Author: FX

A currency strength indicator measures the relative performance of individual currencies against a basket of others. Unlike traditional indicators that analyze price action on a single pair, these tools break down the eight major currencies (USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD) and rank their strength independently. Here’s how this changes your perspective: When you look at GBP/USD on your chart, you’re seeing one data stream—the relationship between two currencies. But a currency strength indicator shows you two separate data streams. The pound might be up 0.8% while the dollar is down 0.3%. That’s a very different scenario than…

The Reserve Bank of Australia (RBA) delivered its first interest rate hike since November 2023, raising the cash rate by 25 basis points to 3.85% in a unanimous decision that reflected mounting concern over persistent inflation pressures. The decision marked a dramatic reversal from its August 2025 rate cut, with the Board concluding that “the rate was no longer at the right level to get inflation back to target in a reasonable time frame.” The central bank highlighted that inflationary pressures accelerated through the second half of 2025, driven by stronger-than-expected private demand in both consumption and investment, alongside tighter…

There is arguably just one to take note of on the day, as highlighted in bold below.That being for EUR/USD at the 1.1850 level. It’s not one that ties too closely to any key technical levels but could help to limit upside extensions later on in the session, if any. The pair has been trending lower this week, now falling back below both its key hourly moving averages. The 200-hour moving average now is the closest at 1.1865, so keep below that and the near-term bias stays more bearish.So, the expiries could just add another layer nearby on any price…

Gold prices rose in Saudi Arabia on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 580.56 Saudi Riyals (SAR) per gram, up compared with the SAR 560.95 it cost on Monday.The price for Gold increased to SAR 6,768.89 per tola from SAR 6,542.82 per tola a day earlier.Unit measureGold Price in SAR1 Gram580.5610 Grams5,803.27Tola6,768.89Troy Ounce18,057.63FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates…

RBA’s February interest rate hike gave the Australian dollar a fresh lift and kept AUD/NZD on track to extend its long-term uptrend. Is the pair on its way to new 2026 highs? Here’s what we’re seeing on the daily time frame: AUD/NZD Daily Forex Chart Faster With TradingView In case you missed it, the Reserve Bank of Australia (RBA) raised interest rates by 25 basis points to 3.85% as expected, pointing to surging inflation and a tightening labor market. While policymakers stopped short of clearly signaling more hikes, the overall hawkish tone was enough to push the Australian dollar higher…

Cable has been climbing steadily since December, but looks due for a pullback to nearby support levels. Can the ascending trend line keep losses in check? Better keep tabs on these inflection points on the 4-hour time frame: GBP/USD 4-hour Forex Chart Faster With TradingView All that talk of a dovish Fed and dollar debasement has allowed Cable to stage a steady climb past the 1.3600 barrier last month. Trump’s next Fed Chair pick, however, is seen to be a hawkish candidate who could push for higher U.S. interest rates for much longer. Because of that, GBP/USD has been on…

Dollar holds gains on economic data, Fed bets; Aussie jumps on RBA hike Source link

The Spike Killer operates as a volatility filter that identifies abnormal price movements in real-time. Unlike standard indicators that smooth price data or follow trends, this tool focuses on detecting outliers—those sharp moves that appear suddenly and often disappear just as fast. At its core, the indicator calculates the standard deviation of price movement over a specified lookback period. When the price moves beyond a threshold (typically 2-3 standard deviations), the indicator marks it as a potential false move. Traders see this as a visual alert—usually a colored dot or line—that suggests caution rather than immediate action. The logic is…

The Engulfing Candle MT5 Indicator solves this by automatically identifying these powerful reversal patterns in real-time, letting traders focus on execution rather than candle-by-candle analysis. This tool doesn’t just highlight engulfing candles—it filters them based on customizable criteria, helping separate genuine reversal signals from noise in choppy markets. What Engulfing Patterns Actually Tell You An engulfing candle forms when the current candle’s body completely engulfs the previous candle’s real body, regardless of wick length. Bullish engulfing appears when a green candle swallows a red one, typically signaling buyers overpowering sellers. Bearish engulfing works in reverse—a red candle consuming a green…

NZD/USD has just printed a classic longer-term trend signal that many traders watch closely . Even though today’s price action shows a pullback and the immediate candle may look hesitant, its moving averages are pointing to potential underlying strength and a shift in how the medium-term trend is developing. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts as the basis for a mini-lesson, breaking down what each alert means, why it matters, and how traders might interpret it. The goal is to help beginner…