Play of the Day Recaps: March 19 – 21, 2024
Our strategists tackled a really tough week of several major central bank events, focusing mainly on the Bank of England event and the Reserve Bank of Australia. Two out of…
Financial Trading
3 Ways To Keep Overconfidence In Check
Most of us perceive that keeping a cool head within the midst of a big drawdown is the important thing to becoming consistently profitable. Keeping track of your foreign currency trading performance and emotions…
Global Market Weekly Recap: Mar. 18 – 22, 2024
Saying that this week was an eventful one would still be an understatement, as market correlations were in flux and there was no shortage of huge moves because of an…
Chart Art: GBP/CAD’s Potential Trend Support Zone
GBP/CAD can’t appear to make latest lows below a key technical support! Will this result in the pair extending its 2024 uptrend? Today’s 4-hour chart may give us more clues!…
Play of the Day: EUR/GBP Consolidation Breakout Due Soon?
With the BOE decision coming up in a number of, I’m a possible breakout on this pound pair. Which way do you think that it would go? And may momentum…
Chart Art: NZD/USD’s Range Support Zone
NZD/USD is testing the underside of a months-long range! Are we about to see a breakout? Or will enough NZD/USD bulls step in and keep the pair in its range?…
Play of the Day: AUD/CHF Gearing Up for a Breakdown?
The RBA kept rates of interest on hold at 4.35% as expected today! Nonetheless, their official statement seemed a bit less hawkish than usual. What was behind the change in…
Event Guide: BOJ Monetary Policy Statement (March 2024)
Is the Bank of Japan (BOJ) about to exit its ultra-easy monetary policy? Or will officials hold and pushback any tightening expectations? Here’s what it’s best to look out for…
Event Guide: U.S. Preliminary Consumer Sentiment Index (March 2024)
What is the mood like amongst U.S. consumers today? The upcoming University of Michigan preliminary consumer sentiment index might be our first glimpse into whether Americans are feeling optimistic or…
Global Market Weekly Recap: Mar. 11 – 15, 2024
With a comparatively light economic calendar and little central bank speak so as to add volatility in between top tier data, traders appeared to make most of their moves around…