Author: FX
EUR/GBP has been pacing back and forth inside a range that’s been holding since November last year. The pair is closing in on the top, so could it be due for a bounce or a break? Better keep these nearby inflection points on your radar! EUR/GBP 4-hour Forex Chart by TradingView Shifting monetary policy biases for the European Central Bank (ECB) and Bank of England (BOE) since late last year have mostly kept this pair inside a range visible on the 4-hour time frame. While the ECB has reiterated its data-dependent approach to easing, BOE policymakers have had a “finely…
Do you struggle to understand forex market movements? You’re not alone. Many traders get lost in price changes, unsure of market strength. This confusion can lead to big mistakes and missed chances. But what if you could see the real forces behind currency pairs? That’s where volume indicators come in. They show the hidden forces of supply and demand. This helps you spot breakouts and make better trades. Key Takeaways Volume indicators measure buying and selling pressure in forex. High volume suggests strong market trends. Low volume may signal a reversal. Volume analysis helps confirm price action. Popular indicators include…
Reserve Bank of New Zealand Deputy Governor Christian Hawkesby gives a speech about the February Monetary Policy Statement at the ANZ Investor Tour.With Orr’s resignation last week Hawkesby will be acting Governor until March 31.At 0130 GMT/2130 US Eastern time 25 years of cash rate This article was written by Eamonn Sheridan at www.forexlive.com. Source link
AUD/USD edges lower to around 0.6305 in Monday’s early Asian session. China’s February CPI fell into negative territory for the first time since January last year. US Nonfarm Payrolls rose by 151,000 in February vs. 160,000 expected. The AUD/USD pair weakens to near 0.6305 during the early Asian session on Monday. The disappointing Chinese economic data over the weekend weighs on the China-proxy Australian Dollar (AUD). However, the concerns over a looming slowdown in the US economy might help limit the pair’s losses. Data released by the National Bureau of Statistics on Sunday showed that China’s Consumer Price Index (CPI) fell by 0.7%…
US open to minerals partnerships with Democratic Republic of Congo 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…
A week ago on Sunday, US President Trump made a mess of the crypto market but tweeting about a crypto reserve including Solana, Ripple and Cardano.A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!Shortly afterwards he added Ethereum and Bitcoin to the list. Throughout…
Syria's Sharaa pleas for communal peace as clashes continue Source link
Do you struggle to predict forex market movements? Many traders do. The forex market’s ups and downs can change quickly, taking profits away. But, there’s a way to handle these changes. Learning to spot trends and reversals can help. This guide will teach you to use key forex market analysis tools. You’ll learn to find reversals and follow profitable trends. Key Takeaways Retracements often occur after significant price movements. Price retracements typically align with Fibonacci levels. Breaking major trend lines can signal possible reversals. ADX readings above 25 show strong trends. Multiple tests of support lines may signal weakening trends. Corrections are…
China inflation data for February 2025:Consumer Price Index -0.7% y/y, falling back into negative for the first time since January 2024expected -0.5%, prior +0.5%Consumer Price Index -0.2% m/mexpected -0.1%, prior +0.7%Producer Price Index -2.2% y/yexpected -2.1%, prior -2.3%China’s National Bureau of Statistics (NBS) blames the y/y drop back into deflation for the CPI on: higher base in the same month last year due to the shifting Spring Festival (Lunar New Year) datesholiday impacts – last year’s rise in food and services prices created a high comparison basethe NBS says that if this were adjusted for, the CPI would have been…