Remember the resistance zone we marked a few days ago? Well, WTI crude oil has broken above the area! This time, we’re looking at the possibility of a break-and-retest situation: WTI Crude…
Category: Forex
Daily Broad Market Recap – October 8, 2024
A lack of top-tier data releases left the major assets room to continue pricing in existing market themes on Tuesday. Can you guess which assets saw further adjustments? Let’s discuss: Headlines: RBA’s…
FX Watch: USD/CHF & AUD/USD Setups for an Upbeat U.S. CPI
Expectations for aggressive Fed easing appear to be fading these days, so will the upcoming CPI release further convince the U.S. central bank to shed its dovish feathers? Market analysts are…
Event Guide: U.S. CPI Report (September 2024)
Markets aren’t exactly hoping for another 0.50% Fed rate cut anytime soon, but can the upcoming U.S. CPI report still change the game? Slightly weaker price pressures are eyed for…
Chart Art: Will USD/CAD’s Range Resistance Hold?
Dollah traders huddle up! USD/CAD’s upswing is hitting a ceiling around a key technical resistance area. Will the pair maintain its range pattern? Or will we see a breakout? USD/CAD 4-hour Forex…
Daily Broad Market Recap – October 7, 2024
No big data? No problem! Markets started the week on a high after Friday’s NFP report, but it wasn’t long before worries over Middle East tensions, shrinking Fed rate cut chances, and…
4 Simple Ways To Set Yourself Up For Trading Success
It is said that only 1% – 5% will consistently make money in forex trading. You’re going to need all the tricks in every book if you want to be included in the…
FX Watch: NZD/JPY And GBP/NZD Could Reflect NZD’s Potential Rally After RBNZ’s Event!
The Reserve Bank of New Zealand (RBNZ) is widely expected to cut interest rates this week! Our Event Guide for RBNZ’s Decision suggests that there’s room for as much as a…
FX Watch: NZD/CHF & NZD/CAD Setups on a Potentially Dovish RBNZ
Will the Reserve Bank of New Zealand (RBNZ) cut interest rates again this week? Expectations are for an aggressive 0.50% reduction in borrowing costs, as policymakers worry about risks of inflation…
Event Guide: RBNZ Monetary Policy Statement (October 2024)
Word around is that the RBNZ is about to cut its interest rates by as much as 50 basis points! How may NZD react to the news?