Author: FX

The FOMC lowered interest rates by 0.25% as expected in their December announcement, with this decision reached through a 9-3 voting split. Which USD strategies moved beyond the watchlist stage, and how did shifting overall market sentiment impact the outcomes? 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 event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link

Gold prices are exhibiting renewed bullish momentum, once again testing major resistance zones and approaching record highs. As price action intensifies, understanding the key technical levels defining this structure is essential for navigating potential breakouts or rejections.Watch my latest technical analysis breakdown below for a detailed look at the current price structure, the crucial support and resistance zones, and the scenarios traders should be watching right now.Gold Technical Analysis Video (Above) ExplainedKey takeaways for gold traders and investors who prefer to read rather than to watch :)Gold futures remain in a well-defined bullish channel on the four-hour timeframe.Repeated higher lows…

Being “in the zone” is more commonly referred to as “flow.” The concept was proposed by Mihály Csíkszentmihályi (try saying that out loud 3 times!), and he describes it as the state in which a person feels completely involved and fully focused on a particular task. More often than not, we overlook concentration as the primary factor behind this feeling and instead, associate it with superstition or rituals. This is particularly common among athletes who think that there’s a causal relationship between a particular circumstance and an outcome. For example, some of you may know that Michael Jordan used to…

USD/JPY remains range-bound as markets brace for the Bank of Japan’s (BOJ) expected rate hike this week, with a 92% probability priced in. While the dollar’s fate will largely dictate JPY movement, a meaningful JPY recovery hinges on further BOJ guidance and fiscal discipline. Support is seen at 154.40, with resistance around 156 and 157. Pair was last seen around 155.03 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.JPY recovery depends on BOJ and fiscal prudence”USD/JPY consolidated last week, in absence of additional catalyst. BOJ hike is largely in the price (92% probability priced for 19 Dec) and…

The GG RSI CCI MT4 Indicator addresses this challenge by combining the strengths of two powerful tools: the Relative Strength Index (RSI) and the Commodity Channel Index (CCI). This unique integration provides clearer signals, helping traders spot trends, reversals, and potential market momentum. With this indicator, trading decisions become more confident and precise. How the GG RSI CCI MT4 Indicator Works The GG RSI CCI MT4 Indicator merges the insights of RSI and CCI into one efficient tool. RSI measures the speed and change of price movements, helping traders spot overbought or oversold conditions. Meanwhile, CCI tracks deviations from the…

KEY POINTS:Japanese Yen is the strongest major currency todayBetter than expected Tankan data added support for the rate hikeBoJ wage growth assessment was positive The market is pricing an 83% probability of a BoJ rate hike on FridayUS NFP and CPI likely to steal the showFUNDAMENTAL OVERVIEWUSD: The USD has been weakening across the board since last week’s FOMC decision. The Fed delivered on expectations cutting by 25 bps and signalling a higher bar for further rate cuts, but Fed Chair Powell’s press conference was seen as fairly dovish. In fact, instead of sounding as neutral as possible and stressing…

The Indian Rupee (INR) starts the week on a bearish note against the US Dollar (USD), extends its losing streak for the third trading day. The USD/INR pair refreshes its all-time high near 91.00 as the continuous outflow of foreign funds from the Indian stock market amid the absence of any trade deal announcement between the United States (US) and India is consistently hurting the Indian Rupee.The US and India have not yet reached a consensus, even as US Trade Representative Jamieson Greer stated last week that the latest offer by New Delhi is the “best ever” Washington has seen.So…

Tuesday’s November payrolls report carries exceptional uncertainty after the 43-day government shutdown disrupted data collection, leaving markets to navigate potentially unreliable readings that could trigger exaggerated moves in thin holiday trading. With consensus expecting just 55K jobs added and unemployment potentially jumping to 4.6%, the release will test whether labor market cooling validates the soft-landing narrative or reignites recession fears that force aggressive repricing of the Fed’s 2026 trajectory. Here are points you should know if you’re planning on trading the anticipated U.S. jobs releases! This Article Is For Premium Members Only Become a Premium member for full…

You’re staring at your trading journal, and the numbers look good, really good. Eight wins out of ten trades. But here’s the uncomfortable truth: those results might be lying to you. Not because the data is wrong, but because of how you’re looking at it. In this article, we’ll expose the nine most dangerous mistakes traders make when analyzing their results, and give you the exact fixes that separate profitable traders from those who keep wondering why their ‘winning strategy’ fails in live markets. Technical Mistakes Typical trading analysis mistakes fall into two groups: Technical mistakes and Psychological mistakes. Each…

China’s economy stalls in November as calls for reform grow Source link