If you were to ask a group of profitable forex traders what the secret to their success is, chances are that you’ll hear the word “consistency” more than once. Unfortunately, achieving consistency…
Category: Forex
Event Guide: Australia’s Employment Report (September 2024)
Will Australia’s September jobs data support the RBA’s insistence that its labor market remains relatively tight? More importantly, what are the markets expecting from the event, and how does AUD usually…
FX Watch: AUD/CAD and AUD/JPY Opportunities if Australia’s Jobs Data Misses
The Land Down Under is ready to release its September jobs report soon, and I’m looking at these potential AUD plays in case the actual numbers fall short. Expectations are for…
Event Guide: ECB Monetary Policy Statement (October 2024)
Are ECB head Lagarde and her fellow policymakers gearing up for yet another rate cut? Here’s what markets are expecting for the upcoming ECB decision and how EUR pairs may react….
FX Watch: AUD/NZD and AUD/CHF Bullish Setups on Tight Aussie Jobs Data
Our Event Guide for Australia’s September jobs report suggests job growth may continue, though at a slower pace. Stronger-than-expected numbers would back the RBA’s stance that the labor market is still…
Daily Broad Market Recap – October 15, 2024
Some risk-off flows were seen in the markets, as crude oil continued to sink and U.S. equity indices ended in the red. Meanwhile, volatility picked up in the forex arena due to…
New Zealand CPI Fell to RBNZ’s Target Range in Q2 2024
New Zealand’s quarterly CPI reading came in slightly weaker than expected at 0.6% versus 0.7% in Q2 2024, bringing the annual inflation reading down from 3.3% to 2.2% – well within the…
Chart Art: EUR/JPY’s Range Resistance Remains Intact!
Euro bears are holding their ground against the yen ahead of the ECB’s policy announcement! Think EUR/JPY will keep inside its range pattern in the next trading sessions? Or is the pair…
FX Watch: NZD/USD And AUD/NZD’s Opportunities In Case Of Cooler New Zealand Inflation
New Zealand is about to drop its Q3 inflation numbers! Today we’re looking at NZD/USD and AUD/NZD possibly extending their October trends in the event that New Zealand’s price pressures come…
FX Watch: NZD/JPY and NZD/CAD Setups in the Event of Hotter NZ CPI
New Zealand is gearing up to print its quarterly inflation figures that are likely to influence RBNZ policy expectations. Can an upside surprise put an end to their easing cycle…