The market does not want to move directionally again, including Gold. The price is not allowed below the 4000.00 level and is moving above the level. Yesterday a Doji pattern formed, keeping the price from going down.
Markets are heading into the July inflation block with the Fed, the dollar and risk assets all waiting for the same answer: is inflation soft enough to keep a September rate cut alive?
A Doji pattern formed on the EURUSD pair at the 1.1392 level. It seems that they do not want to let the price out of the sideways range, which is clearly visible on the weekly chart, and the upward correction will continue.
Crypto traders are being driven into buying cryptocurrency. But is there room to go higher? About this and much more in the article.
Hello. Below are several recommendations for trading on the Forex market for 12/15/2023
Hello. Below will be several recommendations for trading on the Forex market for 18.12.2023
Hello. Below are several recommendations for trading on the Forex market for 29.06.2023
Hello. Below are several recommendations for trading on the Forex market for 28.03.2024
Hello. Below will be several recommendations for trading on the Forex market for 4.09.2023
Hello. Below we will look at what is worth paying attention to when trading the Forex market on 26.07.2023
Hello. Below are several recommendations for trading on the Forex market for 1.04.2024
The market is waiting for the minutes of the June 16–17 Fed meeting to understand whether the pause at 3.50–3.75% was a calm breather or preparation for a possible new rate hike before the end of 2026.
The market day revolves around one major repricing: traders are pricing in a more hawkish Fed, dollar longs have swelled to a decade high, USD/JPY has approached the zone of Tokyo's nervous reaction, and Wall Street is testing how durable the AI impulse is.
Daily roundup: expectations of an earlier Fed rate cut, new inflows into spot BTC ETFs, and the reaction of Brent and WTI to rumors of a possible unscheduled OPEC+ meeting.
Nasdaq 100 is holding at 29,698 USD and adding +1.26%, Nvidia stands at 195.6 USD with a +0.37% gain, but the market is now looking not only at the AI boom itself, but at companies' ability to confirm it with earnings reports and forecasts.
Hello. Below will be several recommendations for trading on the Forex market for 4.12.2023
On the NZDUSD pair, we stopped under the 0.5723 level, which we had marked as a target for the correction. And yesterday a Doji pattern formed beneath it.
On the GBPUSD pair, we stopped in the FVG 1.3325. It is possible that we will make another move slightly above Thursday's high of 1.3384. But I think we can try looking for sales here.
The June employment report revived bets on Fed easing again, but inflation and cautious regulator rhetoric do not give the market a simple scenario. The dollar fell, the yen remained under carry trade pressure, and EUR/USD rose without final confirmation of the trend.
USD/JPY is trading at 161.3 JPY and is down -0.07% on the day, but the market is looking beyond the daily candle: intervention talk, JGB yield expectations, and crowded carry positions are again making the yen an important indicator of global risk.
Brent rose to 72.13 USD and is adding +0.46% for the day on rumors of a possible unscheduled OPEC+ meeting. The market is trading not a decision, but the probability that the cartel is ready to intervene again in the supply balance.
Forex market trading recommendations — reviews, forecasts and trading ideas for traders who follow currency, CFD and crypto market moves.