Event Guide: FOMC Statement (July 2024)
Though the U.S. central bank is widely expected to maintain borrowing costs on hold this week, USD volatility could still pick up as traders hunt for rate cut clues in…
Financial Trading
FX Watch: AUD/JPY Trend Continuation on Australia’s CPI Release?
This Aussie pair has been cruising lower up to now week and could possibly be poised to hold on with its slide during Australia’s quarterly CPI release. Nonetheless, other top-tier…
Tips on how to Deal With Fear in Forex Trading
In trading, fear comes from the increased possibility of losing money, which may occur anytime for a trader. Experiencing fear is normal. Fear is taken into account as a basic…
Event Guide: U.S. Core PCE Price Index (June 2024)
The Fed’s preferred inflation metric is up for release this week! What are the markets expecting and the way can the discharge affect the U.S. dollar’s price motion? We’re supplying…
Chart Art: EUR/JPY To Return To Its Long-term Uptrend?
EUR/JPY is sporting a verrry interesting reversal candlestick on the every day time-frame. Is the pair able to return to its longer-term trend? We’re EUR/JPY’s every day chart today! EUR/JPY…
TA of the Day: Carry Trade Unwind Crushes AUD/JPY! What’s Next?
The Japanese yen is currently at its highest value in 2.5 months, due to traders unwinding their bets against it before a Bank of Japan meeting next week. As global…
TA of the Day: Is GBP/USD’s Uptrend Taking a Temporary Pause?
GBP/USD is just chillin’ around 1.2900, unable to make up its mind. Sellers tried to take control, but they couldn’t quite get the job done, failing to shut the day…
Chart Art: U.S. Dollar Index’s (DXY) Potential Bullish Reversal
The U.S. dollar could also be ready for a bullish run after seeing a downtrend earlier this month. Think the Greenback is prepared for an upswing? Try the 4-hour chart’s…
Chart Art: GBP/CHF’s Potential Head And Shoulders Reversal
GBP/CHF is forming a possible bearish reversal pattern ahead of this week’s U.K. PMI releases! Will the pair head for its June lows? Or will it find support from a…
Week Ahead in FX (July 22 – 26): Global PMI Updates, BOC Policy Decision, And Top-tier U.S. Data
This week, we’re getting the primary assessment of the main economies’ business conditions for the month of July. Later, Uncle Sam will drop the primary GDP reading for Q2 2024…