Author: FX
New Zealand Dollar (NZD) could rise further; overbought conditions could limit any gains to a test of 0.5785. In the longer run, for the time being, NZD is likely to trade in a range between 0.5720 and 0.5805, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Overbought conditions might limit any gains to a test of 0.578524-HOUR VIEW: “NZD fell more than we expected last Friday. Yesterday, when NZD was at 0.5730, we pointed out that ‘the combination of slowing downward momentum and oversold conditions suggests that NZD is likely to consolidate today, probably between 0.5715 and…
Andrew Harnik/Getty Images NewsTreasury Secretary Scott Bessent on Monday convened a meeting of finance ministers from several countries to discuss ways to diversify rare earth supply chains and reduce reliance on China. The meeting was held in Washington and included ministers from Australia, Canada, Mexico, France, Germany, the Source link
The Best Session MT4 Indicator helps solve this problem by clearly showing active trading sessions on the chart. It guides traders toward better timing, stronger moves, and smarter trading decisions. What Is the Best Session MT4 Indicator? The Best Session MT4 Indicator is a timing tool that highlights major forex trading sessions directly on the chart. It usually marks the Asian, London, and New York sessions using colored boxes, vertical lines, or session labels. This allows traders to quickly see when the market is most active. Instead of guessing when momentum might appear, traders can visually track high-liquidity periods and…
The Pull Back Indicator MT4 is a technical analysis tool designed to identify retracement zones within trending markets. Unlike oscillators that measure momentum, this indicator focuses on price structure and swing points. When properly configured, it marks areas where price pulls back against the prevailing trend before potentially resuming its original direction. The indicator typically displays visual signals—arrows, dots, or colored bars—on the chart when specific conditions align. Most versions track swing highs and lows using a lookback period, then calculate percentage retracements from recent extremes. Think of it as an automated spotter for pullback entries that experienced traders would…
There is arguably just one to take note of on the day, as highlighted in bold below.That being for AUD/USD at the 0.6700 level. The pair is not up to much today, with the dollar steadying now after a slight drop in the day before. The drag from Trump’s attack on Fed independence isn’t striking deep, with Fed market pricing still showing that the central bank will stick to its guns and not cut rates up until Powell departs at least.The expiries above do sit near the confluence of the 100 and 200-hour moving averages at 0.6703-06, so put together…
Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 13,367.03 Indian Rupees (INR) per gram, broadly stable compared with the INR 13,354.78 it cost on Monday.The price for Gold was broadly steady at INR 155,910.10 per tola from INR 155,767.50 per tola a day earlier.Unit measureGold Price in INR1 Gram13,367.0310 Grams133,670.40Tola155,910.10Troy Ounce415,760.00FXStreet calculates Gold prices in India by adapting international prices (USD/INR) 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…
There were plenty of big winners last week, and that’s not even counting Timothée Chalamet at the Golden Globes. I’m talking about those who traded USD/CHF’s bounce from a long-term support! Now that the bulls have gotten some momentum, will USD/CHF see an extended uptrend? USD/CHF 4-hour Forex Chart by TradingView The U.S. dollar hasn’t gotten much love in the last trading sessions, as markets questioned the Fed’s independence and traders cautiously moved into non-USD positions ahead of the U.S. CPI release. As a result, popular U.S. dollar alternatives like the Swiss franc picked up some momentum, even with geopolitical…
US lawmakers plan Denmark visit as Trump threatens Greenland takeover Source link
Is WTI crude oil gearing up for a major reversal? The energy commodity seems to have broken above the neckline of its double bottom pattern on the 4-hour chart. Check out these potential upside targets in case the uptrend gains traction! WTI Crude Oil (USOIL) 4-hour Chart by TradingView After a volatile start to the year, crude oil appears to be picking up on more bullish energy, possibly as a result of the fallout from the Venezuela crisis. At the same time, a bit of risk-taking thanks to improving U.S. economic data could be propping the energy commodity higher on…
The Order Flow Indicator MT4 bridges this gap by displaying real-time buying and selling pressure directly on your MetaTrader 4 charts. Instead of guessing where smart money is positioned, traders can observe actual transaction data as it happens, spotting accumulation and distribution patterns that precede major moves. What the Order Flow Indicator Actually Shows Order flow analysis tracks the actual transactions occurring in the market—who’s buying, who’s selling, and at what intensity. The MT4 version translates this tick-level data into visual representations that show volume at specific price levels. Unlike lagging indicators that rely on past closes, order flow reveals…