Impact
Aussie Dollar Strengthens as RBA Keeps Rates on Hold
The Aussie dollar strengthens as RBA keeps rates on hold. This decision often boosts AUD sentiment. Steady policy signals economic stability. Traders see it as supportive for commodity currencies.
The main focus overnight was in Australia with the RBA deciding to hold the current cash rate at 2.25%, with no cut. This decision was against the backdrop of declining commodity prices and a slowdown in China with many expecting the rate to be cut to 2.00%. As a result the Aussie dollar strengthened on the news against many of the major currencies, with another nice move on the EUR/AUD on the 15 minute chart.
Quantum Indicators
The Quantum accumulation and distribution indicator initially defined the support and resistance region with the 1.4360 being the key level of support and a region that had been tested on several occasions prior to the news. The bearish sentiment was confirmed with the trend monitor to the bottom...
NinjaTrader Launches Forex Brokerage
NinjaTrader launches forex brokerage services. This expands options for forex traders. The platform now offers direct forex execution. Traders access competitive spreads and leverage.
Benefits for VPA Traders
Volume price analysis (VPA) users benefit greatly. NinjaTrader's charting integrates Quantum indicators seamlessly. Trade forex pairs with VPA tools like currency strength and matrix. Anna Coulling's methodology applies directly to the new brokerage.
Why This Matters
The launch combines powerful charting with brokerage. Execute trades without leaving the platform. Quantum indicators enhance relational analysis on forex. This setup supports disciplined, volume-based trading.
NinjaTrader's forex brokerage opens new doors. Start using Quantum tools for confident forex execution today.
NinjaTrader Press Release
Denver, CO, Tuesday, April 7th, 2015 - NinjaTrader Group, LLC has announced the addition of forex trading to the services available through NinjaTrader Brokerage. Users of the awardwinning NinjaTrader platform can now access the world’s largest and most liquid market directly through a NinjaTrader Brokerage trading account. “We are excited to expand our brokerage services offering...
