USD/CAD appears to be breaking lower from a symmetrical triangle pattern, with bears potentially taking control after a period of consolidation near the 1.4400 handle. Let’s check out these key inflection points…
Category: Forex
FX Watch: Potential AUD/CAD and AUD/CHF Moves on Hot Australian CPI
Market players are anticipating hotter annual inflation readings from Australia this week. Our Event Guide for the November 2024 Australia CPI noted that leading indicators are pointing to a slight uptick…
FX Watch: EUR/AUD and AUD/JPY Inflection Points in Case Australia’s CPI Falls Short
Markets appear to be pricing in an interest rate cut from Australia’s central bank early this year, so I’m keeping close tabs on these EUR/AUD and AUD/JPY levels in case the inflation…
Week Ahead in FX (Jan. 6 – 10): Global Inflation, PMIs, and NFPs Take Center Stage
It’s shaping up to be a busy week for traders with global inflation updates, final PMI readings, and the latest U.S. NFP reports. Here are the major events you need to…
Event Guide: Australia’s CPI Report (November 2024)
Can Australia’s latest inflation figures reinforce their central bank’s shift to a more dovish bias? Or are we about to see upside surprises that could keep the RBA neutral? Here’s…
Essential USD Trading Patterns from 2024 to Watch in 2025
Before we move deep into 2025, it’s time to a quicky look at lessons from 2024, and see how we can improve our perception and expectations when observing and trading the Greenback…
A Quick Guide To Making Your 2025 Trading Resolutions
Welcome to a brand spankin’ new trading year! The holiday break is a good time to sit back and reflect on the year that was. Have you started on your trading resolutions…
Top Trading Psychology Lessons in 2024
This year was a topsy-turvy one for the financial markets to say the least, as wild sentiment swings and a bunch of record highs were seen for some asset classes. What were…
U.S. Dollar Recap 2024: Part 3 – USD’s Remarkable Year-End Sprint
Let’s finish our recap of the year for the U.S. dollar by breaking down the downtrend we saw in the Greenback between October to December 2024. Once again, because the U.S….
Chart Art: USD/CAD Tests Triangle Break at Monthly R1 Pivot
USD/CAD appears to be breaking lower from a symmetrical triangle pattern, with bears potentially taking control after a period of consolidation near the 1.4400 handle. Let’s check out these key inflection points…