Author: FX
The U.K. jobs figures turned out to be a major disappointment early in the week, as the economy shed 25.8K positions in September while the jobless rate ticked higher from 4.7% to 4.8%. How did GBP react, and which among our watchlist setups yielded the best trading opportunity? Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they are published throughout the week, check out…
Summary Box for Ethereum Futures Today and This WeekBullish above: 3,968 Bearish below: 3,968 Orientation: Swing trade Bias: Bullish while above 3,968 Partial Profit Targets: 4,130; 4,295; 4,359; 4,422; 4,700; 5,000Ethereum Market Context and Directional BiasAfter Justin from our investingLive.com team reported how Bitcoin slumped to fresh four-month lows in his article Bitcoin slumps to fresh four-month lows as technical trouble continues to brew and even before that, I published a clear guide on how to join the Bitcoin short as bears regained control.Since then, the crypto market has been rebounding sharply, with both Bitcoin and Ethereum futures showing strong…
On April 8 2025 the USD/CNH exchange rate reached an all-time high touching a level of 7.4273. This was obviously a market reaction on the tit for that trade war escalation between the US and China, Rabobank’s macro analyst Teeuwe Mevissen reports. Yuan shows strength amidst escalated US tariffs”This initially resulted in the US imposing import tariffs as high as 145% with China imposing tariffs on US imports of 125%. However, soon the US and China agreed to implement a trade truce of 90-days which lowered tariffs to 50% for Chinese exports and 30% for US exports. This 90-day pause…
Trading psychology books and blogs often talk about the need to “remove” emotions from decisions to get more consistent trading results. But can you really remove emotions from decision making? University of Bergen’s Hans-Rüdiger Pfister and Gisela Böhm argue that emotions are NOT external forces that disrupt an otherwise non-emotional process of making a decision. In fact, they believe that decision making without emotional involvement is not optimal and maybe even impossible because emotions aid in four key functions in decision making: 1. Preference construction Any decision requires information and a trader’s emotional state about a decision’s possible consequences can…
As mentioned before, don’t hold your breath on meetings such as this one. It’s clear that China played this ace card as a way to control the narrative before the upcoming meeting between Trump and Xi in South Korea. That sets the tone for measured optimism and not for the Trump to bully his way out of this one.The EU and other countries are caught in the crossfire of it all and Beijing definitely knows that. However, that’s the price to pay as the trade conflict continues to brew between the US and China – no matter what “deal” they…
EUR/USD remains practically flat on Monday’s early European opening, trading at 1.1665 at the moment of writing. The pair bounced at 1.1650 earlier on the day, favoured by a somewhat brighter market mood, but weaker-than-expected German producer inflation data has crippled the pair’s frail upside attempts.Investors sighed with relief as US President Donald Trump acknowledged on Friday that raising tariffs on China to 100%, as he threatened two weeks ago, is unsustainable. Beyond that, US Treasury Secretary Scott Bessent confirmed that same day that he will meet Chinese Vice Premier He Lifeng this week, which suggests that the world’s two…
There are just a couple to take note of on the day, as highlighted in bold below.The first one is for USD/JPY closer to the 150.00 mark. The pair held a daily break under that on Friday and is now having to balance out the political developments in Japan to start the week. The LDP and Nippon Ishin look set to partner up and that paves the way for Takaichi to become the next prime minister. The end of political uncertainty is good news for the yen but Takaichi’s stance as a fiscal dove, not so much.The expiries above may…
Fresh off a week where regional banking jitters collided with trade war theatrics, we’re heading into arguably one of the most data-intensive stretches of October. Between inflation prints that could reshape Fed expectations, PMIs offering our first real pulse-check on global growth, and geopolitical chess moves from Washington to Beijing, there’s plenty to keep us on our toes. Here’s a rundown of the major themes driving the markets lately and what to look out for next. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term…
The Japanese Yen (JPY) recovers a major part of its Asian session losses against a broadly weaker US Dollar (USD), dragging the USD/JPY pair back closer to mid-150.00s in the last hour. Recent comments from Bank of Japan (BoJ) officials suggested that the central bank will stick to its policy normalization path and raise interest rates again by the year-end. Moreover, concerns about economic risks stemming from escalating US-China trade spat, a prolonged US government shutdown, and geopolitical tensions drive some safe-haven flows towards the JPY.Any meaningful JPY appreciation, however, seems elusive in the wake of renewed concerns about Japan’s…
China’s Q3 GDP growth slows to lowest in a year, backs calls for more stimulus Source link