Author: FX

This week our currency strategists focused on the monetary policy statements from the Reserve Bank of Australia and Reserve Bank of New Zealand for potential high-quality setups in the comdolls. Out of the eight scenario/price outlook discussions this week, two discussions 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…

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AI hype and data-center capex have been major market drivers in the past year but there is some angst lately about how much is being spent and whether there is a real business case for it all. That really kicked off with DeepSeek undercutting cost assumptions and now there is a TD note doing the rounds suggesting that Microsoft is pulling back on spending.I’ve published the text of the note below.Our channel checks indicate that $MSFT has 1) canceled leases in the US, totaling ‘a couple of hundred MWs’ with at least two private data center operators, 2) has pulled…

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AMD Stock before NVDA’s quarterly earnings event this week: After the failed breakoutAfter AMD’s attempt at breaking out from a potential bull flag on the daily chart failed, two key paths are under observation. It’s crucial to emphasize that this is not a forecast or a trading plan but rather an analytical perspective on possible market behavior. The buyTheDip strategy was previously outlined, where two out of three buy orders have already been executed, with the possibility of the third still pending.Is AMD Stock a Buy Right Now?The chart presents two possible paths for AMD’s price action:AMD daily chart with…

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Do you struggle to guess where prices will go in forex trading? Many traders do. The ups and downs of currency pairs can lead to missed chances and big losses. But, there’s a way to know more: support and resistance levels. These key spots in the market give us clues about when prices might change or keep going. By learning about support and resistance, traders can find the best times to buy or sell. They can also manage risks better and make smarter choices. Let’s explore how these concepts can change your trading game. Key Takeaways Support and resistance levels…

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Are you having trouble making money in forex trading? It might not be your strategy that’s the issue. Many traders forget how important forex trading psychology is for success. Losing money over and over can make you make bad choices, which hurts your results even more. But there’s a way to change this. By getting a winning mindset, you can make your trading better. This can help you do your best in the forex market. Research shows that a positive mindset can make trading 46% better. This big difference shows how key mental preparation is. By working on your mental…

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Forex trading can be a wild ride. With daily trading volumes at $7.5 trillion, the chance for profit is big. But so are the risks. Many traders lose their money fast, thanks to bad forex risk management. Imagine losing 2% on each trade. After 50 bad trades, your $5,000 account is gone. It’s a scary thought. But there’s a way to protect your money. By learning how to manage risks, you can trade with confidence. Let’s explore the strategies to keep your forex journey safe. Key Takeaways Forex market volume reaches $7.5 trillion daily. 2% risk per trade allows for…

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