Author: FX
Expectations for a breakthrough in U.S.-China trade relations remain subdued despite Trump’s announcement of a potential deal. According to Mark Williams, Chief Asia Economist at Capital Economics, the agreement focuses narrowly on non-tariff issues—such as rare earth export controls—while leaving core trade tensions unaddressed.Crucially, existing tariffs remain untouched. Although the resumption of dialogue may signal room for future progress, Williams cautions that the bilateral relationship is “in far worse shape than a few months ago,” limiting near-term optimism. Later this year, ForexLive.com is evolving into investingLive.com, a new destination for intelligent market updates and smarter decision-making for investors and traders…
GBP/USD climbs as US CPI miss fuels Fed rate cut bets GBP/USD advances on Wednesday during the North American session, boosted by a weaker-than-expected consumer inflation report in the United States (US), which increased speculation that the Federal Reserve (Fed) may reduce borrowing costs twice in 2025. At the time of writing, the pair trades at 1.3537, up 0.34%. Read More… GBP/USD holds above 1.3500 as USD loses strength after CPI Following Tuesday’s sharp decline, GBP/USD stages a rebound and trades above 1.3500 in the American session on Wednesday. At the time of press, the pair was up 0.23% on…
Speaking on CNBC: China is going to approve all applications for magnets for US companiesTrump-Xi has to approve final wordingI am really excited about how this is going to work for AmericaChina is always trying to remove export controls This article was written by Greg Michalowski at www.forexlive.com. Source link
AUD/USD adds to the weekly advance, surpassing the 0.6500 mark.The US Dollar remains under pressure from economic data, US-China trade deal.The US CPI fell below consensus, rising by 2.4% YoY in May.The upward trend in the Aussie Dollar (AUD) continues unabated this week, with AUD/USD advancing for the third consecutive day and reaching new yearly peaks near the 0.6550 level.AUD/USD propped up by USD selling, trade optimismThe pair keeps its weekly recovery well in place on Wednesday in response to further pessimism hurting the Greenback, while auspicious news on the trade front also alleviated concerns over a protracted trade war.Indeed,…
If you were to ask a group of profitable forex traders what the biggest factor in their success is, chances are that you’ll hear the word “consistency” more than once. Unfortunately, achieving consistency is easier said than done. But by creating a process and setting trading rules for yourself, you can achieve consistency in your execution, which is the first step to becoming a consistently profitable trader. Contrary to what rebels may have you believe, rules are not always meant to be broken. Instead, they are there to help turn positive trading behavior, or what works for you, into acquired…
Proprietary trading, or prop trading, is one of the financial service industry’s latest and most popular product offerings. The reason why it is so sought-after is because it offers talented and capable traders fully funded accounts. Although it might sound too good to be true, it is actually based on mutual benefit; when your trades are successful, you will receive the majority of the profits (since you did the work, analysis, and trades), and the broker will receive the remainder. Of course, the trader has to prove their ability through trading challenges, which set various thresholds that must be met.…
The Regression_Channel MT4 Indicator is designed to help traders identify potential market trends and price reversals. It works by using linear regression, which is a statistical tool that measures the relationship between two variables. In this case, it helps determine the relationship between time and price in the market. By drawing channels based on the regression line, the indicator allows traders to spot potential support and resistance levels. The channel created by this indicator represents the range within which prices are expected to move. It gives traders a clear view of price fluctuations, allowing them to assess the likelihood of…
This yen pair has been stuck in a holding pattern for quite some time, but it looks like it’s finally ready to break out. Which direction will it go? Take a look at these nearby inflection points and potential targets on the 4-hour time frame: CHF/JPY 4-hour Forex Chart by TradingView CHF/JPY has been forming higher lows since April but has also been struggling to push past the resistance around the 176.00 handle, creating an ascending triangle formation. Price is now testing this pattern’s resistance, possibly gearing up for a break higher and a rally that’s the same height as…
Gold looks set to extend a weeks-long uptrend despite cooling global trade tensions. We’re checking out XAU/USD’s 4-hour time frame for potential areas of interest! XAU/USD 4-hour Chart by TradingView U.S.-China trade talks might be making progress, but gold ain’t flinching. XAU/USD is still catching bids as safe haven peeps stay strapped in, thanks to falling U.S. yields and some nerves ahead of this week’s CPI and next week’s FOMC. With the dollar losing steam, gold’s got room to flex. Remember that directional biases and volatility conditions in market price are typically driven by fundamentals. If you haven’t yet done…
The RoundPrice-Ext MT4 Indicator is a powerful tool designed for MetaTrader 4 (MT4), a popular platform among forex traders. Its primary function is to identify and highlight rounded price levels that often serve as key support and resistance zones. These levels are significant because they tend to attract a lot of market attention, often resulting in price reactions such as reversals or consolidations. This indicator automatically scans the market for rounded numbers (e.g., 1.3000, 1.3500, 1.4000) and marks them on the price chart, allowing traders to visualize where the market is likely to encounter resistance or support. By focusing on…