watch out for. Source link
EUR/USD faces pressure after ECB’s Rehn suggested that the central bank could consider cutting interest rates at its upcoming meeting.The risk-sensitive Euro found some support from renewed optimism around US-China trade talks held in Geneva.Investors now look to Washington’s response to the European Commission’s proposed countermeasures against US tariffs.EUR/USD is retreating from gains posted in the previous session, trading near 1.1240 during Monday’s Asian session. The Euro (EUR) faces pressure as European Central Bank (ECB) official Olli Rehn indicated last week that the ECB may consider cutting interest rates at its next meeting—provided upcoming forecasts confirm a continued disinflation trend…
This is where the Relative Strength Levy MT4 Indicator comes in. It helps traders make sense of market conditions by providing insights into the strength of a particular trend. In this article, we’ll explore how this indicator works and how it can be a game-changer for those looking to improve their trading strategy. Understanding the Relative Strength Levy MT4 Indicator The Relative Strength Levy MT4 Indicator is designed to analyze the momentum of price movements in the forex market. Unlike traditional indicators, it focuses on the relationship between price and time, helping traders identify when a trend is gaining or…