Author: FX
This week, our currency strategists focused on the BOC 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 a potential candidate 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…
FX markets brace for another pivotal week dominated by US inflation data and lingering trade uncertainties. Let’s dive into how these developments could influence the major currencies this week! Source link
USD/CNY has been sagging lately but there is no real drama here. Chinese and US officials are meeting on Monday in London. This article was written by Adam Button at www.forexlive.com. Source link
The XO MT4 Indicator is a versatile tool used in MetaTrader 4 (MT4), one of the most popular platforms for forex and stock trading. This indicator uses a unique algorithm to track price movements, offering traders clear buy and sell signals. By displaying these signals directly on the chart, the XO MT4 Indicator makes it easy for users to identify potential market opportunities at a glance. It is especially useful for traders looking to take advantage of short-term trends and fluctuations in the market. How Does the XO MT4 Indicator Work? The XO MT4 Indicator works by analyzing historical price…
The Japanese economy showed no growth over the quarter in the first quarter (Q1) of 2025, the final reading released by Japan’s Cabinet Office showed on Monday. This reading came in above the market expectation and the previous estimate of -0.2%.The Japan’s Gross Domestic Product (GDP) fell at an annual rate of 0.2% in Q1, compared to -0.7% in the previous reading.Market reaction to Japan’s GDP dataAt the press time, USD/JPY trades 0.13% lower on the day at 144.68. GDP FAQs A country’s Gross Domestic Product (GDP) measures the rate of growth of its economy over a given period of time, usually a quarter. The most reliable figures are…
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…
Top gainers & losers in tech sector this week: ON leads the chart, while IT trails Source link
Israeli military kills 4 near aid distribution site in south Gaza, medics say Source link
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…
Israel plans to bring budget deficit below 3% of GDP for 2026-28 Source link