Author: FX
This week our currency strategists focused on Australia’s CPI Report (May 2025) 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 are published throughout the week, you can subscribe to…
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…
The NB SHI Channel MT4 Indicator is a technical tool used in MetaTrader 4 to help traders identify trend channels automatically. These channels are created based on recent highs and lows in the market, showing the upper and lower boundaries of price action. Instead of drawing lines manually, the indicator handles everything and updates in real-time as the price moves. This saves time and removes the guesswork from trend analysis, making it ideal for both beginner and experienced traders. How It Works on the Chart Once attached to a chart, the NB SHI Channel draws a…
US Senate pushes ahead on Trump tax cuts as nonpartisan analysis raises price tag Source link
Bloomberg is gated, but in breif:NSW Treasury Corporation’s (TCorp) chief economist Brian Redican has called on the Reserve Bank of Australia to scrap its focus on hitting the 2.5% midpoint of its inflation target rangethe benchmark imposes unrealistic expectations on monetary policycreates unnecessary confusion in financial markets:inflation outcomes are more likely to be shaped by global forces such as oil prices or U.S. trade policy than by small tweaks to interest ratesRBA has muddied communication due to its reliance on economic models to justify its decisions dismissed the relevance of the neutral rate His comments come ahead of a new…
Ukraine on track to withdraw from Ottawa anti-personnel mines treaty, Zelenskiy decree shows Source link
US Senate version of Trump tax-cut bill would add $3.3 trillion to debt, CBO says Source link
Israel orders evacuations in northern Gaza as Trump calls for war to end Source link
The DJ Lines MT4 Indicator is a trend-following tool designed to help traders clearly see the direction of the market. It works by drawing smooth, dynamic lines on your chart, acting like a guide to tell you whether to buy, sell, or wait. These lines change color based on trend strength and direction, giving quick visual feedback. The indicator is user-friendly, even for beginners, and it removes the clutter that many other tools bring to the screen. How It Helps Identify Market Trends This indicator is especially useful for those who want to trade with the trend. When the DJ…
At least six wounded in large-scale Russian air attack on Ukraine, Ukrainian authorities say Source link