Author: FX

The Hull Suite isn’t a single line on a chart. It’s a collection of components built around the Hull Moving Average (HMA) calculation method. Most versions include three main elements: the HMA line itself, color-coded candles or bars that shift based on trend direction, and background zones that highlight bullish or bearish conditions. The core innovation comes from Alan Hull’s weighted moving average formula, which applies double smoothing with different period adjustments. This creates a responsive line that hugs price action more closely than traditional moving averages. When paired with the visual components—green candles during uptrends, red during downtrends—the Hull…

MUFG’s Lloyd Chan notes that easing Middle East tensions have supported Asian currencies against the Dollar and highlights that further de-escalation could extend Asia FX gains. Chan remains constructive on Chinese Yuan (CNY), Malaysian Ringgit (MYR) and Singapore Dollar (SGD), citing supportive fundamentals and technicals versus the Dollar. He expects the Ringgit to benefit from CNY strength, with today’s Bank Negara Malaysia (BNM) meeting seen as a non-event as the policy rate is likely held at 2.75%, while cautious on further USD/IDR upside, citing Bank Indonesia’s (BI) stabilisation stepsRinggit catch up, IDR supported”Asian currencies strengthened against the dollar, led by…

Rubio to meet Pope Leo as Trump keeps up attacks on pontiff Source link

Earlier this week, gold surged 3.17% to a fresh all-time high while oil crashed and stocks rallied on positive geopolitical news. If you’ve been told that gold is a “fear trade” that rises when investors panic and falls when they’re feeling good, this session probably left you scratching your head. Learn why gold doesn’t always act as a safe-haven asset and how dollar weakness can drive gold prices independently of risk sentiment. What Actually Happened? During the U.S. session of May 6, 2026, gold did something that looked, on the surface, a little weird. The precious metal surged approximately 3.17%…

The U.S. Iran war has kept oil prices elevated and made companies more cautious about hiring since February, so April’s payrolls report will be the first real test of whether all that uncertainty is starting to show up in the labor market. Here’s what the data could mean for the dollar, and which setups may be worth keeping on the radar. Source link

Trump advisers are privately worried the Iran war’s fuel cost surge will cost Republicans at November’s midterms, as U.S. airlines face a 30% jump in fuel bills and airfares hit $570 for a domestic round trip, the Wall Street Journal (gated) reports.Summary:Trump administration advisers are privately concerned that surging fuel costs stemming from the Iran war will carry a political price for Republicans in November’s midterm elections, with many eager to end the conflict before prices damage the party’s standing, according to people familiar with the matter cited by the Wall Street JournalU.S. airlines spent more than $5 billion on…

A double top pattern appears to have formed on CAD/JPY’s daily time frame, and price is currently testing the neckline support. Will we see a reversal soon? Source link

With the Bank of Canada (BOC) still holding a balancing act between strong inflation and weak growth, will the upcoming jobs report tip the scales in a clearer direction? Expectations are for a slightly faster pace of increase in hiring, though underlying metrics might not be so rosy. Here’s what to look out for in this top-tier release. Source link

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8487 compared to the previous day’s fix of 6.8562 and 6.8087 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese…

The non repaint reversal indicator MT5 addresses this exact problem. Unlike traditional oscillators that recalculate historical values, this tool locks in signals once they form. When it shows a reversal, that signal stays put—even if price action gets choppy. For traders tired of phantom signals and backtest illusions, this indicator offers something different: consistency between what you see in testing and what you get in live markets. What Makes This Indicator Different The term “non repaint” isn’t just marketing speak—it’s a fundamental structural difference. Most reversal indicators calculate values based on incomplete bars, then adjust those calculations when new price…