Global Market Weekly Recap: October 14 – 18, 2024
The same old market correlations seemed to be out of sync throughout the week, as asset classes were driven by more by individual catalysts than broad market themes. Still, some…
Financial Trading
Chart Art: Bitcoin (BTC/USD) Is Near A Long-term Resistance Area!
Bitcoin has had a great October to date, climbing from its $60,400 lows to its current levels near $67,650. Can the OG crypto count on “Uptober” to push BTC/USD consistently…
Chart Art: EUR/AUD To Extend Its Months-long Downtrend?
After a powerful begin to the month, EUR/AUD has lost its bullish momentum and appears set to increase a longer-term downtrend. Will EUR/AUD see losses in the subsequent trading sessions?…
Event Guide: ECB Monetary Policy Statement (October 2024)
Are ECB head Lagarde and her fellow policymakers gearing up for yet one more rate cut? Here’s what markets expect for the upcoming ECB decision and the way EUR pairs…
Chart Art: EUR/JPY’s Range Resistance Stays Intact!
Euro bears are holding their ground against the yen ahead of the ECB’s policy announcement! Think EUR/JPY will keep inside its range pattern in the subsequent trading sessions? Or is…
Event Guide: U.K. Employment Report (September 2024)
We have got a fresh batch of U.K. labor market figures comin’ right up! Can the numbers keep the Bank of England (BOE) on its neutral stance or will it…
Event Guide: Canada’s Employment Report (September 2024)
Are markets still expecting the Bank of Canada (BOC) to hold on with its easing cycle? The upcoming Canadian employment report for September could have some clues! Expectations are for…
Chart Art: Gold (XAU/USD) Near-Term Inflection Points
Are gold prices able to resume their long-term climb to fresh highs? Or will the valuable metal hit one other roadblock on its uptrend? Try these nearby inflection points I’m…
4 Ways to Minimize Missing Good Trades
Forex traders who need to be consistently profitable know the importance of tracking the rights and wrongs of the trades that they take. Unfortunately, the impact of the trades that…
Chart Art: WTI Crude Oil (USOIL) Triangle Resistance Bounce
Are crude oil bears about to remain in the sport for for much longer? A have a look at the energy commodity’s day by day timeframe shows a big descending…