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News

  • April 7, 2024

US Dollar’s Outlook Rides on US Inflation Data - EUR/USD, USD/JPY, GBP/USD

The U.S. dollar lost ground this past week, but the tide could turn back in its favor in the coming days, especially if Wednesday's U.S. inflation report surprises to the upside and triggers a hawkish

  • April 5, 2024

USD/JPY Tiptoes Towards Bullish Breakout after Strong US Jobs Data. What Now?

USD/JPY advanced on Friday, inching closer to horizontal resistance at 152.00 after strong U.S. jobs data boosted U.S. Treasury yields across the curve.

  • April 5, 2024

US NFPs Trump Expectations, US Dollar Grabs a Bid, Gold Slips But Retains Haven Support

The latest US NFPs beat expectations by a wide margin, while the closely followed unemployment rate fell. The US dollar gets a bid going into the US open.

  • April 5, 2024

Brent Crude Prices Hit $90 as Geopolitical Tensions Flare up

Brent crude oil breached the $90 mark after Israel’s latest attack on Iranian targets stoked already elevated tension. Biden calls for immediate Gaza aid amid policy warning

  • April 5, 2024

Japanese Yen (USD/JPY) On Edge After Official Verbal Intervention, NFPs Next

Japanese PM Fumio Kishida put the market on notice today that he will take action if there are any further excessive moves in the value of the Yen.

  • April 5, 2024

EUR/USD and Oil – Awaiting Fibonacci Resistance Breakout for Bullish Continuation

This article explores breakout strategies with insights into two potential trade setups on EUR/USD and crude oil prices. In the piece, we also examined major tech levels to watch in the coming days.

  • April 4, 2024

Trading EUR/USD, USD/JPY, and GBP/USD: Strategies for the Most Liquid FX Pairs

EUR/USD, USD/JPY, and GBP/USD are among the most heavily traded currency pairs in the forex market. Each pair boasts unique characteristics and dynamics, demanding tailored trading approaches.

  • April 4, 2024

Common Mistakes to Avoid when Trading Forex or Any Other Assets

Trading in financial markets can be rewarding, but it's also fraught with risks. Many beginners, and even experienced traders, often fall into common traps that can lead to losses. Understanding and a

  • April 4, 2024

US Jobs Report Preview: Market Impact Analysis; Setups on USD/JPY, Gold Prices

The March U.S. employment report will provide valuable information on the health of the U.S. economy and may guide the Fed’s next move in terms of monetary policy.

  • April 4, 2024

More Japanese Yen Weakness May Prompt the Bank of Japan To Step In

The USD/JPY market is stuck just below the 152 region as traders suspect official action if they push it higher

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