Author: FX
In this data-driven world, it is now harder than ever to find out the truly useful market information among all the noise. That’s the reason why having access to the right Technical Analysis tools and data is crucial to you, not just surviving but thriving among the institutional and retail investors. With today’s markets having an abundance of information and indicators, it’s easy to get lost while having the right strategy but at the wrong time and price. This article delves into the heart of technical analysis and data, which is about making educated predictions about trends, price movements, and…
It will be a busy week ahead with numerous economic events. Monday kicks off with manufacturing PMI releases for the eurozone, Switzerland, the U.K., and Canada. However, special attention will be on the U.S. ISM manufacturing PMI and ISM manufacturing prices. On Tuesday, Australia’s monetary policy meeting minutes will be released alongside retail sales data for the month. Wednesday’s focus will be on Australia’s quarterly GDP data, while Switzerland will release its latest inflation figures. Additionally, final services PMI data will be published for the eurozone, the U.K., and the U.S. The U.S. will also see the release of the…
This week is shaping up to be another volatile one for the currency market, as top-tier economic catalysts like the ECB decision, Canadian jobs report and U.S. non-farm payrolls data are lined up. Source link
This week our currency strategists focused on Australia’s January 2025 CPI Report and its potential impact on the Australian dollar for potential high-quality setups Out of the four scenario/price outlook discussions this week, one discussion arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay. 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…
WTI crude oil prices just busted above a trend resistance zone. Think Black Crack will eventually return to its longer-term downtrend? We’re looking at the 4-hour time frame for clues on where bears could jump in: WTI Crude Oil (USOIL) 4-hour Chart by TradingView In case you missed it, U.S. crude oil prices kept a mid-week rally going on Friday, pushing past $70.00. The move came after tensions between President Trump and Ukraine’s President Zelenskyy escalated, raising the chances of a military conflict and stoking global growth fears. Meanwhile, the safe-haven U.S. dollar got a boost from the risk-off mood,…
Global Times reported on Monday, citing sources familiar with the matter, that China is evaluating countermeasures in response to the additional 10% tariffs the United States (US) will impose on March 4. Key takeaways The measures will likely include a combination of tariffs and non-tariff restrictions, with US agricultural and food products expected to be among the primary targets. Non-tariff measures could involve stricter regulatory scrutiny, customs delays, or other restrictions on US exports to China. Market reaction At the time of writing, AUD/USD is off the highs, trading at around 0.6220, up 0.09% on the day. US-China Trade War…
Do you find forex margin calls hard to understand? Many traders get really scared when they face this problem. Margin calls can quickly empty your account, leaving you upset and confused. But, knowing about margin calls is key for forex trading success. Let’s explore the world of margin calls and their effects on your trading path. We’ll look at how to dodge these traps and keep your investments safe in the currency market. Get ready to improve your forex skills and trade with confidence! Key Takeaways Forex margin trading allows control of larger positions with less capital. A typical margin…
China tea drinks Mixue shares rise nearly 30% in Hong Kong trading debut Source link
Are you finding it hard to deal with the ups and downs of the forex market? News about world events can make currency values swing wildly. This can leave traders feeling lost and worried about missing out or losing money. But there’s hope! This guide will teach you how to use these news events to your advantage. You’ll learn to turn uncertainty into chances to make money. The forex market is huge, with over $6 trillion traded every day. It’s very sensitive to what’s happening around the world. Things like trade wars and political troubles can make currencies go up…
Melbourne Institute of Applied Economic & Social Research at the University of Melbourne Inflation GaugeFebruary 2025 comes in at -0.2% m/mand 2.2% y/y, well below the mid-point of the Reserve Bank of Australia 2 – 3% target band. The next RBA meeting begins on the final day of this month. The Bank is expected to remain on hold. Source link