Author: FX
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…
ISM Services PMI for May came in below the market expectation.The USD stays under selling pressure in the American session on Wednesday.The business activity in the US service sector contracted slightly in May, with the Institute for Supply Management’s (ISM) Services Purchasing Managers Index (PMI) dropping to 49.9 from 51.6 in April. This reading came in below the market expectation of 52.Other details of the report showed that the Prices Paid Index, the inflation component, rose to 68.7 from 65.1, while the Employment Index improved to 50.7 from 49.Assessing the survey’s findings, “May’s PMI level is not indicative of a…
US-backed Gaza aid group halts distribution, UN to vote on ceasefire demand Source link
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…
The US Dollar regained lost ground after strong US jobs data.NZD/USD remains bullish while above 0.5990.Below that level, the next support areas are 0.5925 and 0.5890.The New Zealand Dollar turned lower on Tuesday, weighed by a stronger US Dollar, but downside attempts have been contained at the 0.5990-0.6000 area, which keeps the broader upward trend intact.The Kiwi retreated from year-to-date highs, at 0.6050, following stronger-than-expected US job openings numbers, that eased concerns about US debt and trade tariffs, at least momentarily, and provided a moderate impulse to an ailing US Dollar.Technical Analysis: The pair remains bullish while above 0.5990The New…
The EMAPredictive3 MT4 Indicator is built on the foundation of exponential moving averages (EMA), which weigh recent prices more heavily than older data. This feature allows it to respond quickly to market changes, making it a valuable tool for identifying emerging trends. By analyzing three different EMA lines simultaneously, it provides traders with a clearer picture of price momentum and potential reversals. The indicator visually highlights buy and sell signals, simplifying the decision-making process even for those new to technical analysis. How the Indicator Enhances Trading Strategies By integrating the EMAPredictive3 MT4 Indicator into their trading routine, users can reduce…
Australia’s Q1 2025 GDP report dropped on Wednesday, and it was not a pretty sight. Growth came in way below expectations, with the economy expanding just 0.2% quarter-on-quarter, missing forecasts for 0.4% and slowing from the previous quarter’s 0.6% pace. On a yearly basis, GDP held steady at 1.3%, falling short of the 1.5% forecast and stuck well below the 2.5% growth rate Australia usually sees in better times. Key points from the Q1 2025 GDP report: Government spending went flat, marking the biggest drag on growth since 2017 Household consumption inched up 0.4% despite lower rates and cooler inflation…
The Traditional Itrend MT4 Indicator is a popular technical analysis tool for MetaTrader 4. It helps traders determine the current market trend by smoothing out price fluctuations and highlighting clear directional signals. Unlike complex indicators, it’s user-friendly and easy to interpret, making it suitable for beginners and experienced traders. By using mathematical formulas, it tracks momentum and provides visual cues, such as color changes or lines, to indicate bullish or bearish trends. How It Addresses Market Challenges Markets often move unpredictably, causing traders to hesitate or make poor decisions. The Traditional Itrend MT4 Indicator reduces this uncertainty by filtering out…
Market risk sentiment showed resilience as better-than-expected U.S. job data offset trade war concerns, while central banks prepared for policy shifts amid disinflationary pressures. Here are headlines you may have missed in the last trading sessions! Headlines: Australia current account for Q1 2025: -14.7B (-7.6B forecast; -12.5B previous) Australia business inventories for Q1 2025: 0.8% q/q (0.3% q/q forecast; 0.1% q/q previous) RBA meeting minutes showed that the Board considered both 25bps and 50bps rate cuts, but saw a stronger case for cautious and predictable policy BOJ Gov. Ueda prefers not having “preset ideas” when making policies, while trade policy…
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…