Intraday Analysis – Gold Bounces on CPI and FOMC – Orbex Forex Trading Blog

The HHLL indicator, a mainstay for many MT4 users, simplifies trend identification by visually highlighting key turning points in price action. But what exactly does it do? At its core, the HHLL indicator recognizes swing points, which are temporary highs and lows in price movements. These swings act as guideposts, revealing the underlying direction of…

A busy trading calendar meant that the major assets were exposed to asset-specific catalysts and new market themes! Which headlines caught the investors’ attention and how did your favorite assets trade? Let’s break down the major market moves on Thursday: Headlines: Japan trade balance shifted to a deficit of JPY 294.24 billion in September 2024,…

XBO.com has integrated Muinmos’ SaaS platform into its crypto exchange to ensure advanced security and compliance. Muinmos’ powerful platform integrates key KYC components, client classification and risk assessments. It also provides ongoing monitoring. Muinmos’ technology strengthens XBO.com’s risk management capabilities, enabling the crypto exchange to better monitor transactions, identify suspicious behaviour and prevent potential security…

The Reserve Bank of Australia (RBA) lowered its benchmark interest rate by 25 basis points to 4.10%, marking its first rate cut since late 2020 as inflation shows signs of moderating more quickly than anticipated. The central bank, however, struck a cautious tone about future policy easing. Although the official  statement emphasized that monetary policy…

A stop loss and take profit indicator automatically calculates and displays exit levels for your trades based on customizable risk parameters. Unlike manually placing stops, this tool uses mathematical formulas—typically ATR (Average True Range), percentage-based calculations, or fixed pip distances—to determine where your protective stop and profit target should sit. The indicator plots these levels…

No significant changes have been observed in the USD/JPY pair. The price hasn’t shown any notable movement over the past day, keeping the current wave scenario intact. In the near future, a slight increase towards the upper boundary of the channel is expected. This boundary also serves as the…