Gold sticks to modest gains amid bets that Fed may be done hiking interest rates

Gold price gains positive traction on Thursday amid sliding US bond yields and a weaker USD. Geopolitical tensions and China’s economic woes also contribute to the intraday positive move.  A further rise in equity markets caps any meaningful upside for the safe-haven precious metal. Gold price (XAU/USD) attracts fresh buying on Thursday, albeit lacking a

The bigger they are, the harder they fall

The dollar has been the frontrunner in the last few months and it owes much to a rout in the bond market. Soaring Treasury yields alongside a more robust economy helped to provide the necessary tailwind for the dollar to outperform its peers. But now, are we poised for a reversal and a stop to

Asia FX firms, dollar sinks on bets of no more Fed rate hikes By Investing.com

© Reuters Investing.com– Most Asian currencies strengthened on Thursday, while the dollar fell sharply after mixed signals from the Federal Reserve ramped up bets that the central bank will not raise interest rates further.  The was among the best performers for the day, surging 0.7% and blazing past weaker-than-expected .  Markets were growing increasingly confident

Bulls have the upper hand near 0.6430-35 area, over three-week high

Share: AUD/USD gains traction for the second straight day and climbs to over a three-week top. The post-FOMC USD selling bias turns out to be a key factor behind the ongoing move up. A move beyond the 50-day SMA and the 23.6% Fibo. supports prospects for further gains. The AUD/USD pair builds on

ADX Buy Sell MT4 Indicator

In the fast-paced world of financial markets, traders are constantly seeking tools and indicators that can help them make informed decisions. One such tool that has gained popularity among traders is the ADX Buy Sell MT4 Indicator. In this article, we will delve into the intricacies of this indicator, understanding how it works, and how

Chart Art: Uptrend-Consolidation Setups on USD/CHF?

It’s a new month, which means we’re likely to see lots of volatility for the Greenback thanks to a busy U.S. calendar. And that means there’s still potential for lots of short-term opportunity in USD pairs, including this up trending market on USD/CHF. Will the bulls stay in control? USD/CHF 1-Hour Forex Chart by TradingView

Walk-forward optimization library for MetaTrader: advanced options – Other – 1 November 2023

The function wfo_setAdvancedOptions accepts an integer value which is a bitwise set of flags, that is a specific bit enables specific feature. All supported flags are listed in the header file with corresponding values. #define WFO_FLAG_AUTO_CLOSE_SPLIT_TRADES 1 #define WFO_FLAG_MISMATCH_FIX_OFF        2 #define WFO_FLAG_STOP_ON_RANGE_VIOLATION 4 #define WFO_FLAG_CHECK_TICK_MODELLING    8 #define WFO_FLAG_STOP_ON_NONSTD_PARAMS  16 #define WFO_FLAG_RESUME_OPTIMIZATION    32 Multiple features can be enabled

Yen’s underperformance likened to Turkish lira and Argentinian peso By Investing.com

© Reuters. The Japanese yen, the world’s third most-traded currency, is underperforming, facing similar challenges as the Turkish lira and Argentinian peso over the past decade, according to George Saravelos of Deutsche Bank AG (NYSE:). Key factors such as weak yields and external accounts are pushing down the yen’s value. This year, the yen’s losses