Pullback

The miss in the ADP report yesterday gave the market a bit of relief after a series of strong economic data like Jobless Claims, ISM Manufacturing PMI and Job Openings. The ISM services PMI has also printed bang on expectations, and coupled…

The Nasdaq 100 is forming a textbook downtrend pullback setup on the 4-hour chart? Will the sellers jump back in or is there an upside breakout ahead? Nasdaq 100 (NAS100): 4-Hour Forex Chart by TradingView On the four hour chart…

Concerns over a “higher for longer” interest rate environment have pushed USD higher and “risky” assets like NZD lower today.How low can NZD/USD go? Lemme tell you all about the potential support zones that we’re eyeing: NZD/USD…

Canada is printing its August inflation numbers! Will today’s release extend NZD/CAD’s downtrend? Or will it start a range and then a reversal? We’re looking at the 1-hour chart today, yo! NZD/CAD 1-Hour Forex Charts by TV In case…

EUR/USD is finding it hard to recover from last week’s lows ahead of the U.S. CPI release! With the U.S. CPI and ECB monetary policy decision ahead, we think EUR/USD may present a potential trade opportunity. Are you also seeing what…

The coast is clear in terms of top-tier economic catalysts today, but can the U.S. jobless claims report spark some volatility like in the past weeks? Number crunchers are predicting a weak read this time, so the report might force the…

EUR/USD just broke a key trend line resistance! Will today’s catalysts provide a break-and-retest situation in the 15-minute time frame? Check this out:EUR/USD 15-Min Forex Chart by TV After consolidating at the 1.0800 area, EUR/USD…

Missed the neckline breakdown on crude oil? If you’re still bearish on the commodity, this pullback might be an opportunity to short! Check out this trend reversal setup on the 4-hour time frame!WTI Crude Oil (USOIL) 4-hour Chart by…

Spot gold just bounced from its new intraweek lows! In case you missed it, the Fed’s recent meeting minutes showed that members are still largely concerned about Uncle Sam’s inflation trends. In fact, many expect that they’ll keep their…

The US economic data keeps on showing a resilient economy and as a consequence the higher for longer stance becomes more and more certain which is making Treasury yields to rally. This has been supporting the USD as we’ve been seeing a…