Trade Case Study Update: AUD/USD Closed
A short position in AUD/USD, initially triggered by weaker-than-expected Australian GDP data, was closed profitably today as the U.S. jobs report showed stable employment conditions.
Read MoreA short position in AUD/USD, initially triggered by weaker-than-expected Australian GDP data, was closed profitably today as the U.S. jobs report showed stable employment conditions.
Read MoreCAD/CHF was stopped out as external market forces overwhelmed the fundamental setup and broke a strong support area. What are the takeaway lessons?
Read MoreRecent jobs-related reports supported a December Fed rate cut. Will the November jobs numbers strengthen the markets’ dovish Fed expectations?
Read MoreBOC members hinted at more interest rate cuts, despite their push for more data dependence. Will November’s labor data support BOC’s relatively dovish lean?
Read MoreWeaker-than-expected Australian GDP print potentially sets up AUD/USD for continued downside moves in the short-term. How can we potentially structure risk around a possible move lower?
Read MoreEUR/GBP Has moved favorably for us over the past week, even hitting initial targets before bouncing in the new month. What catalysts are up ahead and what are some ways to adjust to them?
Read MoreIt’s been a choppy ride for CAD/CHF and it doesn’t look like things will get any calmer with top tier updates for the broad markets & the Canadian dollar ahead. Time to adjust?
Read MoreAustralia’s upcoming quarterly GDP release could make or break RBA policy expectations. Here’s what I’m looking at on EUR/AUD and AUD/CAD in case the numbers surprise to the upside.
Read MoreToday, we’re exploring AUD/USD and GBP/AUD’s setups if Australia’s growth continues to underwhelm the markets.
Read MoreThe Land Down Under is about to print its economic report card for Q3 2024!Did growth improve slightly as the RBA expected?
Read MoreThis week our currency strategists focused on the Australian CPI update and the RBNZ Monetary Policy Statement for potential high-quality setups. How did they play out during the choppy week?
Read MoreJPY led majors while CAD struggled amid trade uncertainty & falling oil prices, highlighting how policy shifts and external factors shaped forex markets this week.
Read MoreThe final week of November delivered a mix of significant market developments, despite the shortened U.S. trading week due to a major U.S. holiday.
Read MoreOur first two trade management case study ideas have put us into two fresh positions in CAD/CHF & EUR/GBP. Here’s a quick update & thoughts on both!
Read MoreExpectations are for the RBNZ to slash rates by another 0.50% this week, as inflation and employment have been lagging. Here’s what I’m watching on AUD/NZD and NZD/JPY in the event of a dovish announcement.
Read MoreWord on the street is that the RBNZ is about to cut its interest rates by as much as 50 basis points! How may NZD react to the news? We’re giving you points that might help if you’re trading the event!
Read MoreThis week our currency strategists focused on the Canada’s CPI Report (October 2024) and U.K. CPI Report (October 2024) for potential high-quality setups.
Read MoreAustralia is dropping its October CPI figures! If the event turns out to be AUD-bearish, setups on GBP/AUD and AUD/CHF could highlight AUD’s weakness.
Read MoreAustralia has its CPI report lined up this week, and traders are keen to find out if sticky price pressures are still likely to keep the RBA hawkish. Here’s what I’m watching on AUD/JPY and AUD/CAD in this scenario.
Read MoreGlobal markets rallied despite heightened Russia-Ukraine tensions, with gold and oil gaining on safe-haven flows while bitcoin neared record highs.
Read MoreWe learn wisdom from failure much more than from success. We often discover what will do, by finding out what will not do; and probably he who never made a mistake never made a discovery.Samuel Smiles