Week Finishes In Mixed Mood
Good morning, Traders! For day traders, this time of year can bring mixed emotions- the sleepiness of most markets can sometimes be disrupted by one or two instruments that trend very strongly. So, traders will have to choose how much of their time they sit in front of the charts as it may not be […]
Daily Picks – Mondays Can Be Funny Days
Good morning, Traders! After the previous weeks mixed volatility, and this weeks mostly CPI-oriented calendar news, traders should be prepared for potential surprises. The existing trend across multiple asset classes is a weaker USD, but at the same time, day traders are anticipating a temporary retracement at some point. For the most part, there should […]
Economic Data and Market Movements: Weekly Market Review
Recapping the Week This past week in the financial markets was marked by several important economic releases. The ISM Services PMI in the US painted a picture of resilience in the service sector, surpassing expectations with a reading of 52.7. However, a slight drop in JOLTS Job Openings to 8.73 million hinted at a cooling […]
Weekly Market Review: A Shift in Global Dynamics
Welcome traders, Adam Harris here, your Ambassador to FXGlobe.com. This week, we’ve witnessed some significant shifts in the global markets, signaling a change in economic tides that traders should be aware of. Key Economic Data Insights The U.S. economic data released this week has been a central point of interest. The Core Consumer Price Index […]
Weekly Market Recap: Signs of a Bullish Resurgence Amid Key Economic Data
As we close another dynamic week in the markets, it’s crucial to reflect on the events that have shaped the trajectory of asset classes and what these could spell for the week ahead. The last few days have been punctuated by notable economic releases and market movements that warrant a closer look. Market Movements: A […]
Weekly Market Review: A Deep Dive Into Last Week’s Highs and Lows
Welcome to this week’s market review, where we decode last week’s economic numbers and chart movements to anticipate what the coming week holds for traders. The highlight? An eye-popping 4.9% U.S. GDP growth, which has got everyone talking. Last Week’s Economic Highlights United States A week full of action in the U.S., with unemployment claims […]
Weekly Market Review: Week of October 16-27
Last Week’s Economic Highlights U.S. Data Discrepancies One of the major highlights from last week was the Empire State Manufacturing Index, which came in at a disappointing -4.6, although it was better than the forecasted -6.4. This paints a less-than-rosy picture for the manufacturing sector in the New York region, suggesting that traders should tread […]
The Incredible Impact of Small Daily Profits: Achieving 100% Annual Returns
Welcome traders! Let’s talk about misconceptions in trading- risking that 1%. This amount is a great starting point for new traders, but we can achieve so much more with much less that that. We’re really aiming for small, consistent gains in trading. Did you know that banking just 0.25% of profit daily could potentially lead […]
The Incredible Impact of Small Daily Profits: Achieving 100% Annual Returns
Welcome traders! Let’s talk about misconceptions in trading– risking that 1%. This amount is a great starting point for new traders, but we can achieve so much more with much less than that. We’re really aiming for small, consistent gains in trading. Did you know that banking just 0.25% of profit daily could potentially lead […]
Kiwi on the Move – NZDCAD
Good morning Traders! The New Zealand dollar has finished the week lower against many of it’s trading partners, and NZDCAD caught my eyes. NZDCAD Following a pullback on the Weekly chart, last week move, while coming close, failed to break the high of the previous weekly candle high, which can be seen as a bearish […]