Author: FX

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…

The Know Sure Thing MT4 Indicator was created to reduce that confusion. It focuses on momentum and trend direction to help traders spot stronger trade opportunities. Instead of reacting emotionally, traders can rely on structured signals that support smarter decisions and a more disciplined trading approach. Understanding How the Indicator Works The Know Sure Thing MT4 Indicator is based on momentum analysis, combining multiple smoothed rate-of-change calculations. It measures market strength rather than short-term noise, making it easier to identify real trend movements. When the indicator moves above or below its signal line, it suggests potential buying or selling pressure.…

The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade within a prescribed band around a central reference rate, or midpoint, set each trading day by the PBOC. The current trading band permits the currency to move plus or minus 2% from the official midpoint during onshore trading hours. Each morning, the PBOC determines the…

The GBP/JPY rises on Monday, courtesy of a risk-off mood that weighed on safe-haven peers like the Japanese Yen and the Dollar, which are trading softer against most currencies. At the time of writing the cross-pair trade at 212.88 up 0.61%. Japanese Yen Price This week The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies this week. Japanese Yen was the strongest against the Australian Dollar. USDEURGBPJPYCADAUDNZDCHFUSD-0.03%-0.02%-0.06%0.00%0.06%-0.08%-0.05%EUR0.03%0.02%-0.04%0.03%0.10%-0.03%-0.01%GBP0.02%-0.02%-0.02%0.02%0.08%-0.07%-0.01%JPY0.06%0.04%0.02%0.05%0.11%-0.05%0.02%CAD-0.01%-0.03%-0.02%-0.05%0.06%-0.09%-0.02%AUD-0.06%-0.10%-0.08%-0.11%-0.06%-0.14%-0.09%NZD0.08%0.03%0.07%0.05%0.09%0.14%0.06%CHF0.05%0.01%0.00%-0.02%0.02%0.09%-0.06% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked…