Author: FX

Gold prices fell in United Arab Emirates on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 380.95 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 383.82 it cost on Tuesday. The price for Gold decreased to AED 4,443.28 per tola from AED 4,476.77 per tola a day earlier. Unit measure Gold Price in AED 1 Gram 380.95 10 Grams 3,809.47 Tola 4,443.28 Troy Ounce 11,848.84   Daily Digest Market Movers: Gold price continues to be pressured by trade optimism US President Donald Trump said on Monday that he does not see…

Will Australia’s job market miss market expectations? Our Event Guide for Australia’s Jobs Report suggests we could see modest improvement in April, but there are growing signs that Australia’s employment data could disappoint. This week, we’re exploring potential setups for GBP/AUD and AUD/USD if tomorrow’s employment figures fall short of expectations: 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 Simple Regression Channels MT4 Indicator is a technical analysis tool designed to help traders visualize the direction and strength of a market trend. It plots a central regression line based on recent price data, along with two parallel lines above and below it. These lines create a channel that shows where the price is likely to move, bounce, or reverse. It’s especially helpful for traders who want a quick view of the market’s movement without adding too many complicated tools to their charts. Why Traders Like Using This Indicator One big reason traders like this indicator is that it…

Are we about to see a strong upside surprise in Australia’s employment numbers? Our Event Guide for Australia’s Jobs Report points out that business PMI surveys and job advertisements saw gains in April, possibly yielding a sharper rebound in hiring. If so, here are the potential support zones on AUD/JPY and AUD/CAD that I’m keeping on my radar! 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

Australia is expected to report a modest pickup in hiring for April after the previous two months’ employment data fell short. Are we about to see another headline miss that could shore up dovish RBA expectations? Here are the points you need to know about the upcoming jobs 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

Spot gold (XAU/USD) is testing a multi-month support zone! Is this where the bulls make a stand, or are we about to see a downside breakout? We’re diving into the 4-hour chart for more clues: Gold (XAU/USD) 4-hour Chart by TradingView Gold demand has cooled recently, thanks to easing global trade tensions and a rebound in the U.S. dollar. Meanwhile, improving U.S. trade prospects and the Fed’s cautious stance on further rate cuts are keeping the dollar supported for now. Remember that directional biases and volatility conditions in market price are typically driven by fundamentals. If you haven’t yet done…

Thailand's worsening outlook led to April rate cut, central bank minutes show Source link

Global trade developments were still front and center on Tuesday, although the market spotlight also turned to top-tier economic releases. In particular, the U.K. jobs report and the U.S. CPI figures caused major waves among asset classes, as the former surprised to the upside while the latter fell short of estimates. Here are headlines you may have missed in the last trading sessions! Headlines: Bank of Japan Summary of Opinions (April 30-May 1 meeting) signaled an intention to hike rates further Trump’s economic adviser Hassett announced there are 24 more countries lined up for trade talks over the weeks U.S.…

This powerful MT4 tool combines three moving averages—usually short, medium, and long-term—and displays them from multiple timeframes on a single chart. Instead of switching between different charts, traders can see trend alignment right away. The indicator uses color changes and line placement to signal trend direction and strength, making it beginner-friendly but still useful for experienced traders. Why Multi-Timeframe Analysis Matters Most indicators work on just one chart. But price action behaves differently on each timeframe. A pair might be trending up on the 15-minute chart while moving sideways on the 4-hour chart. Without a full picture, traders may enter…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…