FX Weekly Recap: November 18 – 22, 2024
Major currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied on geopolitical fears while commodity currencies gained on rising oil prices.
Read MoreMajor currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied on geopolitical fears while commodity currencies gained on rising oil prices.
Read MoreWhile having discipline is a very important trait for a trader, we also have to be wary that if we’re too stuck in our ways, we’ll end up imposing our ideas on what the market should do,
Read MoreIs EUR/NZD in for a major trend reversal soon? Better not miss this neckline breakout on the 4-hour time frame if it happens!
Read MoreWhile gold seems to have resumed its rally, silver is still struggling to attract buyers during its ongoing pullback. Could it be in for a reversal soon?
Read MoreWTI crude oil is consolidating inside a descending triangle pattern on its 4-hour chart, and price is currently testing resistance. Is it about to bust higher from here?
Read MoreWe’re seeing the first readings of Euro Area business conditions in November! What trends should you watch out for and how does the euro usually react to the results?
Read MoreToday’s stronger-than-expected UK CPI print potentially sets up EUR/GBP for continued downside movement in the short-term. Will the bears step in for now?
Read MoreEmotions are a big part of decision-making that they can’t be simply eliminated. Here’s how you can use emotions to improve your trading instead.
Read MoreIt looks like USD/CHF is in correction mode on its uptrend, but will these support zones still be able to keep losses in check? Here’s what I’m seeing on the 4-hour chart.
Read MoreToday we saw a stronger-than-expected Canadian CPI print, potentially setting up CAD/CHF for a continued upside move in the short-term.
Read MoreMissed the range breakdown on EUR/CAD? The pair seems to be in the middle of a correction to the area of interest, but will it keep holding?
Read MoreWeak U.K. inflation readings would support BOE members’ expectations of “gradualism” and likely drag GBP lower against counterparts like NZD and JPY.
Read MoreWill the upcoming U.K. CPI report keep the BOE on track with its gradual easing approach? Here’s what I’m looking at on GBP/CHF and EUR/GBP if the actual figures meet or beat expectations.
Read MoreWill the CPI report support the Bank of England’s (BOE) gradual easing approach? Or will rate cut expectations pick up again on potentially weak results?
Read MoreExperiencing fear while trading is normal, but it can get in the way of catching good market moves and being consistently profitable.
Read MoreNZD/JPY has been cruising inside this range since last month, and it looks like another bounce off support is due. Or are we about to see a breakout soon?
Read MoreCanadian CPI is expected to show persistent price pressures, all while CAD/CHF is testing trend line support and EUR/CAD is eyeing a key resistance.
Read MoreCan Canada’s upcoming CPI reports boost Bank of Canada (BOC) easing expectations? Here’s what I’m watching on GBP/CAD and CAD/JPY in case the inflation figures fall short again.
Read MoreWith the Bank of Canada (BOC) still one of the more dovish central banks out there, can the upcoming Canadian CPI report boost their easing odds soon?
Read MoreThis week our currency strategists focused on the U.K. Employment Report & Australia’s Employment Report for potential high-quality setups. Let’s see how they played out!
Read MoreI always define my risk, and I don’t have to worry about it.Tony Saliba