Author: FX

US says it has busted major fentanyl trafficking network Source link

The Simple Decycler Oscillator is a technical analysis tool created to filter out the “chop” from price action. It does this by removing cyclical market noise and highlighting the dominant market direction. Traders who use the MT4 platform find this indicator especially useful because it provides clear visual cues that help in making better trading decisions. It’s not magic—it’s math. The indicator takes price data, processes it using a decycling technique, and then plots it in a smoother, easier-to-read format. This allows traders to spot trends or reversals without second-guessing. Why Traders Like It One big reason traders favor the…

Prior 0.0%There were increases across the board with orders for capital goods (+3.7%), intermediate goods (+2.5%), and consumer goods (+8.7%) all seen higher on the month. Even if you strip out large orders, new orders were 3.2% higher compared to February. This article was written by Justin Low at www.forexlive.com. Source link

Gold prices fell in Saudi Arabia on Wednesday, according to data compiled by FXStreet. The price for Gold stood at 407.62 Saudi Riyals (SAR) per gram, down compared with the SAR 413.81 it cost on Tuesday. The price for Gold decreased to SAR 4,754.42 per tola from SAR 4,826.65 per tola a day earlier. Unit measure Gold Price in SAR 1 Gram 407.62 10 Grams 4,076.22 Tola 4,754.42 Troy Ounce 12,678.26 FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken…

The Variance V2 MT4 Indicator is a custom-built tool designed for MetaTrader 4, a popular trading platform forex traders use. It helps analyze price volatility by measuring how much the price moves away from the average. Instead of relying only on standard indicators like RSI or MACD, this tool gives traders a unique view of market strength and possible turning points. The idea is simple: when variance is high, the market is unstable. When it’s low, the price might be preparing for a breakout. Why Traders Like It Many traders like the Variance V2 because it doesn’t overload the chart…

Are Fed policymakers about to give in to Trump’s pressure to lower interest rates? Or will they maintain their relatively neutral stance for now? Here are the main points to take note of when trading the May FOMC decision. 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

Risk aversion dominated Tuesday’s trading with stocks falling, gold hitting record highs, and Treasury yields dropping as the record US trade deficit underscored tariff concerns, while oil rebounded on Middle East tensions between Israel and Yemen. But late-session optimism surged when Treasury Secretary Bessent and Trade Representative Greer announced plans to meet Chinese Vice Premier He Lifeng in Switzerland, triggering a dollar recovery ahead of Wednesday’s pivotal Fed decision, where rates are expected to remain unchanged despite ongoing economic uncertainty. Here are headlines you may have missed in the last trading sessions: Headlines: Australia building permits for March: -8.8% m/m…

New Zealand’s quarterly employment report showed a 0.1% uptick in hiring as expected in Q1 while the unemployment rate held steady at 5.1% instead of rising to 5.3%. Meanwhile, the labor force participation rate slowed from 71% to 70.8% while the labor cost index fell short of estimates at a 0.4% quarter-on-quarter increase instead of the estimated dip from 0.6% to 0.5%. Key components of the Q1 2025 report: Employment change: +0.1% q/q as expected, previous reading downgraded from -0.1% to -0.2% Unemployment rate steady at 5.1% vs. expectations of increase from 5.1% to 5.3% Labor force participation rate down…

Is CHF/JPY’s trend still our friend or has it reached the bend at the end? A double top chart pattern can be seen on its 4-hour time frame with the pair still waiting to get downtrend confirmation. Better keep this potential reversal formation on your radar in case we get a neckline break! CHF/JPY 4-hour Forex Chart by TradingView Just last week, the Bank of Japan turned its hawkishness down a notch in their May policy statement, leading to a sharp dip for the yen. Its selloff against the Swiss franc did not last long, though. After all, the Swiss…

The Adaptive Moving Average (AMA) is a more advanced form of a moving average that adjusts to changing market conditions. Unlike traditional moving averages, which use a fixed period to smooth out price data, the AMA dynamically adapts based on recent price volatility. This adjustment makes the AMA more responsive to rapid price movements, allowing traders to capture trends more accurately. Traditional moving averages are often criticized for their lagging nature. Since they rely on historical data, they can delay signals, causing traders to enter or exit positions too late. The AMA overcomes this issue by being sensitive to volatility.…