Earlier this month, we spotted a trading opportunity when EUR/JPY tested a long-term support zone. Since then, the pair jumped about 500 pips before pulling back to retest that support area. Let’s…
Month: February 2025
FX Fundies Cheat Sheet for Feb. 24 – 28, 2025
Forex markets face a pivotal week ahead as traders digest potential U.S. trade tariffs, German election results, and key inflation data.
Premium Watchlist Recap: February 17 – 18, 2025
This week our currency strategists focused on the monetary policy statements from the Reserve Bank of Australia and Reserve Bank of New Zealand for potential high-quality setups in the comdolls. Out of…
Global Market Weekly Recap: February 17 – 21, 2025
Geopolitical developments continued to be a driving force in the markets, initially triggering some risk-on flows before sentiment data turned traders sour on Friday.
FX Weekly Recap: February 17 – 21, 2025
The majors were all about trade tensions and central banks’ moves this week, while market sentiment was all over the place as traders tried to make sense of geopolitical headlines.
4 Questions to Ask When Planning Trade Exits
If you browse through online communities and forex forums, you’ll notice that the majority of trade discussions revolve around entering trades. But while it’s very important to know how and when to…
Chart Art: NZD/JPY Reversal Chart Pattern Forming
Is the Kiwi getting tired from its decline? Or are we about to see a continuation of the longer-term downtrend? Here’s a classic reversal chart pattern I’m keeping on my radar in…
Daily Broad Market Recap – February 20, 2025
Dollar bears painted the town red throughout the day while crude oil rallied and reversed on supply and demand dynamics. Gold briefly touched a new record high as it inched closer to…
Chart Art: Is Bitcoin (BTC/USD) Gearing Up for a $100K Retest?
Bitcoin has found support just above a longer-term range bottom. Does this mean the OG crypto is ready to test higher areas of interest? We’re looking at the big $100,000 mark on…
Australian Economy Added 44K Jobs in January, But Jobless Rate Still Ticked Higher
Australia’s labor market reported stronger than expected hiring growth of 44K in January versus expectations of a 19.4K gain, buoyed by robust full-time employment. However, the jobless rate still rose from 4.0%…