Author: FX
Most trading psychology articles focus on minimizing weaknesses rather than identifying and improving one’s strengths. This is probably because there’s a common notion that when you tackle your weaknesses, you automatically enhance your trading performance, but that isn’t always the case. This time around, let’s focus on a different approach by building your strengths first so that you can work around your shortcomings. Before we get ahead of ourselves, what exactly are strengths, and why is it important to identify them? Simply put, a strength is something that you’re good at. But unless you apply that particular strength in achieving…
The Euro (EUR) is trading firm against the US Dollar (USD) at the week’s opening, trading at levels right above 1.1860 at the time of writing on Monday. Upbeat Eurozone investors’ sentiment data has provided additional support to a firm euro, already on a strong footing, as market expectations that the US Federal Reserve (Fed) will cut interest rates further in the coming months are weighing on the US Dollar.In the Asian session, the market welcomed the landslide victory of Prime Minister Sanae Takaichi in Japan, which has soothed concerns amid prospects of a stable government. The immediate reaction has…
The Zigzag indicator plots lines connecting swing highs and swing lows based on a percentage or pip threshold you set. Think of it as a highlighter for significant price movements. If the price moves less than your threshold, the indicator ignores it. Once price swings beyond that threshold, it draws a line from the previous pivot point. This isn’t a predictive tool—it won’t tell you where the price is headed next. What it does is provide clarity on where price has been, filtering out the minor retracements and fake-outs that plague shorter timeframes. For traders doing technical analysis, it’s like…
There are some chunky expiries that stand out on the day but none of which are likely to be of any impact. The full list can be seen below.There are some large ones for EUR/USD and AUD/USD in particular, holding at the 1.1900 and 0.6900 levels respectively.The former is the most likely to be of any note, with the dollar weakening across the board as broader market sentiment picks up again after a rocky mood last week. Precious metals are back on the up and risk sentiment also bounced back on Friday with some steadier signs today.The expiries don’t tie…
USD/INR depreciates as the Indian Rupee (INR) finds support from the United States (US)–India interim trade framework. New Delhi and Washington on Friday unveiled an interim framework aimed at lowering tariffs, reshaping energy ties, and deepening economic cooperation. The announcement follows a breakthrough in prolonged negotiations earlier last week and helped lift the Rupee to its strongest weekly gain in more than three years, according to Reuters.Analysts at Goldman Sachs noted that the effective tariff rate imposed by the US on Indian imports could be around 20% lower than the earlier 34%. However, the US-India joint statement did not refer…
Most new traders obsess over entries and ignore the quiet lever that really shapes their results: how their orders hit the market. Order types are not just technical settings in a ticket window – they’re how you translate an idea into precise risk, timing and execution. The sooner you treat them as part of your edge, not an afterthought, the faster your trading matures. Think of order types as a playbook, not a menu. Each one expresses a different intent: “get me in now”, “only at my price”, “only if momentum is real”, “protect me if I’m wrong”, “pay me…
Contender for Bank of Korea governor backs higher property taxes to contain inflation Source link
Australian household spending fell 0.4% in December after strong sales-driven gains, but quarterly volumes rose 0.9%, supporting the RBA’s recent rate hike as inflation is set to stay above target. investingLive Exclusive 22m ago Source link
Wall Street is in the grips of what Jefferies equity traders have dubbed the “SaaSpocalypse,” a historic, indiscriminate selloff of software stocks that has erased nearly $1 TRILLION in market value in a matter of weeks. The iShares Expanded Tech-Software ETF (IGV), which provides concentrated exposure to the Software-as-a-Service (SaaS) industry, has plunged 28% from its September 2025 peak and roughly 21% year-to-date in 2026 alone. January was the ETF’s worst month since 2008. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic…
MUFG Bank analysts Lin Li and Khang Sek Lee note the People’s Bank of China is keeping USDCNY fixings below 7.0000, allowing the Chinese Yuan to act as a stabilizing anchor for Asia FX. Analysts expect subdued CPI to sustain a dovish PBOC stance and see scope for a 10 bps policy rate cut and 50 bps RRR reduction by Q1 if growth disappoints.CNY resilience but growth still soft”We expect the CNY to remain a stabilizing anchor for most regional FX, supported by the PBOC continuing to set the daily USDCNY fixing rate below the 7.0000 level.””If there is any…