Author: FX
Dollar holds gains on economic data, Fed bets; Aussie jumps on RBA hike Source link
The Spike Killer operates as a volatility filter that identifies abnormal price movements in real-time. Unlike standard indicators that smooth price data or follow trends, this tool focuses on detecting outliers—those sharp moves that appear suddenly and often disappear just as fast. At its core, the indicator calculates the standard deviation of price movement over a specified lookback period. When the price moves beyond a threshold (typically 2-3 standard deviations), the indicator marks it as a potential false move. Traders see this as a visual alert—usually a colored dot or line—that suggests caution rather than immediate action. The logic is…
The Engulfing Candle MT5 Indicator solves this by automatically identifying these powerful reversal patterns in real-time, letting traders focus on execution rather than candle-by-candle analysis. This tool doesn’t just highlight engulfing candles—it filters them based on customizable criteria, helping separate genuine reversal signals from noise in choppy markets. What Engulfing Patterns Actually Tell You An engulfing candle forms when the current candle’s body completely engulfs the previous candle’s real body, regardless of wick length. Bullish engulfing appears when a green candle swallows a red one, typically signaling buyers overpowering sellers. Bearish engulfing works in reverse—a red candle consuming a green…
NZD/USD has just printed a classic longer-term trend signal that many traders watch closely . Even though today’s price action shows a pullback and the immediate candle may look hesitant, its moving averages are pointing to potential underlying strength and a shift in how the medium-term trend is developing. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts as the basis for a mini-lesson, breaking down what each alert means, why it matters, and how traders might interpret it. The goal is to help beginner…
Goldman Sachs says gold’s rally is structurally driven by central bank dollar diversification, not speculative excess, supporting a long-term role for the metal in portfolios.Summary:Goldman Sachs sees gold’s surge as structurally driven, not speculative excessCentral bank diversification away from the US dollar is the key catalystGold markets are small, amplifying the price impact of incremental demandSpeculative positioning remains limited relative to historical episodesGoldman favours a barbell approach pairing equities with gold, not bondsGoldman Sachs says gold’s powerful rally through 2025 and its strong start to 2026 reflect deep structural forces rather than speculative excess, with central bank reserve diversification emerging…
US President Donald Trump announced the creation of a US critical mineral reserve, Reuters reported on Monday. Trump further stated that the initiative will combine $10 billion in financing from the US Export-Import Bank (EXIM) and $2 billion from the private sector. “Today, we’re launching what will be known as Project Vault to ensure that American businesses and workers are never harmed by any shortage,” Trump said at the White House.Trump added that this move is aimed at cutting America’s dependence on China for materials essential to electric vehicles, defense systems and advanced technology.Market reaction As of writing, the AUD/USD pair is…
Australia’s December CPI report came in significantly hotter than expected, briefly spurring Aussie rallies before mixed market dynamics and FOMC uncertainty created choppy price action ahead of the Federal Reserve’s policy decision. Which AUD strategies moved beyond the watchlist stage, and how did the combination of sticky inflation data and evolving risk sentiment impact the outcomes? Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high-quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they…
The Reserve Bank of Australia could be the first major global central bank to hike rates in this cycle.We are set to get a decision on the cash rate at 10:30 pm ET and the consensus is for a 25 basis point hike to 3.85%. It’s far from a sure thing as economists only shifted their calls over the past couple weeks as inflation and jobs data beat estimates. The market remains uncertain with about a 75% chance of a hike priced in.Of the 31 economists in the Reuters survey, 24 expected a hike and 7 are forecasting no change.…
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said that no one is projecting a worsening of the labor market and that by midyear, the economy will have reached an equilibrium, at the Rotary Club of Atlanta on Monday.Key takeawaysUS economy looks resilient even before accounting for tax bill breaks, deregulation.The outlook for 1h of 2026 is for strong economic performance, inflation to stay high and a source of concern.No one is projecting worsening of labor market.By midyear, will have reached an equilibrium with economy.Fed chair job is a very large job.To have policy go in a direction you…
Today’s stock market exhibits a mix of excitement and trepidation as major movers and sectors paint a varied picture. While certain stocks encounter challenges, others revel in unexpected gains, crafting an intriguing trading landscape.🚗 Auto Manufacturer Impact: Tesla Takes a DiveA significant focal point is the 2.95% dive seen in Tesla (TSLA). The auto sector’s woes ripple across, suggesting investor apprehension possibly tied to broader market rumors or recent reports affecting major manufacturers.💾 Technology & Software Resilience: Spotlight on OracleBuoying the tech sector, Oracle (ORCL) emerges as a beacon with a 3.67% rise, showcasing strong stability. This upward move suggests…