Author: FX

As the NA session begins, the USD is mixed. The US stocks are higher and US yields are higher. Sentiment improved after Senate Democratic Leader Chuck Schumer backed the Republican stopgap funding bill to prevent a government shutdown, despite party reservations. That is a positive. The trade/tariff situation remains the problem for the economy/markets. Yesterday, Pres. Trump escalated trade tensions by threatening a 200% tariff on European alcoholic beverages in response to the EU imposed a 50% tariff on American whiskey in response to U.S. steel and aluminum tariffs. Investors worry that the dispute could fuel inflation and increase recession…

Gold jumps on US President Donald Trump’s harsh talks on tariffs.  Recession fears and growth concerns remain high amongst traders, while tariff war rages on.  Traders are heading further into safe-haven assets as reciprocal tariffs approach.  Gold’s price (XAU/USD) has hit a new all-time high at 3,004 earlier, before falling back below $3,000, still registering a weekly gain of over 2.5% for now at the time of writing on Friday. The additional inflow and demand for Bullion came after United States (US) President Donald Trump fired back at European counter-tariffs, saying he would slap 200% tariffs on wine and champagne from the…

Are you having trouble finding a good Forex trading strategy? The currency markets can be very unpredictable. That’s why the Turtle Trading Channel and PZ Pivot Points strategy is so helpful. This strategy uses the Turtle Trading system to find trends and good trades. It mixes historical price data with pivot points. This helps traders make better choices in the Forex world. Key Takeaways Turtle Trading’s strategy achieved 80% annual returns in its first five years. PZ Pivot Points offer 60-70% accuracy in identifying market reversals. A combined strategy can enhance performance by 10-15%. Risk-to-reward ratio averages 1:2 for the…

Bitcoin Stuck in a 5-Day Range – Will a Breakout Happen?Bitcoin futures have been range-bound for the past five days, currently trading at 82,140. The market has been consolidating between 79,250 and 84,250, making it difficult to determine the next major move. Yesterday’s VWAP closed at 81,935, and price is hovering just above it, without a clear directional bias.With Bitcoin stuck in this range, traders are closely watching for a potential breakout. The broader market, including S&P 500 futures, has also been consolidating, which may be contributing to Bitcoin’s lack of movementBitcoin Analysis TodayKey Technical Levels for Bitcoin TodayResistance to…

Gold prices remained broadly unchanged in India on Friday, according to data compiled by FXStreet. The price for Gold stood at 8,361.12 Indian Rupees (INR) per gram, broadly stable compared with the INR 8,358.71 it cost on Thursday. The price for Gold was broadly steady at INR 97,522.43 per tola from INR 97,496.98 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 8,361.12 10 Grams 83,613.91 Tola 97,522.43 Troy Ounce 260,053.80   Daily digest market movers: Gold price soars unfazed by a strong US Dollar The US 10-year Treasury bond yield erases yesterday’s gains, dropping four…

Are you having trouble understanding market trends in forex trading? The Price Volume Trend and Standard OsMA Forex trading strategy could be what you need. This powerful combination uses the Oscillator of Moving Average (OsMA) and volume analysis to find good trades. It shows changes in price momentum, making it easier to know when to enter and exit the market. This strategy uses two strong indicators to give a full view of market movements. It lets traders make smart choices by looking at both price and volume trends. The OsMA, based on the MACD indicator, spots when prices are too…

Panama authorizes copper concentrate exports from shuttered First Quantum mine Source link

Are you having trouble finding good times to buy or sell in the forex market? The forex market can be very hard to understand. That’s why the MACD Colored and Waddah Attar Buy Sell Vol strategy is here. This strategy uses two strong tools to help you find the best trades. It helps you see through the market’s noise and find trades that are likely to succeed. Let’s see how this strategy can change your forex trading and maybe even make you more money. Key Takeaways MACD and Waddah Attar indicators combine for enhanced forex trading signals. Green histograms indicate…

Markets took a hit as trade tensions escalated, with President Trump threatening 200% tariffs on European wines, rattling risk sentiment. The S&P 500 slipped into correction territory, gold inched closer to $3,000, and the dollar gained against most major currencies except the yen, which surged on growing BOJ rate hike calls. Here are the major drivers and moves you may have missed in the previous trading sessions: Headlines: U.K. RICS House Price Balance for February: 11.0% (20.0% forecast; 22.0% previous) BOJ Gov. Ueda said he expects consumption to improve as import costs moderate and wage growth strengthens Swiss Producer &…

Here was the first post from Fox Business reporter Charlie Gasparino:BREAKING: Lots of talk in Trump circles about the need for some grand plan to resolve the tariff disputes with Mexico, Canada and Europe that is, cut a deal via one universal settlement. This started bubbling after today’s market losses and the growing sentiment that the market upheaval isn’t over until this stuff is settled. I have no clue whether this is something the White House is working on, but the chatter among the outside Trump advisers in and around Wall Street and DC is real. The idea is that…