Abiroid’s Free Bollinger Bands Slope Explained

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Get the product here: https://www.mql5.com/en/market/product/124185/ This is a slope indicator for Bollinger Bands indicator. It provides slopes for BB top band, center band (main) and Lower Band. You can also set a threshold value for Center line to control Red/Green slope histogram lines.   Here’s what the indicator look like: Slope Threshold: for indicating crossed […]

UBS forecast gold to USD2900 | Forexlive

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UBS gold forecasts from a note on rising conflict in the Middle East: end of 2024 forecast is to USD 2,750 by Q4 2025 to USD 2,900 In brief from the note: anticipate that global markets will face occasional disruptions but do not foresee a full-scale conflict between Israel and Iran expect energy flows from […]

Gold price rallies as Middle East tensions escalate

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Gold rises over 1% after Iran launched missiles at Israel, intensifying Middle East conflict. Market focus shifts from strong US jobs data to geopolitical uncertainty, driving risk aversion and boosting safe-haven demand for Gold. A daily close below $2,665 could trigger a pullback, but ongoing tensions keep bullish momentum alive for new record highs. Gold […]

September did not disappoint | Forexlive

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A difficult start does not always lead to a dismal end, especially in the markets. September started on a bleak note, but by the end of the month, the indices had performed surprisingly well. To clarify, they stumbled after hearing that the manufacturing sector had declined for the fifth month, along with disappointing labor market […]

Safe havens gain on reports of imminent Iran attack on Israel By Reuters

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By Karen Brettell (Reuters) – Safe haven currencies the Japanese yen and Swiss franc gained on Tuesday after news reports that Iran is preparing to imminently launch a ballistic missile attack against Israel, while U.S. jobs data showed a resilient labor market. A senior White House official said on Tuesday that the United States is […]

US Dollar gains in volatile day with geopolitics and US data as main drivers for this Tuesday

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The US Dollar sees overnight comments from Fed Chairman Powell trigger a change in US Dollar sentiment.  In the Middle East, rumours on Iran set to launch ballistic missiles into Israel triggers risk off.  The US Dollar Index prints a seven-day high ahead of ISM Manufacturing PMI data.  The US Dollar (USD) sees traders ignoring […]

USDJPY Technical Analysis – Eyes on the US data this week | Forexlive

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Fundamental Overview The US Dollar got a bit of a boost yesterday as Fed Chair Powell reiterated that 50 bps of easing by year end remains the base case. The market’s probability for the Fed to cut by 50 bps in November fell from 51% to 40%. Moreover, overnight the BoJ Summary of Opinions showed […]

USD/JPY gains, but Ishiba tones down hawkish bias By Investing.com

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Investing.com – The recent nomination of incoming Japan Prime Minister Shigeru Ishib has prompted gains in the yen, but UBS doubts his appointment will substantially alter the speed of yen appreciation.  At 05:00 ET (09:00 GMT), traded 0.1% higher at ¥143.81, after falling as low as ¥142.09 on Friday after Ishiba won the leadership contest […]

Full description of the Liquidity Zones EA parameters

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GENERAL TRADE SETTINGS Unique identifier for orders: Unique identifier for orders. Description: This unique number identifies the orders executed by the EA, allowing for easier management and tracking when multiple strategies or robots are working simultaneously. Consideration: Ensure that this number is different for each instance of the EA operating on the same account. This […]

USD: Powell pushes back against 50bp hike – ING

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Fed Chair Jerome Powell explicitly pushed back against a 50bp rate cut by year-end, and Israel started a ground offensive in Lebanon. In other conditions, the US Dollar (USD) would have rallied on such a combination of events, but sensitivity to Fedspeak and Middle East turmoil has been reduced, ING’s FX strategist Francesco Pesole notes. […]