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…
Month: February 2025
FX Watch: NZD/JPY and NZD/CAD’s Bearish Setups In Case Of A Dovish RBNZ Event
Errbody and their momma expect the Reserve Bank of New Zealand (RBNZ) to cut interest rates this week. But our Event Guide for the RBNZ Decision points out that the central…
Chart Art: Is Gold (XAU/USD) Ready To Extend Its Uptrend?
Spot gold took a breather after making record highs near $2,940 last week. Is the yellow metal ready to extend its uptrend? We’re taking a closer look at the 4-hour time frame…
Event Guide: U.K. CPI Report (January 2025)
After the Bank of England’s (BOE) “dovish split” decision earlier this month, market watchers are on the lookout for data that could tilt the odds in favor of more rate cuts. …
FX Watch: NZD/USD and EUR/NZD Areas of Interest for the RBNZ Decision
The possibility of an RBNZ interest rate cut has been priced in for months already, so will we see rallies from profit-taking after the actual announcement? Our Event Guide for…
Daily Broad Market Recap – February 17, 2025
With the U.S. out on a bank holiday, traders focused on global headlines and the possibility of increased defense spending by NATO allies amid Russia-Ukraine peace talk preparations. How did the major…
3 Simple Ways to Boost Concentration While Trading
You can be highly motivated to trade, have abundant capital, and have a dummy-proof trading system, but you can still encounter losses if you fail to concentrate. Even had a hard time…
FX Watch: AUD/JPY And AUD/CAD Resistance Setups If RBA Turns Dovish
Our Event Guide for the RBA’s February decision notes that leading indicators and the Bank’s dovish guidance in December could lead to a 25bps rate cut this week. If the RBA…
What Are Prop Firms & How Do They Benefit Traders?
If you’ve ever dreamed of trading with big money but don’t have a huge bankroll, prop firms might be the opportunity you’re looking for. These firms allow traders to access significant capital…
FX Watch: GBP/AUD and AUD/NZD Setups for a Less Dovish RBA
An interest rate cut appears to be in the cards for the RBA this week, but what if the central bank downplays future easing moves? Our Event Guide for the…