Premium Forex Watch Recaps: May 28, 2024
With expectations of a lower volatility week, our strategists slowed it down a bit with only two forex discussions, surrounding the Australian CPI release. Out of the 2 discussions, one…
Financial Trading
Event Guide: U.S. Preliminary GDP for Q1 2024
We’re getting the primary revisions for Uncle Sam’s growth and costs for Q1 2024! Will we discover anything within the releases that will prompt the Fed to revisit its “higher…
Global Market Weekly Recap: May 27 – 31, 2024
Market players had loads to digest during a shortened trading week, starting up with property sector updates in China and heightened geopolitical tensions within the Middle East, then on to…
Chart Art: USD/CHF’s Potential Support at .9000
I spy with my eye a possible support area for USD/CHF! In case you missed it, the pair recently tumbled following the discharge of mid-tier U.S. economic data supporting a…
Event Guide: U.S. Core PCE Price Index (April 2024)
We have got the U.S. core PCE price index (a.k.a the Fed’s preferred inflation measure) up for release this week! Will it support hawkish Fed bets or revive expectations for…
Chart Art: EUR/USD Is Testing a Long-Term Downtrend Resistance!
In search of more USD-related setups to trade? EUR/USD looks prefer it just turned lower from a key resistance zone! Will the pair extend its long-term downtrend in the subsequent…
FX Watch: AUD/CAD Trend to Resume Soon?
Will the trend still be our friend on AUD/CAD once the Australian CPI report is released? The pair is closing in on its descending channel resistance on the hourly time-frame….
Premium Forex Watch Recaps: May 20 – 23, 2024
Central bank events and global PMIs were the highest drivers this week, prompting our traders to cover a wide selection of currencies, with a giant concentrate on the U.S. dollar….
FX Watch: Can USD/CAD Sustain Its Climb with U.S. PMIs?
Last month’s U.S. PMIs caused quite a tumble for the Greenback. Will the May readings end up any higher and lift USD/CAD? In that case, how high can this dollar…
Global Market Weekly Recap: May 20 – 24, 2024
The RBNZ can have been the one central bank to publish a monetary policy decision, but that did not stop other major central bankers from giving their two pips on…