WTI crude oil bulls seem ready to charge once again, as the energy commodity found support at the bottom of a newly-forming triangle pattern. Can it go further north from here? Here…
Daily Broad Market Recap – October 23, 2024
The major assets were all over the charts on Wednesday. U.S. Treasury yields continued to rise, boosting the U.S. dollar higher and dragging gold prices lower. Risk assets like equities and bitcoin…
BOC Cuts Rates by 50bps, Now Aims to Stick the Landing on Inflation Control
As projected in our Event Guide, the Bank of Canada (BOC) cut its overnight interest rates by 50 basis points from 4.25% to 3.75% in October. This marked its fourth consecutive rate…
5 Old But Gold Tips for Forex Trading Newbies
If you want to make money in forex trading and consistently do so, it’s important to review proven trading methods and techniques on a regular basis. Here are some forex tips that might help:…
FX Watch: EUR/JPY and EUR/CAD’s Upside Opportunities on Bullish Euro PMIs
The Euro Area is about to drop the first results of its October business surveys! Word around is that the markets expect slightly better numbers from the region compared to the previous…
How To Invest In Gold In 2024
Source: The College Investor It’s easier than ever to invest in gold in 2024, but there’s always a debate swirling about whether or not it’s a good idea to invest in gold….
Chart Art: Is Gold (XAU/USD) Gearing Up for a Correction?
Gold prices have been on a tear these days thanks to all that market uncertainty. Is it high time for a correction soon? Better keep your eyes on these potential support zones…
How To Rebalance Your Investment Portfolio
Source: The College Investor Here’s how to rebalance your portfolio so that you don’t get off guard with a bad asset allocation if the stock market corrects soon. If you’re a savvy…
Daily Broad Market Recap – October 22, 2024
There were no major data releases, which left the major assets exposed to current market themes and increasing concerns about the U.S. economy. How did your closely watched assets trade in the…
FX Watch: EUR/AUD and EUR/CHF Inflection Points in Case Eurozone PMIs Miss
We’ve got a fresh round of eurozone PMI readings comin’ right up, giving an early glimpse into the region’s performance this month. Here’s what I’m looking out for on EUR/AUD…