Will the Bank of Japan (BOJ) sit on its hands for yet another meeting? Pressure seems to be coming from the political and economic fronts for policymakers to support growth while…
Category: Forex
FX Watch: AUD/NZD and AUD/CHF Support Zones In Case Australia’s CPI Beats Estimates
Do you think Australia could post another hotter-than-expected CPI report and keep hawkish RBA expectations in play? Our Event Guide for the Q3 Australian CPI release suggests that another upside…
Daily Broad Market Recap – October 28, 2024
The coast was clear in terms of top-tier economic releases on Monday, but there was no shortage of major moves among major asset classes. Check out the headlines that are driving price…
Chart Art: USD/CHF Is Facing A Major Resistance At .8700!
USD/CHF can’t seem to bust through a key technical resistance zone! Is it time to short the Greenback against its fellow safe haven? We’re taking a closer look at the daily chart!…
FX Watch: AUD/USD And AUD/CAD To Make New Weekly Lows On Cooler AU CPI?
Australia is about to print its Q3 inflation data! Our Event Guide for Australia’s Q3 2024 CPI suggests that we could see cooler price pressures compared to the previous quarter as…
Event Guide: Australia’s CPI Report (Q3 2024)
Will the upcoming Australian CPI release reinforce the RBA’s monetary policy stance? Or will the inflation numbers convince policymakers to change their bias in their next meeting? Here’s what…
4 Ways to Limit Distractions for Home-Based Traders
It’s 9:00 pm. After a long day at work, Jimmy switches on his laptop and turns on the TV to catch the latest Wandavision episode. He’s in the mood to do a…
Chart Art: QQQ (Nasdaq 100 ETF) Rising Wedge Pattern In Focus
The tech-heavy Nasdaq 100 ETF (QQQ) finds itself at a critical technical juncture just as tech giants prepare to release earnings! Will strong tech earnings fuel a sustained breakout above the rising…
Chart Art: GBP/USD’s Potential Trend Pullback Levels
Cable has just halted a downswing around a potential technical support zone. Will GBP/USD find enough demand at the level to extend a long-term trend? We’re checkin’ out the daily chart! GBP/USD…
Week Ahead in FX (Oct. 28 – Nov. 1): Global GDP and Inflation Reports, Plus BOJ and U.S. Jobs Updates
With a full slate of GDP, inflation, and central bank updates, markets are set for a whirlwind of economic insights this week. As the BOJ, global data releases, and U.S. job…