Despite China’s recent unexpected interest rate cut, USD/CNH has failed to hold gains and has retraced much of its previous gains. After climbing over a Fibonacci retracement of 23.6%, the USD/CNH has failed to hold above the 38.2% Fibonacci level, which could mean a break of the parity of divisas. The recent decline in food […]
While the S&P 500 closed the month of April with its biggest gain in over 30 years, the market is now stalling at resistance near 4,000. In the Nasdaq 100, heavy selling in Amazon and Microsoft dragged the index lower. Wall Street could be even more active on Wednesday. The S&P 500 is trading cautiously […]
This article explores how the Market will develop in Q4 of 2022, and what to expect from the outlook. Long-end yields are expected to rise. Commodities are expected to do well, and Fed policy is likely to tighten. It will also look at how the Fed’s tightening of policy will affect equities. Market upside in […]
The price of oil is likely to go up. According to oil analysts at S&P Global, geopolitical developments are likely to drive up prices, and supply and demand issues are also a factor. Another oil analyst, Yaw Yan Chong of Refinitiv Oil Research in Asia, attributes the projected price increase to Europe’s soaring gas prices […]
In a world where a weak employment report can undermine the US Dollar, the USD/JPY rate is approaching its yearly high ahead of the NFP report. If the report is negative, the Japanese Yen will strengthen against the USD, and this will make US goods more expensive for Japanese consumers. Conversely, if the report is […]
Contractionary monetary policy is a type of monetary policy that the Federal Reserve implements when inflation threatens the economy. For example, when the economy faces an inflationary gap where the short-run aggregate demand curve intersects with the long-run aggregate supply curve, the Fed will pursue contractionary monetary policy. This type of monetary policy is intended […]
Traders are likely to pivot back to the AUD if more clarity is gained on the timing of the Reserve Bank of Australia’s next rate hike. Last week the central bank indicated that the likelihood of a hike has accelerated due to accelerating core inflation, and overnight-indexed swaps already have an increase of almost 50 […]
To start trading the markets, you should learn about the top 10 candlestick patterns, which are based on research and analysis. A good candlestick pattern is one that tells a story about the market in a particular session. Learning to analyze the sentiment behind the different candle formations is essential to your trading success. Once […]
Trading after a news release requires you to understand how to trade. It’s vital to know what to expect before a release hits the market. The market will often react differently to a release that falls outside of expectations. As a result, you should wait for a few minutes before you start trading. In the […]
If you are looking for a lucrative investment, there are a few strategies that will suit your needs. The most common of these is day trading. It is a relatively new trading style that focuses on making a profit for a day or two. Because of this, there are a lot of trading opportunities and […]