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Don’t look now, but EUR/CAD could be gearing up for a reversal from its downtrend! Can the pair break above this neckline resistance or will we see a continuation of the slide?
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Amazon stock broke above $240 this week as AWS accelerates, Alexa+ launches on the web, and advertising booms. But tariff risks loom large heading into earnings.
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China’s factory sector just flashed its first green light in eight months—and forex markets are paying attention.
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Australia’s November CPI fell to 3.4%, missing the 3.8% forecast. But sticky core inflation keeps RBA hawks alive. AUD/JPY’s breakout above 105.25 warrants a further look.
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How high can USD/CAD fly before enough dollar bears attack? We’re checkin’ out a potential resistance zone that might rain on the bulls’ parade.
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This franc pair has been forming higher lows connected by an ascending trend line, and it looks like this area of interest is about to get tested soon. Are buyers waiting to hop in?
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If the November CPI remains hot as expected, setups like AUD/JPY and AUD/NZD may provide legit trading opportunities.
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With market expectations running pretty high for the RBA to shift to a tightening cycle soon, can a potentially downbeat Australia CPI still change this trajectory? Here’s what I’m watching on GBP/AUD and AUD/USD in this scenario.
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Weak ISM data and Venezuela crisis set the stage for a volatile week dominated by Friday’s critical jobs report. Will services hold up where manufacturing failed?
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Gold has pulled back from its record highs in last December but seems to be setting its sights higher once more. Will this former resistance zone keep holding as support?
Read MoreOnce you understand your potential for failure—that is, there are times you can’t win—you know when to fold your cards and move on to the next. You will do this more quickly than others who stay in the game too long, hanging on and hoping that their losing bet will turn around.Larry Hite