This Aussie pair seems to be in correction mode, as price is closing in on the Fibonacci retracement levels and descending trend line. Is the long-term trend still our friend on this…
Month: April 2025
Daily Broad Market Recap – April 28, 2025
This week was off to a relatively quiet start in terms of economic data and global headlines, yet the U.S. dollar still staged a broad selloff later in the day. Here are…
Chart Art+: USD/JPY Testing Key Resistance at 144.00 After Bounce
USD/JPY has been experiencing notable selling pressure after a recent bounce from the 140.00 level, with bears potentially regaining control as price encounters resistance at the 38.2% Fibonacci level. Let’s take…
How to Turn Positive Thinking into Positive Trading Results
Being successful, whether it’s in trading, business, or even in parenting, takes a lot of personal development. You are continually tested by your surroundings (the forex market, your employees or coworkers, your…
FX Fundies Cheat Sheet for April 28 – May 2, 2025
We’ve got another week packed with major market movers, including the Bank of Japan policy decision, Canadian GDP figures, and US employment data.
Premium Watchlist Recap: April 22, 2025
This week, our currency strategists focused on the Euro Area Flash PMIs for April and their potential impact on the euro. Out of the four scenario/price outlook discussions this week, one discussion…
Chart Art: USD/CAD’s Trend Support Near a Major Area of Interest
USD/CAD is consolidating near a major area of interest! Will buying pressure at the level lead to the pair extending its long-term uptrend? Let’s take a closer look at the daily time…
News Trading and Price Manipulation: Dmitrij Molina’s Insights for Headway
Long and Short Price Manipulation Models (PMMs) are caused by increased volatility during economic data releases, also known as news events. They were discovered and studied over many years of trading experience…
Chart Art: Is Gold (XAU/USD) Forming a Reversal Pattern?
Is gold’s uptrend about to reach its end? On the hourly chart below, you can see that the precious metal is completing a head and shoulders formation. Here’s why I’m keeping this…
FX Weekly Recap: April 21 – 25, 2025
Currencies pivoted on US-China trade shifts, with safe-havens retreating after Bessent’s “de-escalation” comments sparked risk-on vibes.