Event Guide: U.S. Preliminary GDP for Q4 2023
Uncle Sam is about to provide an update on the Q4 2023 GDP figures. Are any revisions about to push USD pairs around midweek? Read on for the main points…
Financial Trading
5 Reasons You’re Missing Out on Winning Trade Setups
For some traders, the one thing worse than losing a trade is missing out on a winning setup that that they had spotted but had not taken. I’m sure you’ve…
Chart Art: Gold (XAU/USD) Testing Channel Resistance
Is the trend still our friend on gold? The dear metal has formed lower highs and lower lows connected by a descending channel visible on its 4-hour timeframe. Price is…
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…
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…