Author: FX

Welcome to a brand spankin’ new trading year! The holiday break is a good time to sit back and reflect on the year that was. Have you started on your trading resolutions for 2025? If not, here are simple questions to think about. Remember, it’s important to be completely honest with yourself when assessing your performance! First, ask yourself questions such as: What are my trading strengths? What are my trading weaknesses? Was I able to stick to my trading plan? Have I achieved my trading goals for the past year? You can start by going through your trading journal…

EUR/USD declines below a two-year low of 1.0330 as the US Dollar gains further. The USD gains as the Fed has guided fewer rate cuts in 2025. Investors expect the ECB to cut interest rates steadily by 25 bps in each meeting till June. EUR/USD posts a fresh more-than-two-year low below 1.0320 on the first trading day of the year. The major currency pair weakens as the US Dollar (USD) extends its upside, with the Dollar Index (DXY) rising above 108.60 on optimism that the Federal Reserve (Fed) will reduce interest rates less than previously anticipated this year.  The Fed cut its key…

By Anna Hirtenstein LONDON (Reuters) -Oil prices rose on Thursday as investors returned for the first trading day of the new year with an optimistic eye on China’s economy and fuel demand after a pledge by President Xi Jinping to promote growth. futures rose 65 cents, or 0.87%, to $75.29 a barrel by 0945 GMT after gaining 65 cents on Tuesday, the last trading day of 2024. U.S. West Texas Intermediate crude was up 66 cents, or 0.92%, at $72.38. Xi’s New Year address on Tuesday said that China would implement more proactive policies to promote growth in 2025. China’s…

The Australian Dollar Futures (6A March 2025) are trading at 0.62150, closely aligned with the AUD/USD Forex pair on FXCM at 0.62140. Below are the key levels and signals to guide your trading decisions for today and the days ahead.Bullish Map: Key Levels for Australian Dollar Futures0.62086: Today’s developing VWAP. Price holding above this level signals that the bullish reversal remains in play, even if temporary.0.62: Approximately yesterday’s VWAP. As long as price is above this level, short positions are not advisable.0.62105: The Value Area Low (VAL) from December 27. Prices holding above this support strengthen the bullish outlook.0.622: Today’s…

2025 is the best of times, and the worst of times; an epoch of belief, an epoch of incredulity. In an increasingly polarized world, people will cling to one side or the other—without recognizing that both sides can have a point. It is an economist’s role to impartially assess the economic consequences of politics, in clear and direct language. The likely result is that I will upset everyone this year, UBS’ economist Paul Donovan notes.The risk is political uncertainty“2025 starts with developed economy consumers in a solid position—balance sheets are OK and real incomes are rising. Developed economy consumers dominate…

By Rae Wee SINGAPORE (Reuters) – Asian stocks began the year on a dour note on Thursday as they struggled for traction after a jittery close to 2024, while the U.S. dollar charged higher and investor sentiment stayed cautious ahead of Donald Trump’s return to the White House. The start of the New Year was shaping up to be a less favourable one for equities, as uncertainty over the policies of incoming U.S. President Trump and a more hawkish Federal Reserve outlook looked set to dominate the market rhetoric for now. While global shares closed out 2024 with a strong…

Gold prices continue to extend gains following an impressive 27% gain, marking the strongest annual performance since 2010. The precious metal Gold receives support as the US Dollar Index retreats from the multi-year high of 108.58, reached on Tuesday. The non-yielding Gold may struggle due to the Fed’s hawkish shift in its monetary policy stance. Gold price (XAU/USD) rises for the third consecutive session on Thursday, following a more than 27% increase in 2024, marking its best performance since 2010. This upward momentum has been driven by US monetary easing, persistent geopolitical tensions, and record central bank purchases. However, the…

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…

SINGAPORE (Reuters) -Singapore’s economy grew 4.0% in 2024, its fastest annual pace since exiting the pandemic, accelerating from an expansion of 1.1% in 2023 and 3.8% in 2022, preliminary government data showed on Thursday. Gross Domestic Product (GDP) rose 4.3% in the fourth quarter from a year earlier, according to advance estimates from the trade ministry, above a median forecast of 3.3% in a Reuters poll of economists.  On a quarter-on-quarter seasonally adjusted basis, GDP expanded 0.1% in the October-December period. Maybank economist Chua Hak Bin said: “Singapore is starting the year in a sweet spot, with growth on a…

The Kalman Filter and EMA Trend Forex Trading Strategy offers a sophisticated approach to navigating the complexities of the foreign exchange market. The Kalman Filter, originally developed for use in navigation and control systems, is a statistical algorithm that excels at filtering out noise and making predictions based on uncertain or incomplete data. In the context of Forex trading, this filter helps to smooth out market price fluctuations, providing a clearer picture of underlying trends. When integrated with the Exponential Moving Average (EMA), a popular trend-following indicator, the strategy becomes even more powerful, combining advanced data filtering with real-time trend…