Trading Insights

Once you’re past the initial learning stage and have chosen a basic trading framework that you feel fits you, then the self-coaching really begins. Here’s how to make it work.

With expectations of a lower volatility week, our strategists slowed it down a bit with only two forex discussions, surrounding the Australian CPI release.

CHF was the one currency to rule them all thanks to positive developments from Switzerland & broad risk-off vibes from geopolitical catalysts & shifting sentiment on economic activity ahead. 

Market players had a lot to digest including property sector updates in China, geopolitical risks, & the always anticipated U.S. core PCE Price Index update!

Like any necessary activities in forex trading, testing your strategies can provide you with the tools you need to get that extra edge over the markets.

USD/CHF recently tumbled following the release of mid-tier U.S. economic data supporting a Fed rate hike as soon as this year. How low can this pair go before the bulls step in?

We’ve got the U.S. core PCE price index (a.k.a the Fed’s preferred inflation measure) up for release this week! Will it support hawkish Fed bets or revive expectations for three interest rate cuts?

Is that a head and shoulders pattern on the 4-hour chart of AUD/USD? Better be ready in case the pair breaks below this neckline!

The U.S. is dropping its first revisions to the Q1 2024 GDP! Will it prompt Fed members to revisit their “higher for longer” stance?

How long and how intense should our efforts be before we can rightfully expect consistent trading results?

Looking for more USD-related setups to trade? EUR/USD looks like it just turned lower from a key resistance zone!

Will the trend still be our friend on AUD/CAD once the Australian CPI report is released? The pair is closing in on its descending channel resistance on the hourly time frame.

AUD/JPY is testing a key technical resistance zone! Will Australia’s CPI figures convince Aussie bulls to extend the pair’s 2024 uptrend?

Will April’s CPI reports convince more members to reconsider the option? More importantly, how might AUD react to the news?

Most trading psychology articles encourage you to work on your weaknesses, but it’s equally important to keep building on your strengths.

Has the precious metal reached the bend at the end on its uptrend? Check out this reversal formation I’m seeing on gold’s 4-hour time frame!

AUD/USD is finding support from a major area of interest! Will this lead to the pair extending a month-long uptrend?

Central bank events and global PMIs were the top drivers, prompting our traders to cover a wide range of currencies, with a big focus on the U.S. dollar. 

Hawkish interest rate bets kept the dollar supported while positive U.K. and Euro Area data releases drew in bullish demand for EUR and GBP.

The RBNZ may have been the only one to publish a policy decision, but that didn’t stop major central bankers from giving their two pips on inflation & policy head!