Author: FX

Mark Carney announced an April 28 election, as was widely reported last week.He went straight into campaign mode and proposed reducing the lowest income tax bracket by one percentage point.Polls between the Liberals and Conservatives are tight and that will make for an interesting five-week campaign. This article was written by Adam Button at www.forexlive.com. Source link

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UPCOMING EVENTS:Monday: Australia/Japan/EU/UK/US Flash PMIs.Tuesday: German IFO, US Consumer Confidence.Wednesday: Australia Monthly CPI, UK CPI, US Durable Goods Orders, BoC Minutes.Thursday: US Final Q4 GDP, US Jobless Claims.Friday: Tokyo CPI, BoJ Summary of Opinions, UK Retail Sales, French CPI, Canada GDP, US PCE, University of Michigan Consumer Sentiment (Final). MondayMonday is the Flash PMIs Day for the Eurozone, the UK and the US. These are generally market moving releases and they might influence the markets expectations for interest rates. US PMIs will get special attention as they triggered the growth scare last month. Eurozone Manufacturing PMI: 48.2 expected vs. 47.6…

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Are you struggling to find a good Forex trading strategy? The market’s ups and downs can make traders feel lost. The Highest Lowest and DEMA Forex Trading Strategy is here to help. It uses price action and the Double Exponential Moving Average (DEMA) indicator. This strategy makes it easier to spot trends and find the right times to buy or sell. It helps traders feel more confident in the Forex market. Key Takeaways DEMA was invented by Patrick Mulloy in the 1990s DEMA formula: (2 * EMA(n)) – (EMA(n) of EMA(n)) 20-period DEMA is commonly used in trading strategies DEMA…

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Are you lost in the world of forex trading? Many traders face the same problem. They get confused by too many signals and market changes. It’s frustrating to miss chances and make mistakes. But, is there a way to see market trends? Meet the Super Signals and Dynamic Trend Cleaned Up Forex Trading Strategy. It uses the Supertrend indicator and trend analysis. This combo helps traders find good trends more easily. Key Takeaways Supertrend indicator enhances trend analysis in forex trading Dynamic trend recognition improves signal accuracy Clean signal filtering reduces false positives Strategy adapts to various market conditions Risk…

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Reuters carry the report on discussions between European central banking and supervisory officials questioning whether they can still rely on the U.S. Federal Reserve to provide dollar funding in times of market stressReuters cite “six people familiar with the matter”sources told Reuters they consider it highly unlikely the Fed would not honour its funding backstops — and the Fed has given no signals to suggest thatbut, given the dismantling of long-standing U.S. policy in several areas by Trump, the question is being raised over the possibility the U.S. government might pressure the Fed to suspend the dollar backstopsThe Federal Reserve…

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This news has been in the works, but the announcement has been made – Trump’s administration will revoke the temporary legal status of more than half a million migrants from Cuba, Haiti, Nicaragua and Venezuela:these migrants have been warned to leave the country before their permits and deportation shield are cancelled on 24 AprilMore here. -This is something to watch with respect to the US labour market:many of these migrants have been legally working in the US under the humanitarian parole programthe revocation is likely to lead to some short-term disruption (shortages) in the labor market, particularly in industries that…

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NVIDIA Stock Analysis: Quiet Strength Building Underneath the SurfacePrice Snapshot: NVIDIA stock recently closed around $117.86, holding just above the core price zone where most recent trading activity has been concentrated — around $117.57. This zone represents what professionals call a “fair value area” — a kind of balance point where buyers and sellers have found temporary agreement.Nvidia stock analysis with our orderFlow IntelKey Takeaways from Our AI-Based Order Flow Analysis:Momentum is Still With the Buyers: Despite some back-and-forth movement recently, buying pressure has continued to build steadily. The latest data shows that recent trades are still leaning bullish —…

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