As most technical analysis courses will tell you, there is no “Holy Grail” indicator that can guarantee profits in the forex market. That doesn’t mean you should give up the search for…
Daily Broad Market Recap – March 27, 2025
Markets dropped after Trump confirmed steep auto tariffs, dragging down car stocks and rattling global sentiment. Gold hit a record high while the dollar swung sharply as traders reacted to trade tensions,…
Chart Art: Is GBP/USD Ready for a Longer-Term Reversal?
GBP/USD just turned lower from a major area of interest! Does this make the pair ready for a longer-term bearish reversal? Let’s get more clues from the daily time frame: GBP/USD Daily…
Daily Broad Market Recap – March 26, 2025
Market players had another eventful day, as they juggled top-tier inflation releases and government budget announcements while tariffs jitters popped back in the scene. Data from the U.S. economy turned out mostly…
Trade Case Study: Sellers Ahead for AUD/JPY?
Today we saw a softer-than-expected Australian CPI print, potentially setting up AUD/JPY for a continued downside move in the short-term. With headline inflation dipping to 2.4% versus 2.6% expected, and core…
Don’t Let The “Endowment Effect” Affect Your Trading Performance
Having a bias is as natural as breathing and eating. Personal judgments – reasonable or not – are entrenched in our everyday activities. You use your biases, for example, to pick a…
Inflation Is Cooling in Australia, but AUD Is Keeping Its Cool
Australia’s monthly inflation print came in at 2.4% year over year in February, a touch softer than January’s 2.5% growth and today’s expected reading. This marks continued progress in the Reserve Bank…
Daily Broad Market Recap – March 25, 2025
It was another risk-on day in the financial markets, as higher-yielding assets wound up mostly in the green, despite some dips early on. From Australia’s surprise tax cuts to Trump’s assessment that…
Daily Broad Market Recap – March 24, 2025
Market participants kicked the week off in a positive mood, helped partly by talks of a more measured U.S. tariffs implementation plan. Risk rallies carried on until the New York session, propping…
Event Guide: U.K. CPI Report (February 2025)
With inflation data dropping around the U.K.’s budget announcement, markets will be watching closely for signals that could shape both monetary policy and fiscal plans. Traders are looking to see whether…