Author: FX

USD/CHF is holding a firm downtrend on the daily chart, printing lower highs and lower lows since November 2025 while trading well below both the 50 Exponential Moving Average (EMA) at 0.7882 and the 200 EMA at 0.8125. The pair dropped sharply from the 0.8000 area in mid-January, falling through the 0.7800 handle to reach a low near 0.7604 before staging a corrective bounce. That recovery stalled around 0.7800, forming a cluster of resistance where the prior consolidation zone and the psychological round number converge. Price is now trading near 0.7683 after a strong bearish daily candle, suggesting sellers remain…

The “Takaichi Trade” has officially entered its second, more aggressive phase following Prime Minister Sanae Takaichi’s historic landslide victory in the February 2026 snap election. With her Liberal Democratic Party (LDP) securing 316 seats, forming a two-thirds supermajority (352 seats) with the Japan Innovation Party (JIP), Takaichi now holds an unprecedented mandate to reshape the Japanese economy. This “supermajority” is a game-changer for financial markets. It grants Takaichi the power to override the upper house and push through her “reflationist” agenda without the friction that hindered her previous minority government. For traders, this has reignited the “Takaichi Trade” with a…

Headlines:Markets:Japanese yen holds higher after verbal intervention by Tokyo officialsTakaichi trade in focus after ruling LDP party claims ‘supermajority’ in electionUS dollar pressured lower across the board in mixed marketsPrecious metals stay in focus; gold up 1% to $5,010 while silver up 3% to $80.28Equities wobble after steady showing early on, tech shares laggingEuropean indices hold slight gains while US futures drop; S&P 500 futures down 0.2%, Nasdaq futures down 0.5%Bitcoin dips back below the $70,000 mark; down over 2% to $68,98310-year Treasury yields up 2 bps to 4.228% as China calls on local banks to reduce exposureIt’s a mixed…

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…

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