Author: FX
EUR/USD edged lower on Monday as potential trade tensions weighed down market sentiment.President Donald Trump announced plans to initiate a 100% tariff on foreign-produced films, raising concerns over escalating protectionist policies.Eurozone Harmonized Index of Consumer Prices remained steady at 2.2% YoY in April, slightly above the expected 2.1%.EUR/USD is kicking off the week on a weaker note, trading near 1.1320 during the Asian session on Monday. US President Donald Trump confirmed he would not seek to remove Federal Reserve (Fed) Chair Jerome Powell before his term ends in May 2026. While Trump criticized Powell, calling him “a total stiff,” he…
The ZigZag indicator is a popular tool in MetaTrader 4 (MT4), used to highlight trend direction and key price points. This version, based on close prices, is a slight tweak from the standard version. Instead of using highs and lows, it relies on the closing price of each candle to plot its lines. This makes it more stable and less reactive to random spikes in the market. For many traders, using close prices offers a clearer and more consistent view of price action. Why Close Prices Matter In technical analysis, the closing price is often considered the most important price…
Oil drops more than $2/bbl as OPEC+ accelerates output hikes 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…
Trump's tariffs threaten to dim July 4 with soaring firework costs Source link
Trump says would extend TikTok deadline if no deal reached by June 19 Source link
Another pivotal week for markets is on deck, with a diverse slate of companies reporting earnings across tech, energy, healthcare, consumer, and industrial sectors. Key names include Advanced Micro Devices (NASDAQ:AMD), Palantir Technologies (NASDAQ:PLTR), The Walt Disney Source link
Exclusive-OPEC+ to further speed up oil output hikes, four sources say Source link
The VR Calculate Martingale Lite is a custom indicator designed for MetaTrader 4. It helps traders apply the Martingale strategy—a method where traders double their trade size after a loss, aiming to recover previous losses with a single win. This indicator calculates trade sizes automatically and gives clear guidance on the next steps. Instead of doing all the math manually or making emotional guesses, the tool keeps things simple and organized. It’s great for those who want to understand risk and potential reward before placing a trade. Why Traders Use It Many beginners and even experienced traders use Martingale strategies…
Four-year-old girl among two dead in Manila airport car crash, says Red Cross Source link