Author: FX

One of the main events on this week’s economic calendar is the March FOMC decision, as traders are keen to find out the score between hawks and doves. Is the Fed about to shift back to a more cautious tone this time? Here’s what you need to know when trading this top-tier catalyst. 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

Is the trend still our friend on GBP/AUD? I’m seeing a major correction taking place on a channel visible on the daily time frame. Take a look at these nearby Fibonacci retracement levels. GBP/AUD Daily Forex Chart by TradingView This sterling pair has been cruising north with its higher lows and higher highs connected by an ascending trend channel that’s been holding since August last year. Price just tested the channel resistance and is retreating, possibly gearing up for a correction to the Fibs marked on the chart above. Will any of these hold as support? Remember that directional biases…

Is the BOJ really gearing up for yet another interest rate hike? Or are they more likely to take things slow and pause for now? Here’s what you need to know when trading this major economic event. 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

Major assets kicked off the week on solid footing, likely driven by a mix of bargain hunting, easing global growth concerns, and positioning ahead of this week’s potential market movers. Here are the major drivers and moves you may have missed in the previous trading sessions: Headlines: Over the weekend, China’s State Council printed a “special action plan” to help boost domestic consumption Over the weekend, the U.S. launched airstrikes against Iran-backed Houthis in Yemen, vowing to continue until attacks on Red Sea shipping stop Over the weekend, U.S. Treasury Secretary Scott Bessent said there are “no guarantees” there won’t…

There are unconfirmed reports that an Iranian ship gathering intelligence was sunk by US forces as Gaza attacks took place.Earlier:Israel-Hamas ceasefire has collapsed***As I said earlier, oil traders will be paying attention to the escalation in the Middle East. This article was written by Eamonn Sheridan at www.forexlive.com. Source link

Traders often look for the best entry points. But they often forget about calculating position risk. This mistake can cause huge losses and even close their accounts. The key to success? Understanding position sizing helps protect your trading capital and leads to long-term success. Did you know an aggressive trader risking 25% per trade can lose everything after just 2 losses? But a careful trader risking 1% per trade can make 4% after 8 trades with a 50% win rate. These examples show how vital it is to know how to calculate forex position risk. Key Takeaways Position sizing is…

Australia's central bank still more cautious than market on prospect of more rate cuts 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…

Mexican Peso extends gains, while US data takes a backseat; Trump tariffs pose new risks. US Retail Sales beat expectations, but manufacturing activity in New York collapses, keeping the US Dollar under pressure. OECD warns Trump’s tariffs could trigger a Mexican recession as economic growth forecasts remain well below government targets. The Mexican Peso extended its gains against the US Dollar for the fourth consecutive trading day as Mexican financial markets remained closed due to a national holiday. Data from the United States (US) was overshadowed by an “unexpected” optimism in the financial market as most US equity indices recovered.…

February saw a sharp selloff in tech stocks, catalyzed by chipmaker Nvidia, whose stock was battered after DeepSeek – the Chinese startup – released their new AI chatbot. When AI enthusiasm then waned, the tech sector suffered overall, and this was exacerbated by the economic uncertainty implied by President Trump’s plans to impose import tariffs on America’s trading partners. Some tech firms, however, have had a better time than others. For readers interested in online share trading, whether on the iFOREX platform or any other one, we offer our overview of five of the biggest movers and shakers in the…