Author: FX

Like other risk assets, bitcoin has taken a hit in recent days as markets react to U.S. tariffs and global growth uncertainty. How low BTC/USD can go before buyers step back in? We’re watching some key levels on the daily chart! Bitcoin (BTC/USD) Daily Chart by TradingView Risk assets like cryptocurrencies have been bleeding pips as the trade war between major economies heats up. Bitcoin may even feel more pressure as some traders liquidate their crypto holdings to cover margin calls on other risk positions. Meanwhile, the U.S. dollar remains a go-to safe haven despite pressure from Fed rate cut…

Are you having trouble making money in Forex trading? The currency markets can be very unpredictable. But, there’s a tool that can help you. It’s called the MACD indicator. This guide will teach you how to use it to improve your trading. The MACD indicator is special because it looks at trends and momentum together. Learning to use MACD can give you an advantage. You’ll be able to spot market changes and make better choices. Are you ready to get better at Forex trading? Let’s explore the MACD together. Key Takeaways MACD combines trend and momentum analysis. Standard settings: 12…

BOC is expected to cut its interest rates again in March! But our Event Guide for Bank of Canada’s (BOC) March Policy Decision points out that the move has been widely expected, raising the odds of the Canadian dollar stabilizing or even gaining ground against its major counterparts after the release. Here’s why we’re looking at GBP/CAD and CAD/JPY in case of sell-the-rumor, buy-the-news scenarios! 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™…

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…

Any chance that the Bank of Canada can step up its easing game to pre-empt further trade risks? Our Event Guide for the BOC Decision points out that the central bank might opt to announce a larger interest rate cut to keep domestic growth supported even if tariff tensions escalate. Here’s what I’m watching on NZD/CAD and CAD/CHF if this dovish scenario happens. 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…

The BOC is on track for another rate cut this month, but how much of that is already baked into the markets? What will the event mean for CAD’s future price action? We’ve got the key takeaways you need to trade the central bank decision! 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 Australian Dollar remains under pressure despite a release of stronger economic data on Tuesday. Westpac Consumer Confidence climbed 4% to 95.9 in March, up from 92.2 in February, reaching its highest level in three years. The US Dollar struggles as concerns grow that tariff policy uncertainty could push the US economy into a recession. The Australian Dollar (AUD) remains under pressure against the US Dollar (USD) for the fourth consecutive session on Tuesday. Despite a stronger Westpac Consumer Confidence reading—rising 4% to 95.9 in March from 92.2 in February, marking its highest level in three years—the AUD/USD pair continues…

Are you having trouble making money in forex trading? Maybe it’s because you lack patience. Many traders make quick decisions, which can lead to big mistakes. This impatience can cause your account to lose money and ruin your dreams of wealth. But there’s a way to overcome this. By learning to be patient in forex and staying disciplined, you can do well in the currency markets. Did you know 95% of forex traders lose money? This is often because of emotional trading and doing too many trades. But, if you learn to be patient, you can be one of the…

The Bank of Canada’s rate decision on Wednesday is shaping up to be a tight call, with RBC expecting policymakers to hold rates steady for the first time since April 2024. While the base case assumes a pause in the current easing cycle, the risk of U.S. trade disruptions could still push the central bank toward a seventh consecutive rate cut. With economic uncertainty lingering, markets will be watching for any signals on the future path of monetary policy. A decision to hold would mark a shift in strategy, suggesting policymakers see enough resilience in domestic conditions to pause further…

DXY stalls around 103.95 as market sentiment remains fragile. Traders eye Wednesday’s US CPI data for fresh market direction. Nasdaq slides 3.3%, dragging broader equities lower. The US Dollar (USD) remains under pressure on Monday, with DXY hovering around 103.95, struggling to find traction after last week’s steep decline. Federal Reserve (Fed) Chair Jerome Powell’s latest remarks on Friday reassured markets that the central bank sees no urgent need to adjust policy at the moment, though economic uncertainties are growing. Meanwhile, the Nasdaq is facing heavy market losses, down 3.3%, as investors remain cautious ahead of key United States (US)…