Chart Art: Will GBP/USD’s Mid-Range Resistance Hold?
When you’ve read our recent FX Weekly Recaps then you definitely’ll know that GBP has been struggling to get bullish momentum because the U.K. printed sticky labor data and cooler-than-expected…
Financial Trading
Global Market Weekly Recap: Feb. 19 – 23, 2024
Most asset classes moved to the beat of their very own drums, as correlations and overall market sentiment gave the impression to be in flux this week. Various appearances from…
Chart Art: EUR/CHF Is Testing a Long-Term Resistance Zone
EUR’s upswing against CHF looks ready for a breather! Will it result in EUR/CHF getting rejected at a long-term resistance area? I don’t know when you’ve noticed however the European…
Play of the Day: EUR/GBP Testing Range Resistance Ahead of PMIs
I’m this clean and easy range setup on EUR/GBP because the European economies gear as much as print their flash PMIs. Will we see a bounce or a break? Germany…
Play of the Day: NZD/JPY Bullish Momentum Constructing?
NZD/JPY has been cruising above an ascending trend line, and it looks just like the uptrend might keep picking up steam. Just how high can it go from here? Take…
Play of the Day: EUR/CAD Range Bounce or Break?
Canada is on the point of print its CPI report! How might the figures prove and what could these mean for EUR/CAD’s range? Number crunchers are predicting a rebound in…
5 Reasons Why Newbie Traders Are inclined to Give Up
Like many high-performance endeavors, success in trading takes time, patience, and plenty of practice. That is why not many newbies successfully trade currencies on their first try. In truth, popular…
Event Guide: U.S. Preliminary Consumer Sentiment Index (Feb 2024)
Are U.S. consumers feeling more optimistic or pessimistic concerning the economy as of late? Here’s what you must know concerning the UoM consumer sentiment release and what it would mean…
Chart Art: WTI Crude Oil (USOIL) Still Near Triangle Top!
This commodity continues to be stuck in consolidation, because it hovers near the ascending triangle top. Can it go for a breakout soon? Listed here are the inflection points I’m…
3 Common Trading Obstacles & How one can Overcome Them
Challenges are expected when trading currencies. But have challenges turn into sufficiently big to show into major obstacles for you? Listed here are a number of the typical barriers to…