Technical

Basic overviewThe US dollar got a little support this week as Fed Chair Powell reiterated that 50 basis points easing by the end of the year remains the base case. As a result, the probability that the Fed will cut interest rates by 50…

Basic overviewThe US dollar got a little support yesterday as Fed Chair Powell reiterated that 50 basis points easing by the end of the year remains the base case. The market probability of a 50 basis point Fed cut in November fell from 51%…

Basic overviewLast week, the People's Bank of China (PBoC) announced a lot of easing measures ranging from short-term and long-term interest rate cuts. Copper rose strongly as China accounts for more than 50% of copper demand. Things are…

Basic overviewThe US dollar remains under pressure amid aggressive market pricing in interest rate cuts and a better outlook for global growth in the wake of China's recent massive easing measures. It's now a battle between global growth,…

Basic OverviewYesterday, the US consumer confidence report surprised markets with the biggest decline since 2021. The labor market data in the report also fell significantly, and it generally leads the unemployment rate. The market has…

Basic OverviewThe People’s Bank of China announced a series of easing measures tonight, ranging from short-term to long-term interest rates. This was the catalyst for the rise in copper prices. Things are starting to look better for the…

Casper Benson/Getty ImagesThe stock market rally is expected to continue through 2025, according to Ari Wald of Oppenheimer.In a note, Wald highlighted the strong market breadth and healthy indicators across sectors.Key sectors such as…

Basic OverviewCrude oil remains supported as buyers may be looking at the implications of the Fed’s easing cycle on economic activity. As a reminder, crude oil positions are at all-time lows and sentiment is very bearish. These factors can…

The USDCHF pair continues to experience choppy price action, with the current move testing a crucial downside target. After failing to break above the 38.2% retracement level of the decline from the mid-August high to the September low, the…

In this video, I take a look at the technical roadmap for traders through the FOMC rate decision. What could increase the bearish bias and why? What could shift the bias to the upside - at least in the short term.With the price falling and…