High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
EURUSD muddles along with support and resistance defined by technical swing levels/MAs
The EURUSD muddles along with support and resistance defined by technical levels. More specifically the higher the swing area 1.07346 held support. The bounce higher has run into resistance against another swing area between 1.0752 and 1.0756. The 100-day moving...
Geopolitics: WH says talks on possible Gaza hostage deal are ongoing
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Fed Gov. Jefferson scheduled to speak but the topic is not policy focused
Fed's JeffersonFed Gov. Jefferson is scheduled to speak at the top of the hour, but the topic is not policy focused. More specifically he is speaking on "Exploring careers in economics". Perhaps there will be a question-and-answer where he might weigh in on the most...
Goldman Sachs revises GBP/USD forecasts lower ahead of BoE meeting
GBPUSD dailyGoldman Sachs has revised its forecasts for GBP/USD downwards, indicating a less optimistic outlook for Sterling in the context of Thursday's Bank of England meeting and recent market trends.Key Points:Bearish Sentiment: Recent remarks from Deputy Governor...
AUDUSD continues its move lower into retracement support, but below key 100D MA.
The AUDUSD has continued/resumed its run to the downside after the selloff on the "less hawkish" RBA rate decision. The move to the downside for the price back below its swing area near 0.6585, and it's 100-day moving average 0.6575. The momentum continued down until...
Weekly Crude oil inventory show a -1.362M drawdown vs -1.066 M estimate
Crude oil showed a large and expected drawdown of 1.362M vs expectations of -1.066MGasoline showed a unexpected build of 0.915M vs expected -1.255M drawdownDistilates showed a build up 0.560M vs an expected drawdown of -1.098MCushing showed a build of 1.880M vs last...
USDCAD rotates back lower in the early NA session & looks to test support target support.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US March wholesale inventories (revised) -0.4% versus -0.4% preliminary
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Presidential elections 2024: what do they mean for investors?
Disclaimer. We provide impartial political commentary. We do not endorse any political party or figure, focusing strictly on political events' economic and market consequences.The bulk of 2024's electoral action will occur in Europe, with 19 countries voting. The head...
Not a great start for US stocks. Uber and Tesla got the market off to a negative start.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
USDCHF consolidates gains. Traders use swing area resistance as lean point/low risk target
The USDCHF is consolidating in a narrow trading range today after and up and down move to the upside on Monday and Tuesday. Recall on Monday, the low price installed nearly 38.2% retracement of the move up from the March 2024 low. That level comes in at 0.90341.The...
ECBs Holzmann: Does not see a reason to lower rate to much too quickly
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
AUDUSD Technical Analysis – The RBA disappointed the hawks
Fundamental OverviewThe USD weakened across the board last week due to a more dovish than expected FOMC decision last week where the Fed decided to signal a bigger QT taper beginning in June and the Fed Chair Powell pushing back repeatedly against rate hike...
Conviction is the backbone of a winning macro trade. Join me for a webinar on finding it
This Friday at 10 am, I'll be hosting a webinar on Macro Conviction. The big money in markets is in finding a trend and riding it. In order to do that, you need to have conviction in your thesis. This webinar is about how to acquire that conviction and some concrete...
ECBs Wunsch: I see a path for initiating rate cuts this year
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US Justice Dept is examining if Tesla permitted wire and securities fraud in self driving
The US Justice Department is examining if Tesla permitted wire and securities fraud in their self driving claims.The question is did they overstate their expectations for self driving? Was there an intent to defraud investor decisions from their overly optimistic...
Kickstart the FX trading day for May 8 w/ a technical look at EURUSD, USDJPY and GBPUSD
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
USDCAD Technical Analysis – The buyers are in control
The USD weakened across the board last week due to a more dovish than expected FOMC decision last week where the Fed decided to signal a bigger QT taper beginning in June and the Fed Chair Powell pushing back repeatedly against rate hike expectations. Moreover, the...
폰으로 한번만 해도, 매달 자동으로 돈이 들어온다고!?
https://www.youtube.com/watch?v=Lqdg16zr2so #부업 #투잡 #재택부업 폰으로 가능한 한 번이라도 따라하면 매달 자동으로 수익이 들어오는 부업을 소개합니다 안녕하세요? 절약왕 정약용 인사드려요 ^^ 영상이 도움이 되셨다면, [구독]과 [좋아요] 부탁드려요 🙂 오늘도 행복한 하루 보내셔요 ^^ MoneyMaker FX EA Trading...