Author: FX
Urges market commentators not to speculator on Taiwan dollar situationUrges companies not to listen to untrue analysis, sell US dollar positionsFrom earlier: Surging TWD fuelling revaluation talk | MUFG on the Taiwan dollar move a “19-standard-deviation event” This article was written by Justin Low at www.forexlive.com. Source link
The US Dollar Index steadies amid mounting speculation over the US-China trade outlook.Trump confirmed that trade negotiations with China are ongoing, but no direct talks are scheduled for this week.Trump confirmed he will not attempt to replace Fed Chair Jerome Powell before his term ends in May 2026.The US Dollar Index (DXY), which measures the US Dollar (USD) against a basket of six major currencies, is attempting to recover after opening with a gap down. The DXY is trading near 99.80 at the time of writing. The Greenback remains under pressure amid growing speculation surrounding the US-China trade outlook. Later…
The IRSI Advanced Histo is a modified version of the traditional RSI (Relative Strength Index), but with a visual twist. Instead of showing just a single line on a separate chart, it presents the RSI data as colored histograms directly in the indicator window. This makes it easier to spot overbought or oversold conditions at a glance. For beginners or busy traders, this kind of clear, color-coded display can save time and reduce confusion. How It Helps Traders Traders often face hesitation should they enter now, wait, or exit? The IRSI Advanced Histo reduces this guesswork by offering instant visual…
Dollar slips as Taiwan dollar surge sparks revaluation talk Source link
The IBands Advanced Histo is a custom indicator built for MetaTrader 4 (MT4), one of the most widely used platforms in forex trading. It uses Bollinger Bands logic in a unique histogram style. Instead of showing bands directly on the chart, this version breaks down price action into color-coded bars, making it easier to see market trends and volatility at a glance. This setup saves screen space and simplifies analysis, which is perfect for traders who like clean charts without extra clutter. How It Helps in Real Trading This indicator shines in trending markets. It shows when price action is…
Both spread betting and CFD trading are forms of derivatives. This means traders speculate on the price movements of underlying assets, but do not own these assets themselves. Despite this similarity, the two types of trading differ in their structure, taxation, and regional availability. What is Spread Betting? Spread betting is betting on which way the spread or price of a financial asset will move. Instead of buying shares or commodities, traders speculate on whether the price will rise or fall based on the spread quoted by a broker. When placing a spread bet, the trader decides on a stake…
This week our currency strategists focused on Australia’s CPI Report for Q1 2025 and its potential impact on the Australian dollar 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 potential candidates 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…
GBP/JPY is having trouble extending its April gains near a key resistance area. Will this lead to Guppy going back to its longer-term trend? Check out the pair’s daily chart and see for yourself! GBP/JPY Daily Forex Chart by TradingView The British pound held up pretty well through most of April, thanks to the U.K. being relatively insulated from the sharp U.S. tariffs hitting other major economies. But now that trade war fears are calming down and U.K. data has been coming in soft, demand for Sterling is starting to lose steam. The Japanese yen, on the other hand, remains…
This week our currency strategists focused on the Bank of Japan (BOJ) 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,…
Following his election win Australian PM Albanese says he spoke to Trumpdiscussed tariffsdiscussed AUKUS (AUKUS is a defence agreement re submarines)Says Trump expressed a desire to work togetherAlbanese This article was written by Eamonn Sheridan at www.forexlive.com. Source link