Author: FX

Many are expecting the RBA to announce yet another 0.25% rate cut in this week’s decision, but what if policymakers surprise the markets by sitting on their hands and suggesting a longer easing pause? Here’s what I’m watching on AUD/CHF and GBP/AUD in this scenario. 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

NZD/USD is forming a new trend channel with its higher lows and higher highs over the past couple of months. Is it due for another test of support soon? NZD/USD 4-hour Forex Chart by TradingView This Kiwi pair has been cruising higher since early May, driven mostly by lower expectations of further RBNZ easing and improvements in overall market sentiment. Still, stronger than expected U.S. NFP data for June led to a sharp boost for the dollar late last week, dragging NZD/USD down from its channel resistance. Can the pair find buyers at these correction levels? Remember that directional biases…

The RBA is expected to cut interest rates this week, but will Governor Bullock and her crew hint at more easing ahead? More importantly, how will the Aussie react to a move that everyone already sees coming? Here’s what you need to know if you’re trading the 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

Australian job advertisements rose 1.8% in June, reaching their highest level in a year, according to data from ANZ and Indeed. The increase was led by a 3.2% jump in private-sector vacancies, suggesting the labour market remains robust Job ads are now just 0.4% below year-ago levels and remain 16.1% above pre-pandemic norms. ANZ:labour market’s continued tightness supports the view that the RBA’s rate-cutting cycle will be shallowfurther 25 basis point cuts expected in July and AugustThe RBA is widely expected to lower the cash rate to 3.6% on Tuesday, following cuts earlier in February and May, as inflation pressures…

The Turn Area Chart MT4 Indicator is a user-friendly tool designed to visually highlight possible market turning points. It works by displaying shaded areas on the chart that indicate potential reversal zones. These zones are calculated based on price momentum, recent highs and lows, and volume behavior. Unlike complex indicators that overwhelm traders with too much data, this one keeps things simple—perfect for beginners and experienced traders alike. How Does It Work? This indicator tracks price movement patterns and automatically highlights areas where a reversal is likely to happen. When prices approach a shaded area, it suggests a possible change…

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…

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The Trend Movers MT4 Indicator is a technical tool designed to highlight major market trends as they develop. It uses a combination of price action and momentum calculations to spot when a new trend is beginning or when an existing trend is gaining strength. It then visually marks these moments on the chart with clear signals, helping traders avoid confusion or hesitation. This indicator works on all timeframes and currency pairs, making it a flexible choice for day traders and swing traders alike. It doesn’t just tell you what’s happening—it shows you, in real time, whether the market is gearing…

Egypt's non-oil business conditions deteriorate further in June, PMI shows Source link