Author: FX

I’m sure you’ve heard your fair share of inspirational, zero-to-hero success stories. I’m also willing to bet that at least once in your life, you’ve said to yourself, “Hey, maybe I can make it too.” However, I think very few people understand the amount of dedication that successful people have – whether it’s in sports, a career, or life in general – to achieve what they accomplished. Aspiring traders are especially vulnerable to ignoring the importance of the trait. There are lots of non-market types (e.g., engineers, IT professionals, retirees, poker players, etc.) who jump into the unforgiving world of forex trading with…

Xi is quoted in saying “economically developed provinces should actively explore experience in promoting common prosperity for all”. The goal of common prosperity isn’t a new one in China but has certainly gained much prominence under Xi’s presidency. In particular, the narrative escalated after the Covid pandemic – which triggered a lot of angst in China, not just economically but also socially.Amid China’s struggling demographic landscape, this can be seen as one of Xi’s solution to try and turn things around in the next decade or so.As a reminder, one of the main goals of common prosperity is to narrow…

AUD/USD is firmer on US Dollar (USD) weakness, BBH’s FX analysts report. RBA remains cautious which offers AUD support “Australia’s Q4 real GDP matched consensus. The economy grew 0.6% q/q vs. 0.3% in Q3. Both public and private expenditure contributed to the growth, supported by an increase in exports of goods and services. On an annual basis, real GDP was up 1.3% in Q4 slightly above the RBA’s 1.1% forecast. The RBA projects growth to return to its trend rate of 2% over 2025.” “RBA remains cautious which offers AUD support. Deputy Governor Andrew Hauser reiterated overnight that ‘the Board…

With a 102% YTD gain in the bag, these are our AI's top global picks for March Source link

Are you tired of feeling lost in the Forex market? The ups and downs can be tough to handle. But there’s hope! The BB MACD and Guppy Long and Short Forex Trading Strategy is here to help. It uses Bollinger Bands, MACD, and Guppy indicators to give you clearer signals and better trades. This strategy combines several technical indicators to improve your trading. It’s perfect for timeframes of 15 minutes or more. It has a 60-70% success rate, helping both new and seasoned traders. Key Takeaways Combines Bollinger Bands, MACD, and Guppy indicators for enhanced accuracy Suitable for timeframes of…

Higher tariffs will obviously also have impact on Japan’s economy, pricesWe will judge comprehensively said impact via new projections set out in 1 May meetingNo new plans to immediately sell BOJ’s ETF holdingsIt doesn’t matter whether this year year’s wage talk outcome is better or worse than last year’s This article was written by Justin Low at www.forexlive.com. Source link

Australia’s economy expanded by 0.6% in the fourth quarter, beating market forecasts of a 0.5% uptick. This marks a significant improvement from the September quarter’s 0.3% growth rate and represents the strongest quarterly expansion in over a year. The Australian Bureau of Statistics noted that growth was broadly based across the economy, with both public and private expenditure contributing positively. Agricultural output was particularly strong (+7.3%), while the Transport, Postal and Warehousing sector (+3.0%) also performed well. Key points from the Q4 GDP report: GDP grew 0.6%, accelerating from 0.3% in Q3 Annual GDP rate reached 1.3%, exceeding RBA’s 1.1%…

Are you having trouble finding profitable forex trends? False signals and missed chances can hurt your account. The forex market’s ups and downs can make traders feel lost. But there’s a way out. The Simple Trend Detector and Keltner ATR Bands strategy can help. It shows clear trends and opens up profitable trading chances in the fast-changing forex world. Keltner Channels, first used in the 1960s and improved in the 1980s, are great for spotting trends and trading. They mix a 20-period EMA with ATR bands for a strong trading edge. This strategy helps traders deal with market ups and…

Is the trend still our friend on CAD/JPY? This yen pair appears to be in correction mode to a support-turned-resistance zone that lines up with a falling trend line. Take a look at this area of interest on the 4-hour chart! CAD/JPY 4-hour Forex Chart by TradingView A combination of hawkish Bank of Japan (BOJ) vibes, risk-off flows, and falling crude oil prices have kept this pair in a downtrend so far this year. CAD/JPY has formed lower highs connected by a descending trend line, and it looks like another pullback to this resistance zone is in the works. The…

US President Donald Trump is addressing a joint session of Congress at the Capitol Building, in Washington DC, on Wednesday. It’s his first Congressional address after returning to power. Key quotes To my fellow citizens, America is back. Our country is on the verge of a comeback the likes of which the world has never witnessed, and perhaps will never witness again. Reiterate call to drill more oil in the US. Federal spending reductions will aid in reducing debt. Will balance the federal budget. Urge to lower mortgage rates. Urge Congress to pass tax cut. Urge Congress to implement tax…