Is the Bank of England (BOE) due to announce another interest rate cut soon? The upcoming U.K. CPI release could have some clues about the central bank’s policy bias, so better…
Chart Art: Potential Correction Zone on GBP/CAD
Missed the bullish breakout on GBP/CAD? Better keep your eyes on this area of interest in case a retest happens and the trend resumes. Take a look at these inflection points I’m…
Chart Art: Is WTI Crude Oil (USOIL) Ready To Extend Its Downtrend?
U.S. crude oil prices just popped up a red candlestick around a key inflection point! Are we looking at Black Crack potentially extending its long-term downtrend? The 4-hour chart may give us…
Daily Broad Market Recap – September 16, 2024
Financial markets are looking mixed as traders brace for the FOMC decision later this week while Chinese banks are still closed for the Mid-Autumn Holidays. So far, the U.S. dollar is edging…
3 Forex Trading Myths Busted
Whether you’re a seasoned forex trader or just a newbie, I’m sure you’ve already come across a few generalizations about trading. But be warned! Some may have some truth, but these three…
Should Parents Force Their College Kids To Sign It?
A FERPA waiver, when signed by a student, allows parents to gain access to academic records during college. However, this raises an interesting question: should parents push their college-bound children to sign?…
FX Watch: NZD/CAD To Extend Its Downtrend After Canada’s CPI Release?
The New Zealand dollar had a pretty tough week last week, as China’s growth concerns, weaker-than-expected mid-tier domestic data, and overall risk aversion highlighted the commodity-related currency’s relative weakness in the FX…
FX Watch: USD/CAD Approaching Area of Interest Ahead of Canada’s CPI Report
Is the trend still our friend on USD/CAD? The pair has formed higher lows connected by a rising trend line seen on its hourly time frame, and it looks like another test…
Event Guide: Canada’s CPI Report (August 2024)
Now that the Bank of Canada (BOC) has opened the door for further easing if necessary, can the upcoming Canadian CPI release seal the deal for another rate cut soon? Or…
Week Ahead in FX (September 16 – 20): FOMC, BOE, And BOJ Decisions Plus Top-tier Consumer Data On Tap
After months of guessing, the Fed may finally cut interest rates for the first time in years this week. But that’s not the only thing shaking up the markets! Traders…