• April 5, 2024
  • Market News
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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....
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  • April 5, 2024
  • Market News
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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...
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  • April 5, 2024
  • Market News
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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....
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  • April 5, 2024
  • Market News
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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....
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  • April 5, 2024
  • Market News
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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....
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  • April 5, 2024
  • Market News
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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....
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  • April 5, 2024
  • Market News
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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 avoiding these mistakes is crucial for long-term success and consistency....
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  • April 4, 2024
  • Market News
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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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  • April 4, 2024
  • Market News
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Gold Posts a Fresh All-Time High Above $2,300 as US NFPs Near

Gold continues to rally and today traded above $2,300/oz. level. Friday’s US Jobs Report (NFP) will consolidate or break this move higher...
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  • April 4, 2024
  • Market News
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Euro Update: Weaker US Activity Data Helps the Euro Reclaim Lost Ground

The euro has found its feet after slower US PMI data and a more dovish message from the Fed resulted in higher moves for both EUR/USD and EUR/CHF...
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