Play of the Day: EUR/USD Testing Range Resistance
EUR/USD is still hanging out inside its short-term range and testing resistance. Will we see big moves when top-tier U.S. catalysts come up later?
Read MoreEUR/USD is still hanging out inside its short-term range and testing resistance. Will we see big moves when top-tier U.S. catalysts come up later?
Read MoreWTI crude oil is testing a previous resistance area after making new 2024 highs! Are we looking at a chance to buy?
Read MoreThe Bank of Canada is dropping a new policy statement soon! Have easing inflation pressures convinced members to turn less hawkish?
Read MoreWe’ve got a handful of U.S. leading jobs indicators that might influence NFP bets for this week! First of these is the ISM services PMI that might spur an intraday bounce or a break on USD/JPY.
Read MoreCAD/JPY can’t seem to get past the 111.50 resistance. Are the bulls just taking a breather? Or is the pair ready for a longer-term reversal?
Read MoreThe Land Down Under is about to print its economic report card for Q4 2023! Did it chalk up a stellar enough performance to keep the RBA hakwish?
Read MoreIn trading, actively managing open positions is just as important as coming up with your plan. Here’s what you should remember when watching your trades.
Read MoreEUR/AUD just pulled back after making new 2024 highs! How low will the pair go before the bulls step back in?
Read MoreOur forex strategy discussions had a mixed week as some fundamental triggers didn’t play out but we did see one solid setup in NZD/CHF.
Read MoreNZD was the biggest mover & loser this week, dropping big as the RBNZ shifted its policy bias, while JPY took the top spot on hawkish BOJ rhetoric.
Read MoreIt was a BUSY week as key data releases and additional speeches by monetary authorities inspired price adjustments for the major asset classes.
Read MoreAs a trader, you must develop biases instead of simply making many predictions. But how can you tell the two apart?
Read MoreThis precious metal is now closing in on the bottom of its range and might be in for yet another bounce. Do you think this support zone might hold?
Read MoreBefore the week comes to a close, the dollar has one more major catalyst in the form of Uncle Sam’s ISM manufacturing PMI. Here’s why it might be a big deal.
Read MoreBOJ officials aren’t playing around and yen traders have noticed! Will today’s moves inspire a longer-term bearish reversal for EUR/JPY?
Read MoreIs the trend still our friend on WTI crude oil? The commodity price is retreating from its channel top and looks ready for a pullback.
Read MoreWith the Fed pushing back on interest rate cuts, can the upcoming U.S. core PCE price index release change their minds?
Read MoreWhen you get stuck with the dreaded trader’s block, you feel paralyzed and unable to pull the trigger on any trade. How can you cope?
Read MoreThe New Zealand dollar dropped like a rock after the RBNZ’s decision! Are we looking at an opportunity to buy NZD at cheaper prices?
Read MoreThe less-hawkish RBNZ may have spurred a massive Kiwi selloff, but could this be a chance to hop in the NZD/JPY rally at better levels?
Read MoreNot doing more than the average is what keeps the average down.William Winans