Author: FX

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…

Apple and Amazon to report, with AI rollout and China exposure key watchpointsApple is poised to release its Q2 results today, with analysts expecting modest year-on-year growth. Revenue is forecast to reach $94.2 billion – up 3.8% – while net income is projected to rise 2.5% to $24.2 billion. The services division – comprising the App Store, iCloud, and advertising – is expected to post a 12% gain and continue offsetting sluggish iPhone sales, which have been weighed down by lengthened upgrade cycles and trade-related headwinds. Gross margin is set to improve to 47.1% – reflecting strong cost control and…

The Tether Line MT4 Indicator is a custom technical tool that works on the MetaTrader 4 (MT4) platform. It’s based on the Ichimoku Kinko Hyo system, specifically the Kijun-sen (also called the “Base Line” or “Tether Line”). The indicator calculates an average of the highest high and lowest low over a set period, usually 26 periods by default. The result is a smooth line that acts as a strong reference point for market direction. Traders use it to spot trends, support and resistance levels, and potential reversal points. Why Do Traders Use It The strength of the Tether Line lies…

EUR/USD has eased off its fresh 2025 highs and is now testing an important technical area. Will the bulls make a move at the level? Let’s take a closer look at EUR/USD’s daily chart: EUR/USD Daily Forex Chart by TradingView Easing global trade tensions, upbeat corporate earnings, and some positive surprises in mid-tier Euro Area data have helped lift EUR/USD to fresh 2025 highs near 1.1570. But rising expectations for Fed rate cuts are pushing U.S. assets higher, which could give the dollar some short-term support. Could this week’s events pull EUR/USD lower toward a key technical zone? Remember that…

The MA HISTOGRAM MT4 Indicator is a custom tool designed to show moving average trends in a visual and easy-to-read format. Instead of watching lines move across a chart, traders see color-coded histogram bars showing whether the market is trending up, down, or flat. It’s like getting a quick snapshot of the market’s mood, all in one glance. This makes it much easier for traders to spot potential buy or sell signals without getting lost in chart clutter. Why Do Traders Use It Traders love it because it simplifies decision-making. It doesn’t matter if they’re beginners or more experienced; the…

Markets just brushed off a surprise Q1 GDP contraction with a solid rebound, and now all eyes are on the April jobs report. Will the labor market show cracks or hold steady in the face of tariffs and recession chatter? Here are points you should know if you’re trading Friday’s U.S. NFP report! 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

Market participants had plenty to deal with on Tuesday, as U.S. equity indices took cues from big tech earnings data, crude oil caved to another round of bearish updates, and top-tier U.S. inflation and growth data were printed. Here are the updates you need to know: Headlines: New Zealand ANZ Business Confidence for April 2025: 49.3 (50.0 forecast; 57.5 previous) Australia CPI growth rate for March 2025: 2.4% y/y (2.3% y/y forecast; 2.4% y/y previous); 0.9% q/q (0.7% q/q forecast; 0.2% q/q previous) Australia Private Sector Credit for March 2025: 0.5% m/m (0.6% m/m forecast; 0.5% m/m previous); 6.5% y/y (6.4%…

The news broke earlier that Tesla is replacing Elon Musk as CEO:Tesla board begins quiet search for possible Musk successor – more on thisThe data release from France earlier gives an indication to the urgency of this. While new car registrations in France fell 5.64% in April from a year earlier the figure for Tesla was an order of magnitude worse:Tesla sales fell 59.45%Year to date figures paint a similar picture:French market shrunk by 7.28%Tesla’s sales have declined by 43.98%The picture of Musk’s Nazi salute flashed to screens globally and have done damage to Tesla’s brand, along with other Musk…

Australia’s trade surplus rose to 6,900M MoM in March versus 3,130M expected and 2,852M (revised from 2,968M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.Further details reveal that Australia’s Exports climbed by 7.6% MoM in March from -4.2% (revised from -3.6%) seen a month earlier. Meanwhile, Imports fell by 2.2% MoM in March, compared to a rise of 1.8% (revised from 1.6%) seen in February.Market reaction to Australia’s Trade BalanceAt the press time, the AUD/USD pair is up 0.13% on the day to trade at 0.6410. Australian Dollar FAQs One of the most significant factors for the Australian Dollar (AUD)…

The Waverider Zigzag MT4 Indicator was created to help solve this problem by offering a more reliable and visually straightforward method for identifying key price reversals. By using this tool, traders can gain more confidence in their decisions, minimize risks, and increase their chances of success in the dynamic world of forex trading. Understanding the Waverider Zigzag MT4 Indicator The Waverider Zigzag MT4 Indicator is a powerful tool available for traders using MetaTrader 4 (MT4), one of the most popular platforms for forex trading. This indicator is designed to highlight price reversals by plotting a series of zigzag lines on…