Author: FX
The Greenback plummeted to fresh lows amid persistent concerns over the US-China trade war and its potential impact on both the global and US economies.Here is what you need to know on Friday, April 11: The US Dollar Index (DXY) tumbled to new multi-month lows in the sub-101.00 region amid shrinking US yields across the curve. Producer Prices will be released, seconded by the advanced Michigan Consumer Sentiment and speeches by the Fed’s Musalem and Williams.EUR/USD advanced to new highs after breaking above the key 1.1200 round level. The final Inflation Rate in Germany and the Current Account prints are…
Just hours after our bearish trade setup was triggered, U.S. President Trump announced a 90-day pause on higher reciprocal tariffs for most trade partners, sparking a massive broad market risk-on move, including in NZD/JPY. This provided a valuable (and painful) lesson in market dynamics and risk management, as the position quickly hit its max stop after an unexpected policy announcement. Let’s examine what happened and what we can learn from this experience. 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…
USDCHF monthlyI can’t believe it’s been 10 years since the January 15, 2015 break of the EUR/CHF floor and all the drama around that. But in any case, USD/CHF is at its lowest since that fateful day. Excluding that brief period, its’ trading at the lowest since 2011.The is a rush into safe haven assets today with the Swiss franc leading the FX market. This looks like a recession trade and a bet on rate cuts and economic pain in light of the US tariff war.Technically, I imagine the break of the 2023 and 2024 lows is adding momentum to…
In last week’s update, we concluded for the S&P500 (SPX) There are no signs of a bear market. Even if there is one, history shows us that each Bear market Is a Major Buying Opportunity (BIMBO) for those with a time horizon longer than a few days to weeks. The SPX continues to follow a standard Fibonacci-based impulse pattern that began in March 2020, which we outlined several weeks ago. Fast forward to Monday, when the new 52-week lows spiked to 1152. However, the current seven-week correction sits at -19.1% based on a closing basis, and yesterday, the index already…
During his presidential campaign, Donald Trump promised to spark an economic boom and rekindle faith in the American dream. Such a goal sounds more than admirable for the country and the markets. Indeed, the S&P 500 and other indexes initially rallied, hoping this vision would become a reality. The U.S. dollar index also began the year strong, trading above the 110 level, marking its highest point since November 2022. But the closer we got to its execution, the clearer it became that it would not be so simple.As part of the measures being taken, on April 2, the U.S. president…
Silver attracts some intraday sellers following an intraday uptick to a fresh weekly high.The technical setup favors bearish traders and supports prospects for additional losses.A move beyond the 50% Fibo. hurdle is needed to negate the near-term negative bias.Silver (XAG/USD) struggles to capitalize on its modest intraday uptick and retreats slightly after touching a fresh weekly high, around the $31.30 region during the early European session on Thursday. The intraday selling picks up pace in the last hour and drags the white metal back below the $31.00 mark as traders now look forward to the US consumer inflation figures before…
The RVI Crossover MT4 Indicator is a popular tool used by traders to spot potential market trend reversals and make better-informed trading decisions. One of the most challenging aspects of trading is identifying the right moments to enter and exit the market. Without the right indicators, traders often find themselves making guesses, which can lead to financial losses. Fortunately, the RVI Crossover MT4 Indicator helps solve this problem by offering clear signals of market shifts. Keep reading to learn how this powerful tool can transform your trading strategy. What is the RVI Crossover MT4 Indicator The RVI Crossover MT4 Indicator…
Up 15%+, these stocks are leading the charge amid market's historic u-turn Source link
The Stochastic Main and Signal Comparator MT4 Indicator is a powerful tool that every trader should consider adding to their trading arsenal. Trading in the financial markets can be tricky, especially when trying to identify trends and make informed decisions. Many traders struggle to determine the right moment to enter or exit a trade, which often leads to mistakes and lost opportunities. The Stochastic Main and Signal Comparator MT4 Indicator solves this problem by providing clear signals that highlight overbought and oversold conditions in the market. With this tool, traders can gain valuable insights and increase their chances of making…
The Federal Reserve’s March 18-19 meeting minutes unveiled a Committee walking a tightrope between inflation concerns and growth risks amid heightened trade policy uncertainty. The minutes reveal a Fed increasingly concerned about a potential stagflationary environment where higher tariffs boost inflation while simultaneously slowing economic growth. This places policymakers in a difficult position, as the traditional response to higher inflation (tighter policy) conflicts with the typical approach to slower growth (looser policy). The Committee also decided to slow quantitative tightening by reducing the monthly Treasury securities redemption cap from $25 billion to $5 billion. Here are key points from the…