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Global financial markets are bracing for a possible Fed rate cut. Accordingly, forex markets have priced in the anticipated rate cut. September CPI data indicated US inflation is on course towards 2%; seems like the prevailing interest rates are working. Blackrock thinks the Fed will be cautious with a 25-bps rate cut as opposed to a 50-bps rate cut. There is...

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The Japanese Yen index (JXY) has been on a long term bearish trend. Recent intervention by the BoJ has lifted the Yen. On the weekly charts, the Yen has broken a key level indicating a shift in order flow. Price is expected to push higher to mitigate supply zones. In the short term, we expect the Yen to decline before resuming the bullish move. Consequently,...

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Finally, we have a break of structure and break of weekly swing structure. There is a possibility of a bullish correction (red0 or bearish continuation (black). We will only trade once we have a clear set up. We do favour a bullish correction before thereafter a bearish continuation.

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Bots vs Brains; The hidden edge of Human touch in trading A random Google search on the internet about forex trading robots reveals thousands of forex robots exist. With all these trading robots promising handsome returns in the shortest time, the forex trading industry should be minting new millionaires daily. However, statistics from forex brokers paint a sad...

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DXY has broken above a key level of supply indicating a bullish momentum is still active. Presently we have profit taking going on that will send the dollar slightly lower acros s the board before the bullish move continues.

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On the 4 hour chart, we have a confirmed shift in markets structure indicating a bearish momentum is setting in. The forthcoming bitcoin halving is likely to affect other crypto currencies negatively. The expectation is that as the halving date approaches we will see a lot of selling pressure across the crypto market.

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On the 4 hour chart we have a shift of market structure from bullish to bearish. As we await the release of NFP data, my view is a bearish continuation irrespective of the magnitude of NFP data.

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On the monthly and weekly charts, we have bearish price action.. After a strong bearish run in 2021, the price sought to correct previous imbalance that is about to come to an end. Presently (22.04.2024), we expect price to make one final push higher, thereafter we will be looking for reversal signs.

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The Swiss Franc resurgence across the board can no longer be ignored. Week 1 of September 2024, we are waiting for the release of key macroeconomic data from Switzerland (CPI) and USA (NFP). As it is, the Swiss Franc is stronger across major currencies and we can only expect its resurgence to continue. Presently, USDCHF is yet to give a clear direction. should the...

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This topic explores how uninformed expectations often lead to failure in Forex trading. The internet is littered with people explaining how they lost money in Forex trading or how Forex is a scam. In your circle of friends and family, should you make the mistake of mentioning Forex trading, you are likely to get salty looks. To many, Forex trading equals failure...

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On the monthly charts we have a long term bearish scenario. After a break of structure, the price hit the demand zone and corrected for the better part of 2023. Moving down to the weekly charts, we see a mitigation of a previous supply, thereafter there was a reaction to the downside creating a bearish order flow. On the daily charts, we have correction that seems...

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On the monthly chart the overall trend is bearish. Presently we are in a bullish correction targeting the unmitigated supply at 1.2 price handle. On the weekly charts, the price has settled at a strong supply zone. On the daily chart, price has broken higher indicating the bullish correction is still in play. If the price pushes lower, we will trade the short term...

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Q2, 2024 the US Dollar was weaker against ,GBP,EUR,NZD and AUD. Presently, across these pairs we are awaiting a final push to previous unmitigated or fresh supply zones. Thereafter, possibly during the release of ADP and NFP we could see a resumption of the previous bearish trend.

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On the monthly charts I see a bearish trend that has settled int a major consolidation/ranging market. Within the weekly leg, we have another bearish move and a consolidation. On the daily chart we have a break of structure confirming a bearish trend. Presently, I am waiting for a bearish correction to activate the sell limit orders.

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The overall trend on the monthly chart is bullish. On the weekly and daily charts, we have a bearish market structure indicating we are in a correction. On the 4 hour chart, we are awaiting a break of key structure to confirm bearish momentum. I am looking to trade the bullish correction thereafter targeting the disequilibrium between 0.85 to 0.87

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On the monthly charts, this crypto pair has mitigated a previous demand. From this demand zone we are seeing a reaction where price is pushing up higher. A privacy based crypto, ROSE is poised to make higher highs targeting the fresh supply marked by FOB . Once we have confirmation, we will update the analysis.

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On the monthly chart, we have a larger bearish trend. Presently, the price seems to be seeking the unmitigated supply at 156 price handle. Once we have a mitigated supply, we will be looking for sell limit orders targeting the monthly fair value gap and flip zone at 116.5 price handle. On the weekly charts, upon refinement. we have equal highs at 159 price handle...

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On the monthly charts we have abearish trend targeting the monthly low. On the weekly charts we have registered a change of character on the long term trend. We have confirmed the reversal from bullish to bearish. On thedaily charts we have an internal break awaiting break of key levels to confirm sell limit orders. On the 4 hour charts we have a minor bearish...