Category: Forex

Is the Bank of Canada (BOC) likely to announce a mega 0.50% interest rate cut this time? And will they still keep the door open for further easing? Here’s what’s…

The major assets were all over the charts on Monday despite a lack of top-tier data releases. Crude oil found support from escalating tensions in the Middle East while gold prices turned…

Imagine having a GOOD trade idea. You know the one. It may come from a mentor, a social media whiz, or a premium signal group. It may even be the result of…

This euro pair is hanging out at the very top of its range on the 4-hour time frame, still deciding whether to go for a bounce or a break. Check out these…

Remember that support zone we talked about a few days ago? Well, it turns out the bears had more fuel in the tank than we expected! Now, USOIL might catch a bid…

We’ve got another major central bank decision lined up, plus a fresh batch of global PMI readings! The Bank of Canada (BOC) is scheduled to announce their monetary policy statement,…

This week our currency strategists focused on the New Zealand CPI update and the Australian employment update for potential high-quality setups. Out of the eight scenario/price outlook discussions this week, two discussions…

Decelerating global inflation trends, Middle East developments, & the lack of enthusiasm over China’s stimulus plans were the main themes on the forex scene this week.

The usual market correlations appeared to be out of sync throughout the week, as asset classes were driven by more by individual catalysts than broad market themes. Still, some risk-off vibes…

To trade or not to trade? Trading from home and having more time to watch the charts and market headlines doesn’t necessarily mean you have to take more setups. For most traders,…