Author: FX

With the U.S. NFP release lined up for Friday, traders are paying extra close attention to jobs-related indicators due throughout the week. Don’t forget that Fed policy expectations are on the line lately, thanks to hotter than expected inflation data printed last week. Here’s what to expect for the ISM manufacturing PMI 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

Will compile measures to push up Japan’s minimum wage by MayWe need to achieve wage gains that exceed pace of inflation, which is imminent task and key growth strategy for JapanWe will deploy all available means to broaden wage hikes across countryIshiba wants the wage gains to support the Bank of Japan policy tightening. At the margin, if wages do gain and the BoJ tightens its yen supportive. This article was written by Eamonn Sheridan at www.forexlive.com. Source link

Gold spiked to record highs and Treasuries rallied as safe haven demand surged after Trump hinted at additional tariffs on all countries, rattling global risk sentiment. Japan’s Nikkei plunged nearly 4%, while the dollar strengthened against commodity currencies and Bitcoin held steady near $82,500 despite the chaos. Read on to see the major market moves and movers you may have missed in the last trading sessions: Headlines: On Sunday, U.S. President Trump said this week’s tariffs will include “essentially all” countries, not just a smaller group of countries the markets had priced in On Sunday, U.S. President Trump threatened secondary…

The challenge is knowing how to quickly assess candlestick size and its implications on price movement. This can lead to missed opportunities or poor decisions. Enter the Candle Size MT4 Indicator – a tool designed to make this process easier. By the end of this article, you’ll understand how this indicator can help simplify your trading strategy and improve your decision-making. What is the Candle Size MT4 Indicator? The Candle Size MT4 Indicator is a valuable tool for traders who want to quickly analyze the size of candlesticks on their MetaTrader 4 (MT4) platform. Candlestick size can indicate the strength…

Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.2% MoM in February, compared to a rise of 0.3% in January, the official data published by the Australian Bureau of Statistics (ABS) showed on Tuesday.The reading came in below the market expectations of 0.3%.  Market reaction to Australia’s Retail Sales data At the time of writing, the AUD/USD pair is down 0.10% on the day at 0.6241. Australian Dollar FAQs One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (RBA). Because Australia is a resource-rich country another…

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 hits fresh all-time high amid speculation Trump’s April 2 tariffs could target all trade partners. Goldman ups US recession odds to 35% as sentiment deteriorates and Washington signals tolerance for slowdown. DXY and yields rise but fail to dent Gold’s rally as safe-haven flows dominate ahead of key US data. Gold prints another record high on Monday, surpassing the $3,100 threshold for the first time and extends its gains to an all-time high of $3,127 before retreating somewhat. Uncertainty surrounding US trade policies and the April 2 Liberation Day is lingering, with investors shifting risk-averse and flocking to the…

With risk aversion growing, our AUD/JPY short case study has performed well. Let’s review and analyze our trade adjustment or exit options. Source link

USDJPY technicalsThe USDJPY is trading back higher and in the process is retesting its 200 bar moving average on the 4- hour chart at 149.772. The price is finding some selling interest against that level. The price is also testing the underside of a broken channel trendline near the area. It would take a move back above the 200-bar moving average to increase the bullish bias from a technical perspective..Drilling to the hourly chart below, not only is the 200 bar moving average on the 4-hour chart in play but the 200-hour moving average as well at 149.84.That area between…

Bond prices spike, US equities plunge and Gold surges to new all-time high ahead of Trump’s tariffs.  US President Trump confirmed on Sunday at Airforce One that all countries will be hit.  The US Dollar Index trades stable around 104.10, with no safe-haven flows in the Greenback.  The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is still stuck and does not see any substantial moves while other asset classes in markets are facing mayhem. The DXY is completely left in the dark while Equities are selling off, Bond prices are spiking…