Author: FX
The Universal Trend MT4 Indicator simplifies complex market movements by showing visual trend direction using color-coded signals. Whether the market is going up, down, or staying flat, the indicator displays these conditions clearly on the chart. This helps traders avoid second-guessing their strategy and instead follow what the trend is doing. It’s especially helpful for those who trade on lower timeframes and need quick decisions. Works Across All Timeframes One major strength of this indicator is its flexibility. It works smoothly on all chart timeframes—from the 1-minute to the daily chart. That means scalpers, day traders, and swing traders can…
The Indian Rupee weakens against the US Dollar as traders pare Fed dovish bets.The delay in the US-India trade deal confirmation has kept the Indian Rupee on tenterhooks.US Retail Sales data for June beat estimates, rising by 0.6%.The Indian Rupee (INR) posts a fresh three-week low against the US Dollar (USD) on Friday. The USD/INR pair jumps to near 86.35, while the US Dollar holds onto gains near its immediate highs.At the time of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, clings to gains near an over three-week high around 99.00.The US…
Malaysia's economy grew 4.5% y/y in Q2, advance estimates show Source link
The Day Momentum MT4 Indicator is a technical tool built for MetaTrader 4 that measures the speed and strength of price movement over a trading day. It helps traders understand whether the market is gaining or losing momentum. The indicator uses a combination of historical price data and calculated momentum to provide a visual display of trend strength. For those trading intraday, this indicator gives an early signal of a trend’s continuation or potential reversal, making it especially useful during market open hours. Why It Matters in Day Trading In day trading, timing is everything. The Day Momentum MT4 Indicator…
The Wall Street Journal have a piece up on the data from Japan earleir. Data is here:The Journal is gated, but in brief:Japan’s core consumer inflation slowed to 3.3% year-over-year in June, down from 3.7% in May and in line with economist expectations.moderation was driven by a deceleration in energy prices, which rose 2.9%food prices (excluding fresh food) accelerated to 8.2%data offered some relief for the Bank of Japan, which remains cautious amid ongoing uncertainty around the global trade outlook. Despite elevated price levels, the BOJ is not expected to raise interest rates in the near term, particularly as policymakers…
FDA approves Juul's tobacco and menthol e-cigarettes Source link
After Wednesday’s Fed Chair firing fiasco left markets rattled and dollar bears prowling, today’s US delivered the plot twist everyone needed: reminders that U.S. economic data is rock-solid and why fundamentals usually win over headlines. From retail sales crushing expectations to jobless claims plummeting, the American consumer stepped up as the unlikely hero of the story. The result? A classic “good news is good news” rally that sent stocks soaring, oil surging, and the dollar flexing its muscles against every major currency in sight. Here are headlines you may have missed in the last trading sessions! Headlines: Japan Reuters Tankan…
The NASDAQ index is closing at its 10th record close this year. The S&P is also closing at a record. The record close represents its ninth for the year.A snapshot of the closing levels shows:Dow industrial average up 230.32 points or 0.52% at 44485.10. S&P index up 33.76 points or 0.54% at 6297.46.NASDAQ index up 153.78 points or 0.74% at 20884.27.Just announced, Netflix reported EPS of $7.19 higher than the $7.06 estimate. Revenues came in at $11.08 billion marginally higher than the $11.04 billion estimate.Guides higher to $44.80 to $45.2B up versus estimates of $44.43 billionNetflix shares are currently trading…
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…
Gold price falls as Fed Kugler reinforces hawkish stance.Retail Sales beat and Jobless Claims drop suggests that the economy remains resilient, supporting US yields.XAU/USD dips as psychological support firms at $3,300.Gold (XAU/USD) is experiencing a pullback on Thursday as traders digest US Retail Sales data and await further comments from Federal Reserve (Fed) officials. The yellow metal trades near $3,330 at the time of writing, down 0.6% in the day.With the timing of when the Federal Reserve will cut interest rates still uncertain, several members of the central bank are scheduled to speak throughout the day. Comments from Governor Adriana…