Author: FX

In trading, actively managing open positions is just as important as coming up with your plan. Here are three tips to help you manage your active trades. 1. Stay in touch with the market. Whether you’re a hardcore technical or fundamentals trader, or maybe a little bit of each, you can’t deny that economic reports influence price action. This is why it pays to keep tabs on the events that pose risks to your trades. Some say that the market’s reaction to the news is more important than the news itself. But how can you make the most out of a reaction if you…

Euro (EUR) fell for a 3rd consecutive session. EUR was last seen trading at 1.0834 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.  Risks skewed to the downside in the interim “The German/European spending plans and hopes of a Ukraine peace deal are positive catalysts for EUR but given the sharp runup in EUR, and ahead of reciprocal tariff risks on 2 Apr, we continue to caution for risk of near-term pullback. To add, TRY sell-off may also have spillover effects on EUR, given some exposure of European banks to Turkish borrowers (about EUR100bn).”  “On tariffs, it remains…

Do you struggle to predict market reversals in forex trading? Many traders do, missing out on chances and making big mistakes. The forex market’s ups and downs can be too much, even for seasoned traders. That’s where the Reversal Navi and Prior Day Open Close Line strategy comes in. It uses technical analysis tools to spot market reversals. This gives traders a better chance to make smart choices. Key Takeaways Reversal Navi strategy helps identify market reversals Combines multiple technical analysis tools Enhances decision-making in forex trading Utilizes prior day open and close lines Improves trader confidence in volatile markets…

The talks will involve delegations from both countries and will be taking place in Riyadh again. Do be aware that the US camp had met with their Ukrainian counterparts separately late last night.The supposed ceasefire has been nothing but that with both Russia and Ukraine still sending drones to attack each other all through the week. Kyiv suffered one of its heaviest attacks over the weekend, with three people killed during Russia’s drone strike. This article was written by Justin Low at www.forexlive.com. Source link

The Indian Rupee gains ground in Monday’s early European session.  Fresh foreign and USD inflows support the INR.  HSBC India Manufacturing PMI rose to 57.6 in March vs. 56.3 prior; Services PMI eased during the same reported period. The preliminary reading of the US S&P Global PMI report will be the highlight later on Monday. The Indian Rupee (INR) trades stronger on Monday after closing its strongest in over two months. Positive domestic equities and fresh foreign fund inflows could provide some support to the Indian currency. Additionally, the US Dollar (USD) inflows help mitigate the impact of the decline…

Are you finding it hard to find good entry and exit points in the forex market? Many traders struggle with this. A strategy that uses currency pairs correlation and high-low zigzag analysis can help. This method helps find market reversals and can increase profits. It works by looking at how different currency pairs move together. Then, it uses the zigzag indicator to guide trading decisions. Key Takeaways Combines currency correlation and zigzag analysis for effective trading Helps identify market reversals and entry/exit points Utilizes zigzag indicator with 5% deviation and 10-candle depth Best applied on 1-hour timeframes or higher Supports…

Is USD/CHF getting exhausted from its slide? I’m seeing a potential reversal chart pattern being completed on the 4-hour chart of this pair. Better keep your eyes on these nearby inflection points to see if the trend is still our friend: USD/CHF 4-hour Forex Chart by TradingView This dollar pair has been cruising lower for more than a month already, dragged lower by a combination of U.S. growth concerns and safe-haven flows to the Swiss franc. However, the SNB just announced a 0.25% rate cut in an effort to discourage more CHF inflows while the Fed recently upgraded its inflation…

Welcome to this week’s FX analysis, where we navigate a complex market landscape shaped by central bank divergence, geopolitical tensions, and shifting economic outlooks. Last week delivered significant volatility with the SNB cutting rates, the BOE holding firm, and the Fed slowing its balance sheet reduction while maintaining rate projections. The coming week brings critical inflation readings, flash PMIs, and the UK budget statement – all potential market movers. With gold surging past $3,000, Treasury yields declining, and currencies increasingly responding to risk sentiment shifts, proper positioning will be essential for navigating the evolving dynamics ahead. Let’s…

Are you having trouble finding good trading signals in the forex market? The 3 EMA Crossover and Real Cloud Forex trading strategy can help. It uses technical indicators to find high-probability setups easily. By using Exponential Moving Averages (EMAs) and the Real Cloud indicator, you can make better trading choices. This strategy is changing the game in the forex world. It’s making a big impact on traders. Key Takeaways Combines 3 EMAs (3, 13, 144) with Real Cloud Indicator Applicable to all currency pairs on 15-minute timeframes or higher Provides clear entry and exit signals for both long and short…

The White House announced, just before Globex opened, that Trump’s April 2 tariffs would be narrowed down.Here’s the info that I posted on this, well before the Globes open and the move began in FX:I followed up:The Wall Street Journal was the original source. Its gated, but if you can access it, here’s the link to the Journal pieceI am not seeing much discussion of this market-moving news crossing the mainstream financial news wires, nor many social media finance sites. Some have it, sure, but its moving markets here today and I’d expect it to be more widely spread. Well,…