Author: FX
The Squeeze Momentum Indicator is a key tool for traders using the MT4 (MetaTrader 4) platform, designed to identify periods of low volatility followed by potential breakout opportunities. It focuses on detecting when the market is “squeezing” and preparing to make a move. This can be especially useful for traders looking to pinpoint profitable moments in the market, as it provides clear signals for when to enter or exit a trade. Understanding the Squeeze Momentum Indicator on MT4 The Squeeze Momentum Indicator works by analyzing volatility and price momentum through the use of Bollinger Bands and Keltner Channels. These two…
The RBNZ is widely expected to cut its interest rates this week! Our Event Guide for RBNZ’s April Monetary Policy Statement explores the possibility of the RBNZ sticking to its February plan of reducing rates by 50bps by May and then taking a more measured approach after that. Here’s why NZD/USD and AUD/NZD present the best opportunities if the RBNZ stays cautious on cutting interest rates further: 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…
Will the RBNZ signal scope for more interest rate cuts in this week’s policy statement? Our Event Guide for the RBNZ Decision discussed the possibility of the central bank keeping the door open for further easing past May to account for worsening global trade tensions. Here’s what I’m looking at on GBP/NZD and NZD/JPY in a more dovish RBNZ announcement. 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
China censures Trump tariff 'blackmail' as market turmoil eases Source link
Is that a reversal pattern I’m seeing on the 4-hour chart of CAD/JPY? The pair made a couple of failed attempts to close below the 101.60 area, creating a double bottom formation. Better keep this neckline resistance on your radar if you’re thinking of catching a new trend! CAD/JPY 4-hour Forex Chart by TradingView This yen pair is halfway through on its move back towards the double bottom neckline around the 106.00 major psychological level, and a break above the resistance could set off a rally of the same height as the formation. Will it bounce off the ceiling though?…
The RBNZ is expected to reduce its interest rates for a fourth consecutive time in April. Will the central bank signal further rate cuts beyond May? Here’s what traders are expecting from the event: 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
The Exponential Range Average & Deviation Offset MT4 Indicator helps solve this problem by offering a clearer view of market volatility. By using this tool, traders can gain better insights into price action, reduce the effects of noise, and make more informed decisions. Let’s dive deeper into how this indicator can enhance your trading strategy. Understanding the Exponential Range Average & Deviation Offset MT4 Indicator The Exponential Range Average & Deviation Offset MT4 Indicator is designed to give traders a clearer understanding of price movement by calculating the average price range and adjusting for market volatility. It helps traders identify…
Nikkei update, bouncing after its huge drop: This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Volatility was the name of the game, as markets reeling from global trade uncertainty got their hopes up for a 90-day pause in U.S. tariffs, which turned out to be fake news. Here are the headlines you need to know: Headlines: Japan Average Cash Earnings growth rate for February 2025: 3.1% y/y (2.9% y/y forecast; 2.8% y/y previous) Australia ANZ-Indeed Job Ads growth rate for March 2025: 0.4% m/m (0.9% m/m forecast; -1.4% m/m previous) Japan Leading Economic Index for February 2025: 107.9 (107.9 forecast; 108.3 previous) Germany Industrial Production growth rate for February 2025: -1.3% m/m (-1.2% m/m forecast;…
USD/CAD edges lower to around 1.4240 in Monday’s late American session.Goods from Canada that comply with the USMCA trade agreement will remain exempt from Trump’s tariff. Investors are stepping up bets that the Fed will cut interest rates aggressively this year. The USD/CAD pair weakens to near 1.4240, snapping the two-day winning streak during the late American session on Monday. The Canadian Dollar (CAD) edged higher against the Greenback as Canada last week avoided new levies on its goods in a widening global trade war triggered by US President Donald Trump.Last week, Trump announced sweeping new tariffs for dozens of countries, imposing a 10%…