Author: FX
Prior -14.2Economic confidence 96.3 vs 96.0 expectedPrior 95.2; revised to 95.3Industrial confidence -11.4 vs -12.0 expectedPrior -12.9; revised to -12.7Services confidence 6.2 vs 6.8 expectedPrior 6.6; revised to 6.7Slight delay in the release by the source. This article was written by Justin Low at www.forexlive.com. Source link
WTI Oil price holds ground amid supply concerns after Trump cancels Chevron’s Venezuela license. Oil prices faced headwinds amid rising concerns over global economic growth, with fears that Trump tariffs could weaken demand. The possibility of a Russia-Ukraine peace deal and the potential easing of Russian sanctions have weighed on Oil prices. West Texas Intermediate (WTI) Oil price maintains its position above the two-month low of $68.29, recorded on February 26, currently hovering around $68.70 per barrel during European trading hours on Thursday. Crude Oil prices receive some support from supply concerns as US President Donald Trump announced plans to…
Are you lost in the world of forex trading? Many traders get stuck in the ups and downs of the market. The Buy Sell Magic and Auto Trendline forex trading strategy is here to help. It uses automated trend analysis and clear buy-sell signals to make trading easier. This strategy uses the Trend Magic indicator. It’s based on ATR and CCI. It helps both new and experienced traders know what to do next. The auto trendline feature takes away the guesswork, letting you trade with confidence. Let’s see how this strategy can change your trading game. Key Takeaways Combines automated…
Japan Post Bank to conduct secondary share offering of up to $4.22 billion Source link
The S&P 500 took a breather after making fresh record highs earlier this month. But the U.S. stock index is now trading near a support zone, which could allow the bulls to jump in a broader trend. What do you think of the asset’s daily chart? S&P 500 Index (SP500) Daily Chart by TradingView The S&P 500 has been easing off its recent high near 6,150, with investor caution setting in ahead of Nvidia’s earnings and some underwhelming economic data fueling hopes for quicker Fed rate cuts. This looks like a natural pullback within a broader uptrend, but the next…
Are you having trouble making money in the forex market? Many traders find it hard to know when to buy or sell. The MACD 2 Line and Half Trend Buy Sell forex trading strategy can help. It uses the MACD indicator and trend analysis to find good trading opportunities. By combining these tools, you can spot when trends might change. You’ll also know when to follow strong trends. This strategy can make you a better trader and increase your profits. Key Takeaways MACD and Half Trend indicators work together for better trade signals. The strategy helps identify trend reversals and…
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…
Weak U.S. data and easing tensions in Europe recently fueled USD/CHF’s February downswing. Thinking of jumping in? We’re looking at the .9000 major psychological handle as a potential area of interest! USD/CHF 4-hour Forex Chart by TradingView We’ve seen falling 10-year Treasury yields and some weaker-than-expected U.S. data, which are fueling worries about U.S. and global growth. That’s got folks thinking the Fed might have to cut rates faster than it’s been letting on. Meanwhile, the Swiss franc’s getting some love as some traders shy away from the dollar. With geopolitical tensions easing after Germany’s recent elections, there’s even more…
It was another light day in terms of top-tier economic releases, but that didn’t stop major asset classes and currencies from chalking up big moves. Bitcoin carried on with its slump while Treasury yields closed lower for the sixth consecutive session, despite another day in the red for crude oil and U.S. equities. Here are the latest headlines you need to know: Headlines: Trump says tariffs on Canada & Mexico are ‘going forward’ with more import taxes likely to come Australian CPI y/y in Q4 2024: 2.5% (2.6% expected, 2.5% previous) Australia’s construction work done q/q in Q4 2024: 0.5%…
WTI price stays subdued amid rising supply expectations and a weakening demand outlook. Oil prices remain under pressure amid the possibility of a Russia-Ukraine peace deal and the potential easing of Russian sanctions. President Trump announced plans to revoke Chevron Corp.’s Oil license in Venezuela. West Texas Intermediate (WTI) oil price remains near a two-month low at $68.29 recorded on February 26, hovering around $68.70 per barrel during Asian trading hours on Thursday. Crude oil prices continue to face pressure from expectations of increased supply and a bearish demand outlook. The possibility of a Russia-Ukraine peace deal has also weighed…