Author: FX

Goldman Sachs raises odds of US recession to 45% Source link

DPO Histogram and Smoothing MT4 Indicator, which helps traders better understand market trends and make informed decisions. If you’re struggling to find a reliable indicator to guide your trading strategy, you’re not alone. Many traders face challenges when it comes to identifying the right trends and making precise entry and exit decisions. Fortunately, the DPO Histogram and Smoothing MT4 Indicator offers a solution, providing clarity and accuracy in the often chaotic world of market fluctuations. What is the DPO Histogram and Smoothing MT4 Indicator? The DPO Histogram and Smoothing MT4 Indicator is a technical tool used by forex and stock…

Here’s a classic break-and-retest scenario unfolding on the 4-hour time frame of GBP/CAD. The currency pair is closing in on this confluence of levels around the Fibs, which might be enough to keep losses in check. Will this area of interest attract buyers? GBP/CAD 4-hour Forex Chart by TradingView A bleaker trade outlook for Canada and a relatively resilient U.K. economy combined forces to enable GBP/CAD to bust through a strong resistance zone around the 1.8100 major psychological mark last month. However, rising crude oil prices and some tariffs exemptions for Canada allowed the Loonie to regain a bit of…

Gold has been in correction mode recently, but is the precious metal finally ready to resume its climb soon? Check out these nearby support zones that could attract bulls! Gold (XAU/USD) 4-hour Chart by TradingView Even with escalating global trade tensions after “Liberation Day” gold has shed a good chunk of its recent safe-haven gains. After hitting one record high after another, the precious metal has retreated to the long-term rising trend line that’s been holding so far this year. Is this merely a pullback from its steady climb or is the uptrend about to turn soon? Remember that directional…

This week our currency strategists focused on the RBA Monetary Policy Statement 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…

Markets were “tariffied” as Trump’s import tax announcement rocked global FX. Safe havens soared, commodity currencies sank. What’s next? Dive into this week’s FX playbook for clues. Source link

The Weighted Deviation MT4 Indicator is a powerful tool designed to help traders make more accurate market predictions. Many traders face the challenge of distinguishing meaningful price movements from market noise, leading to costly mistakes. Without a reliable indicator, it becomes difficult to stay ahead of trends or identify profitable opportunities. The Weighted Deviation MT4 Indicator addresses this issue by providing a more precise view of market behavior, allowing traders to focus on significant trends while filtering out less important data. So, how can this indicator improve your trading strategy? Let’s explore its benefits and functionality. Understanding the Weighted Deviation…

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…

AUD/USD falls to around 0.5985 in Monday’s early Asian session. China hit back against Donald Trump’s trade war. US NFP rose by 228,000 in March, but the Unemployment Rate increased to 4.2%.The AUD/USD pair tumbles to near 0.5985 for the first time since the COVID-19 pandemic during the early Asian session on Monday. The Australian Dollar (AUD) weakens as China slapped a 34% tax on all US imports in retaliation for US President Donald Trump’s tariffs, raising fear of a trade war between the United States and China. China announced last Friday that it will impose a 34% tax on all US imports,…

Israeli military changes initial account of Gaza aid worker killings Source link