Tag: Trading strategies

Yen strength has continued to persist, supported by an increase in Tokyo's core-core inflation rate to 1.9% y/y in November. This has led to speculation that the Bank of Japan (BoJ) may hike its...

The recent appointment of Scott Bessent as the US Treasury Secretary has had a significant impact on the bond market. Bessent has proposed a plan to reduce the government deficit to 3% of GDP,...

The global markets were influenced by the ongoing conflict in Ukraine, with concerns rising about a potential escalation. European equities and yields experienced a significant drop, leading to a risk-off sentiment in the market....

The Australian Dollar (AUD) continued to decline against the US Dollar (USD) and tested the 0.6440 support level. However, it managed to bounce back above a bearish trend line with resistance at 0.6480 on...

Next week, there are several important economic events to keep an eye on. On Monday, the US NAHB Housing Market Index will be released. Tuesday will bring the RBA Meeting Minutes, Canada CPI, US...

Foreign exchange trading is a high-risk activity that may not be suitable for all investors. It is important to carefully consider your investment objectives, experience level, and risk tolerance before engaging in foreign exchange...

On Monday, 11th November 2024, the FX option expiries analysis shows only one significant level to watch out for: EUR/USD at the 1.0700 level. Last week, the daily lows were supported by this level,...

Next week is packed with important economic events that could impact the global markets. On Monday, the Bank of Japan will release its Summary of Opinions. Tuesday will bring key reports including the UK...

The US stock markets saw significant gains this week, with the Russell 2000 index experiencing its largest weekly increase since 2000. This surge in stock prices was fueled by a variety of factors, including...

The EUR/USD pair saw a rise from a short-term low of 1.0760 last week, reaching 1.0904 before retreating. This week, the initial bias has turned neutral. There may be more consolidation above 1.0760, and...