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Week Ahead in FX (Nov. 11 – 15): U.S. Inflation And Global Jobs Data To Take Center Stage
Get ready for another action-packed trading week, Forex friends! Important data this week includes US inflation reports, the labor market from the UK and Australia, and China data that could shake market sentiment. But before all that,…
Premium Watchlist Recap: Nov. 4 – 5, 2024
This week our currency strategists focused on the Reserve Bank of Australia's monetary policy statement and New Zealand's employment report for potential high-quality setups.
Of the eight scenario/price forecast discussions this week,…
Global Market Weekly Recap: November 4 – 8, 2024
Trump's presidential victory sparked a broad market rally, with investors piling into assets in hopes of business-friendly policies and fiscal stimulus under the new administration. Bitcoin made some of the biggest waves while US stock…
3 Ways to Prevent Forex Trading Addiction
Many of us are attracted to the world of Forex trading because of the potential for significant gains, along with plenty of opportunities to train the mind and will.
For some, the latter comes in second place only because the prospect of…
Chart Art: Gold (XAU/USD) Pulling Back to Support-Turned-Resistance Zone?
Did you miss the head and shoulders collapse we were seeing on gold prices a few days ago?
The precious metal is in the middle of a correction in this area of interest!Take a look at the near-term turning points I'm watching on the…
Daily Broad Market Recap – November 7, 2024
The dust appears to have settled after the US election results were confirmed, with the US dollar paring some of its gains while Treasury yields fell.
On the other hand, risk assets such as US stocks and Bitcoin continued their gains as…
FOMC Cut Rates by 0.25% As Expected in November Decision
The Fed cut its benchmark interest rate by 25 basis points to a target range of 4.50-4.75% at its November meeting, noting that inflation had “made progress” toward its goals.
FOMC policy details:
The target federal funds rate was…
Chart Art: Potential Pullback Points After Bitcoin (BTC/USD) Hit Fresh Record Highs
Bitcoin (BTC/USD) was one of the biggest movers yesterday after Trump's election win raised the prospect of crypto-friendly policies.
We are looking at potential support levels after the BTC/USD price fell from new record highs!…
Chart Art: Can EUR/GBP Stay Inside Its Range?
The EUR/GBP pair is moving back and forth between the support level at 0.8300 and the resistance level at 0.8450.
Is it preparing for a breakthrough soon?
Or are we about to see another bounce off these inflection points?EUR/GBP 4…
Daily Broad Market Recap – November 6, 2024
Trump's election victory dominated price action on Wednesday, sending most major assets to notable highs and lows.
How did your favorite asset trade yesterday?
Our deets:
Titles:
Trump's expected election victory sent the US dollar,…
