Author: FX
TradeCompass: Nasdaq 100 E-mini Futures Analysis – 13 January 2025Financial Instrument: Nasdaq 100 E-mini Futures (NQ Futures)Price at the Time of Analysis: 20885Key Levels and Trade Scenarios for Nasdaq 100 Futures TodayBullish Above: 20986Why Bullish Above:If Nasdaq 100 futures surpass 20986, the price would trade above today’s VWAP, the developing Value Area High (VAH), and Friday’s VAH. This move signals strong bullish momentum and could attract additional buying activity.Bullish Profit Targets for Nasdaq 100 Futures Today:21062 – Just below Friday’s VWAP, a critical institutional level.21100 – Friday’s Point of Control (POC), a high-volume price level.21173 – Below Friday’s VAH and…
FX option expiries for Jan 13 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts 1.0200 3.9b 1.0250 2.5b 1.0300 5.1b 1.0310 2.4b 1.0375 3.4b GBP/USD: GBP amounts USD/JPY: USD amounts USD/CHF: USD amounts AUD/USD: AUD amounts USD/CAD: USD amounts Source link
This Kiwi pair has formed lower highs and lower lows inside a falling channel on its 4-hour time frame. Is the trend still our friend or can we see a breakout and reversal soon? Take a look at these inflection points! NZD/CHF 4-hour Forex Chart by TradingView NZD/CHF has been cruising steadily south in its falling channel since November last year, and it looks like price bounced off the resistance yet again. However, buyers appear to be defending the near-term area of interest around the .5100 major psychological mark, possibly leading to another test of the channel top. Or are…
HONG KONG (Reuters) – Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope of its Bond Connect program for mainland China investors, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority said on Monday. The announcement came alongside others made by China’s central bank Governor Pan Gongsheng at a business conference, including pledges to help Hong Kong provide cheap yuan funding in the territory and measures to support the yuan, which has slid to 16-month lows. Beijing will support Hong Kong in the launch of the trade finance scheme using 100 billion…
Sterling took a beating last week as concerns over the U.K. economy weighed heavily on the currency, leaving it vulnerable to another shaky performance in the coming days. That said, the Event Guide for the U.K.’s December CPI Report highlights that leading indicators, like business surveys, suggest price pressures remained elevated last month. If U.K. inflation data comes in hotter than expected, it could lead traders to scale back expectations for BOE rate cuts, potentially driving demand for GBP. Here’s why GBP/CHF and GBP/NZD are on my radar if that scenario plays out! This Article Is For…
We’ve got a fresh round of inflation figures from the U.K. this week, and the results could put the BOE on a clearer policy path. Our Event Guide for the U.K. December CPI Report mentioned that BOE officials are worried about slowing growth amid rising price pressures, so a weak inflation print could give them more leeway to ease. Here’s what I’m watching on GBP/AUD and GBP/JPY if the CPI fails to impress. 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…
With BOE officials still pretty much divided on their policy biases, will the upcoming U.K. CPI release steer them towards a particular direction? And are we about to see a more hawkish or a more dovish tilt as a result? Here’s what’s expected for this top-tier report. 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 Access to exclusive MarketMilk™ sections Plus More! Source link
The Ministry of Commerce unveiled its primary objectives for 2025 on Sunday, focusing on expanding access to China’s market, strengthening global collaboration in supply chain development, and maintaining stability in foreign trade and capital flows.In a statement released after a two-day annual meeting, the ministry committed to enhancing domestic consumption, aligning more closely with international trade standards and practices, fostering deeper economic and trade ties at bilateral, multilateral, and regional levels, addressing critical risks, and upholding national security.***That all sounds good. China’s economy faces mounting pressures from a moribund real estate market, surging debt, constrained local government finances, waning productivity,…
Bitcoin (BTC/USD) is having trouble extending its gains above its December highs. Does this mean we should be on the lookout for a bearish trend reversal? We’re taking a closer look at the 4-hour chart for clues: Bitcoin (BTC/USD) 4-hour Chart by TradingView BTC/USD is off to a rocky start this year, as easing Fed rate cut expectations and uncertainty over Trump’s potential trade policies have pushed USD demand higher. Meanwhile, the OG crypto has yet to make new highs after hitting fresh record highs under $108,000 in December. Remember that directional biases and volatility conditions in market price are…
Struggling with emotions while trading forex? Many beginner traders face fear, greed, and stress that hurt their decisions. This article shares simple psychology tips to help you trade smarter and stay in control. Read on to master your trading mindset! Key Takeaways Build a trading plan with clear goals, entry/exit points, and risk limits to stay disciplined. Accept losses as part of trading and learn from them without fear or greed. Focus on steady growth over time instead of chasing quick profits. Use a demo account to test strategies safely before using real money. Take breaks often to reduce stress…