Author: FX
The Wilder Volatility System MT4 Indicator is built around Wilder’s famous volatility principles, combining average true range (ATR) calculations with trend movement. It measures how much the price moves over time, helping traders spot high or low volatility zones. When volatility increases, traders can prepare for possible breakouts. When it decreases, they can expect sideways movement or consolidation. This simple yet effective system provides a clearer picture of market behavior. How It Works in Real-Time Trading The indicator automatically plots volatility-based levels on the MT4 chart. These levels act as dynamic support and resistance zones. When price action moves beyond…
After the Tuesday drop, gold is seen picking itself back up again in the past few sessions as it nudges back to around $3,980-90 levels. That being said, the price momentum seems to be falling short of contesting the $4,000 mark. So, what gives?Looking at the near-term chart, we can see that the key hourly moving averages are still being very much respected for now. Sellers are holding the line, quite literally, and that’s keeping any further rebound in gold in check for now.Gold (XAU/USD) hourly chartThe confluence of the 100 (red line) and 200-hour (blue line) moving averages is…
Gold (XAU/USD) is trading with a positive bias for the second straight day on Thursday, though it lacks bullish conviction and remains below the $4,000 psychological mark through the Asian session. Investors remain worried about the potential economic fallout from a prolonged US government shutdown. This, in turn, caps the recent US Dollar (USD) rally to its highest level since late May and turns out to be a key factor acting as a tailwind for the commodity. Apart from this, geopolitical uncertainties lend support to the safe-haven precious metal.The XAU/USD bulls, however, seem reluctant to place aggressive bets on the…
Bank of Canada (BOC) Governor Macklem thinks Canada’s labor market is “soft” despite September’s blockbuster reading. Will October’s numbers support the BOC head honcho’s claims? More importantly, how might CAD react to the results? Here are points to know if you’re trading Friday’s data release! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link
The U.S. private sector added 42,000 jobs in October, according to the latest ADP National Employment Report released this week, marking a return to positive job growth after two consecutive months of losses and exceeding economists’ expectations of 37,500 new positions. Key Takeaways Private sector employment increased by 42,000 jobs in October, rebounding from revised losses of 29,000 jobs in September and 3,000 in August Annual pay growth held steady at 4.5% for job-stayers and 6.7% for job-changers, unchanged from September Job gains were concentrated in three sectors: Trade, transportation, and utilities led with 47,000 new positions, followed by education…
The Kolier Super Trend Indi is designed to help traders spot trend reversals and continuation points with ease. It uses a combination of price action and volatility to calculate trend direction, displaying it visually through colored lines on the chart. When the trend changes, the color of the line also shifts, signaling a potential buying or selling opportunity. This makes it easier for both beginners and experienced traders to stay aligned with the market’s momentum. Key Features and Benefits This indicator simplifies the trading process by filtering out market noise and focusing only on strong trends. It adapts to various…
Rabobank expects the Japanese yen to strengthen over the next few months as markets anticipate another Bank of Japan rate hike, a move that could ease pressure for official currency intervention. In a note to clients, senior FX strategist Jane Foley said the yen’s recent weakness against the U.S. dollar raises the risk that Japan’s Ministry of Finance might step in to support the currency if losses persist.However, Foley said growing speculation about a possible BoJ rate increase in December could help the yen recover before intervention becomes necessary. Rabobank forecasts the dollar will fall to ¥147 within three months,…
The GBP/JPY shows signs of recovery on Wednesday, trades above the 50-day Simple Moving Average (SMA) of 200.97, after hitting a daily low of 199.61 earlier in the session. At the time of writing, the pair trades at 201.10, up 0.53%.GBP/JPY Price Forecast: Technical outlookThe GBP/JPY seems poised to consolidate further below 202.00 unless buyers gain momentum, which seem far from happening as shown by the Relative Strength Index (RSI).The RSI is edging further below its 50 neutral level an indication that bears are stepping in.If GBP/JPY tumbles below 201.00 the next support would be 199.61 ahead of the October…
Markets rebounded on Wednesday as easing U.S.-China trade tensions provided fresh momentum, with China’s confirmation of tariff suspensions on U.S. goods helping to lift risk appetite following Tuesday’s tech-driven selloff. Equities staged a recovery rally while traders also assessed mixed economic signals and awaited the Supreme Court’s hearing on tariff legality. The session featured stronger-than-expected U.S. services sector data that temporarily lifted Treasury yields and the dollar, though both pared gains later in the day. Bitcoin bounced back above $100,000 after dipping below that psychological level overnight. Check out the forex news and economic updates you may have missed in…
New Zealand just released its employment report for the September 2025 quarter, and while the numbers came in somewhat as expected, they painted a grim picture of a labor market that’s still struggling to find its footing. For one thing, the unemployment rate climbed to 5.3%, which is its highest level since December 2016. Not surprisingly, the New Zealand dollar tumbled immediately, falling over 1% against the U.S. dollar, hitting its lowest level since April. Here’s what happened, why it matters for forex traders, and what to watch in the coming weeks as the Reserve Bank of New…