TA of the Day: USD/JPY Chills Out And Consolidates But For How Long?
The Japanese yen weakened in value against the U.S. dollar on Monday, after a wild ride last week. Markets, particularly Japan’s, were rocked last week by an unwinding of the…
Financial Trading
FX Watch: GBP/JPY’s Retracement Zone Ahead Of U.K.’s Jobs Report
GBP/JPY regained some ground it had lost earlier this month, and is fast approaching potential resistance levels. How can the U.K.’s upcoming labour market report affect GBP/JPY’s longer-term trend? We’re…
Chart Art: Is GBP/USD Ready To Extend Its Trend?
The U.S. dollar gave up pips against “riskier” counterparts just like the British pound following a U.S. data release. Will the momentum help extend GBP/USD’s months-long uptrend? We’re taking a…
4 Levels of Competence in Forex Trading
Back in 1969 when my buddies and I were still vibing to The Beatles’ Hey Jude, management trainer, Martin Broadwell, talked in regards to the “4 levels of teaching” to…
Chart Art: Bitcoin (BTC/USD) Is Eyeing A Mid-channel Resistance
A recovery in risk appetite has pushed volatile assets like bitcoin higher against the U.S. dollar! BTC/USD just bounced from a technical support zone and appears able to test a…
Event Guide: Canada’s Employment Report (July 2024)
The Bank of Canada (BOC) shared that the economy is seeing a cooling labour market. Will July’s employment numbers support the central bank’s dovish estimates? We’ve the points it’s worthwhile…
Chart Art: Is Gold (XAU/USD) Gearing up for a Reversal Soon?
Are gold bulls struggling to sustain the valuable metal’s climb nowadays? Here’s a classic reversal pattern I’m watching on the 4-hour time-frame. Gold (XAU/USD) 4-hour Chart by TradingView Gold made…
FX Watch: NZD/CHF To Extend Its Trend After NZ’s Jobs Release?
Like other “risk” assets, the Latest Zealand dollar lost pips to its refuge counterparts as optimism over lower rates of interest became concerns that a high rate of interest environment…
Why “Expectancy” Matters More Than Your Win Ratio
When reviewing your trading performance, do you focus mainly in your win ratio or expectancy? Win ratio simply looks at how over and over you’ve won versus the quantity of…
Event Guide: U.S. Non-Farm Payrolls Report (July 2024)
Will the upcoming U.S. jobs report make or break September easing hopes? And the way will the outcomes affect USD trends and overall market sentiment? Here’s what market analysts predict…