The Fundamental Journey: Trading Between Key Levels
Welcome traders! Today we’re going to delve into a bedrock concept in trading: the art and science of trading between key levels. This foundational idea underpins a great deal of trading strategy, and understanding it is vital for any trader looking to make informed, strategic decisions. In every market across the globe – forex, commodities, […]
Unraveling Market Trends A Guide to Reliable Tools for Traders
Hi traders! Traders! Today we delve into the fascinating realm of identifying market trends. Trend trading is a crucial strategy, helping traders make informed decisions and forecast potential opportunities. However, the reliability of various tools and methods used to identify trends varies greatly. Today, we’ll discuss these methods, from least to most reliable. Remember, no […]
ECB Main Refinancing Rate
Good morning Traders! It’s a big week for Central Banks, with the Fed, the ECB and the BOE among the majorCentral Banks delivering their monetary policy and interest rates decision. Surprises onthe rates decision or the outlook can see strong levels of Support and Resistance taken. EURAUD Last week EURAUD has once again tested the […]
Stalking Movements On The EUR
Good morning Traders! Today there are several members of the Bundesbank due to speak, and as the Bundesbank is a very influential member of the European System of Central Banks, we may see increased activity in the Euro. EURGBP Let’s start with the Daily chart. The Daily chart is in a confirmed uptrend, and after […]
It’s the USD Turn – USDJPY: Analyzing the Shift in Market Focus
Good morning Traders! The Japanese Yen pairs continue to offer potential setups, and today it’s the USDJPY turn. USDJPY After a fast rise to the 152 area back in October 2022, the market has been pulling back into it’s Moving Averages on the Monthly chart. It is interesting to note, that despite the selling pressure, […]