FX Weekly Recap: December 9 – 13, 2024
Currency markets saw major shifts in central bank sentiment this week as odds of a post December Fed rate cut pause grew, while the SNB and ECB opted for rate…
Financial Trading
Event Guide: SNB Monetary Policy Statement (December 2024)
Is the Swiss National Bank gearing as much as announce its FOURTH rate of interest cut in a row? Or will SNB policymakers take it easy and sit on their…
3 Ways You Can Make The Most Out of Your Trading Journal
Much has been said in regards to the importance of mastering your trading psychology. And though there are a lot of other ways to perform this goal, perhaps essentially the…
Event Guide: ECB Monetary Policy Statement (December 2024)
The ECB is widely expected to chop its rates of interest in December. Recent economic indicators and ECB member commentary have strengthened this view, with the market pricing in additional…
FX Watch: EUR/CAD And CAD/CHF Breakout Plays In Case Of A Dovish BOC Rate Cut
Errbody and their mommas expect the Bank of Canada (BOC) to chop its rates of interest by one other 50bps in December! Our Event Guide for BOC’s December Decision points…
FX Watch: Bearish RBA Event May Drive Trend Continuation for AUD/USD and GBP/AUD
The Reserve Bank of Australia’s (RBA) is predicted to maintain its rates of interest on hold again this month, cementing its position as considered one of the more hawkish central…
Chart Art: EUR/CAD’s Reverse Head And Shoulders Breakout In The Making?
EUR/CAD looks set for a possible upside breakout in the subsequent few days. Let’s take a better have a look at the pair’s Reverse Head and Shoulders pattern within the…
Trade Case Study Update: AUD/USD Closed
A brief position in AUD/USD, initially triggered by weaker-than-expected Australian GDP data, was closed profitably today because the U.S. jobs report showed stable employment conditions. Let’s examine how this theoretical…
What Makes Breakeven Trades Good or Bad?
Our Forexpedia defines the breakeven point as the extent where gains are equal to losses. A breakeven trade is one which is neither a winner nor a loser. It closes…
Event Guide: Canada’s Employment Report (November 2024)
Bank of Canada (BOC) members have recently hinted at more rate of interest cuts, despite their push for more data dependence. Will November’s labor market data support the central bank’s…