A recent upswing took GBP/JPY above a key resistance zone, opening the door to a possible longer-term trend reversal. Is GBP/JPY gearing up for an upside breakout? Let’s check out the pair’s…
Month: February 2025
Dollar Surges on Hot CPI Print but Loses Steam as Traders Question Inflation Spike
The first U.S. CPI report of 2025 came in hotter than expected, with headline inflation rising 0.5% in January after December’s 0.4% increase. This pushed the year-over-year rate up to 3.0% from…
Daily Broad Market Recap – February 12, 2025
Consolidation was the name of the game early in the day, as market players were biting their nails ahead of the U.S. CPI release. Volatility picked up much later on, leading to…
5 Questions to Ask When Trading Trends
Unless you’re new to the trading scene, then you’ll know that trend trading is one of the most popular ways to trade assets. Because trends can continue to make money until they…
Chart Art: USD/CHF Nearing .9200 In Make Or Break Territory
JPow just hinted that the Fed isn’t in any hurry to cut interest rates further. Will this help push USD/CHF above a key resistance zone? We’re taking a closer look at the…
Daily Broad Market Recap – February 11, 2025
Market correlations appeared to break down once again, as asset classes struggled to find direction ahead of Powell’s and Trump’s testimonies. Gold retreated from its record highs while crude oil continued to…
Chart Art: Is Gold (XAU/USD) Back in Correction Mode?
Gold has been setting one record high after another lately, but it looks like the precious metal is ready for a major pullback. Are these support levels still about to hold? Take…
Daily Broad Market Recap – February 10, 2025
Asset classes and major forex pairs were all over the place, as the prospect of more U.S. tariffs kept market watchers on edge. Gold took advantage of all the uncertainty and hit…
Chart Art: EUR/CAD Closing in on Long-Term Support
Don’t look now, but this euro pair is within striking distance of its long-term range bottom. Will support still hold or are we in for a breakdown? Better keep your eyes on…
FX Watch: USD/CHF and NZD/USD Ranges in Case U.S. CPI Beats Forecasts
With the Fed taking a less dovish stance in their latest policy decision, will hotter U.S. inflation data further dampen rate cut expectations? Our Event Guide for the U.S. CPI…