Author: FX
The Gold price was unable to escape the sell-off on the commodity and financial markets and also fell significantly, Commerzbank’s commodity analyst Carsten Fritsch notes. Gold struggles amid market turmoil”This may sound strange, but it has happened several times in periods of heightened risk aversion, as market participants have to sell Gold positions to offset losses elsewhere, e.g. in equities. As such, the world’s largest Gold ETF has recorded outflows of 9.4 tons in the last two trading days. This is probably one of the reasons why Gold has fallen by up to 5% since Friday.” “Yesterday, the price slipped…
The R-squared (R²) indicator is a statistical measure that helps traders assess the strength of a market trend. It measures the degree of correlation between price movements and a linear regression line. The R-squared value ranges from 0 to 1, with a value closer to 1 indicating a stronger correlation. In trading, this means that the market is moving in a predictable direction. When the R-squared value is high, traders can be more confident that the trend will continue. This allows traders to make more precise predictions about future price movements. The Linear Regression indicator, on the other hand, plots…
S&P 500 futures +1.4%Nasdaq futures +1.1%Dow futures +1.7%While there is a suggestion that market players are holding out some optimism for Trump to start making deals, the threat of him just letting the world burn in the meantime is still very much alive. There’s only 24 hours left before the tariffs come into effect and by the look of things, it is only Japan that is likely to settle upon something – at least for now.As for the rest of the world, there will be at the minimum some short-term mess and pain to deal with from Trump’s tariffs. At…
The Squeeze Momentum Indicator is a key tool for traders using the MT4 (MetaTrader 4) platform, designed to identify periods of low volatility followed by potential breakout opportunities. It focuses on detecting when the market is “squeezing” and preparing to make a move. This can be especially useful for traders looking to pinpoint profitable moments in the market, as it provides clear signals for when to enter or exit a trade. Understanding the Squeeze Momentum Indicator on MT4 The Squeeze Momentum Indicator works by analyzing volatility and price momentum through the use of Bollinger Bands and Keltner Channels. These two…
The RBNZ is widely expected to cut its interest rates this week! Our Event Guide for RBNZ’s April Monetary Policy Statement explores the possibility of the RBNZ sticking to its February plan of reducing rates by 50bps by May and then taking a more measured approach after that. Here’s why NZD/USD and AUD/NZD present the best opportunities if the RBNZ stays cautious on cutting interest rates further: 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…
Will the RBNZ signal scope for more interest rate cuts in this week’s policy statement? Our Event Guide for the RBNZ Decision discussed the possibility of the central bank keeping the door open for further easing past May to account for worsening global trade tensions. Here’s what I’m looking at on GBP/NZD and NZD/JPY in a more dovish RBNZ announcement. 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
China censures Trump tariff 'blackmail' as market turmoil eases Source link
Is that a reversal pattern I’m seeing on the 4-hour chart of CAD/JPY? The pair made a couple of failed attempts to close below the 101.60 area, creating a double bottom formation. Better keep this neckline resistance on your radar if you’re thinking of catching a new trend! CAD/JPY 4-hour Forex Chart by TradingView This yen pair is halfway through on its move back towards the double bottom neckline around the 106.00 major psychological level, and a break above the resistance could set off a rally of the same height as the formation. Will it bounce off the ceiling though?…
The RBNZ is expected to reduce its interest rates for a fourth consecutive time in April. Will the central bank signal further rate cuts beyond May? Here’s what traders are expecting from 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
The Exponential Range Average & Deviation Offset MT4 Indicator helps solve this problem by offering a clearer view of market volatility. By using this tool, traders can gain better insights into price action, reduce the effects of noise, and make more informed decisions. Let’s dive deeper into how this indicator can enhance your trading strategy. Understanding the Exponential Range Average & Deviation Offset MT4 Indicator The Exponential Range Average & Deviation Offset MT4 Indicator is designed to give traders a clearer understanding of price movement by calculating the average price range and adjusting for market volatility. It helps traders identify…