Gold Recap 2024: Part 2 – Bulls Charged right into a Choppy Close
Let’s finish our recap of the 12 months for gold by breaking down the solid uptrend then consolidation in the dear metal between June and December. Once more, gold is…
Financial Trading
Chart Art: EUR/CHF Tests 0.9400 Level at Falling Highs Pattern
EUR/CHF has shown renewed bullish momentum in recent sessions, pushing up from the 0.9300 area to check a major technical resistance confluence across the 0.9400 handle. Try these key inflection…
Chart Art: WTI Crude Oil (USOIL): Range Resistance Ahead?
Are crude oil bears able to take the reins once more as we approach year-end? Take a look at these key technical levels we’re watching on the 4-hour time-frame! WTI…
Global Market Weekly Recap: December 16 – 20, 2024
All eyes and ears were on the last FOMC statement for the 12 months, although just a few surprise catalysts still caused huge swings in overall sentiment. As an illustration,…
Event Guide: BOJ Monetary Policy Statement (December 2024)
Market watchers still appear to be divided on whether or not the Bank of Japan (BOJ) is finally able to hike rates of interest. Will BOJ Governor Ueda and his…
4 Common Reasons Why Forex Traders Fail
It is claimed that the failure rate within the forex industry may be very high, with greater than 95% of aspiring traders expected to drop out of the sport inside their first…
Chart Art: GBP/CHF Is Testing A Key Range Resistance Area!
GBP/CHF is knocking on a key technical resistance level after yesterday’s market moves. Will we see an upside breakout this week? Or will the bears step in to maintain the…
Event Guide: U.K. CPI Report (November 2024)
The U.K. economy might be printing its CPI release a day ahead of the BOE decision this week, so the inflation report could strongly influence policy expectations. Here’s what number…
Week Ahead in FX (Dec. 16 – 20): 3 Central Bank Decisions, Global PMIs & U.S. Core PCE in Focus
Prepare for one more busy trading week ahead! We have got three major central bank decisions, global PMI releases, and the Fed’s preferred inflation measure on deck. Here’s what market…
Trade Case Study Update: EUR/GBP Closed After Sterling Fall
Our short position in EUR/GBP was taken out after a weaker-than-expected UK GDP update. Let’s take a take a look at the final result and compare it with other theoretical…