Chart Art: USD/JPY Is Near A Support Area After The US CPI Release
USD/JPY has snapped a days-long uptrend and is rapidly approaching a key support zone. Will there be enough buyers at the extent to take care of the pair’s even longer-term…
Financial Trading
Chart Art: Is GBP/CAD Ready To Bounce From A Major Support Zone?
The British pound has been struggling against the Canadian dollar, dropping from its 2024 highs to a multi-month support zone. Currently, though, GBP/CAD has calmed down from its steep declines….
Chart Art: Is Gold (XAU/USD) Getting Ready To Extend Its 2025 Gains?
Spot gold (XAU/USD) was knocked lower after hitting the $2,700 mark earlier this month. But buyers showed up at a key support zone, increasing the percentages of the yellow metal…
How To Develop Your Market Edge in Trading
Creator of Trading within the Zone, Mark Douglas, defines trading edge as “nothing greater than a sign of a better probability of 1 thing happening over one other.” This market edge must…
Event Guide: U.K. CPI Report (December 2024)
With BOE officials still just about divided on their policy biases, will the upcoming U.K. CPI release steer them towards a selected direction? And are we about to see a…
Global Market Weekly Recap: January 6 – 10, 2025
Traders had plenty to chew on through the first full trading week of 2025, with financial markets getting cues from tariffs-related headlines, leading U.S. jobs indicators, and Fed policy biases….
FX Weekly Recap: January 6 – 10, 2025
Currency markets kicked off 2025 with a bang, as shifting U.S. trade policy expectations, unexpected political developments, and a wave of economic data threw rate cut expectations into query. Global…
Event Guide: Canada’s Employment Report (December 2024)
Canada is on the brink of print its December jobs report soon! Will the numbers support the Bank of Canada’s shift to a more gradual pace of easing this 12…
Chart Art: S&P 500 Index (SP500) Triangle Breakout Due?
U.S. equity markets appear to be off to a cautious start to date this 12 months, leading the S&P 500 index to consolidate inside a triangle pattern. Which way can…
Chart Art: AUD/NZD Near Testing Channel Bottom
AUD/NZD has been cruising higher inside an ascending channel for greater than a month already, and it looks like one other test of support is due. Take a have a…