What Does Data Dependent Central Bank Policy Mean for Trading? With the ECB taking a data dependent approach and Fed Chair Powell indicating something similar following the 50bps rate hike, it pays to take a look at...
Forex Trading Glossary – T Tasuki Gap – Upside and Downside (Candlestick Continuation Pattern) In a bearish Tasuki Gap the market develops in a downtrend in which two long black days develop in succession. The second...
Will There Be a Forex Trading Surprise This Week? As any trader knows, it is the reaction to news (e.g. economic reports, monetary policy decisions that counts. This is where the saying Buy the rumor, sell the fact...
Forex Trading Glossary – S Saucer Pattern A chart formation that shows a gradual decline then a gradual rise in prices with the resultant effect of price taking a saucer-shaped pattern. (Is also known as a rounded...
Will the Fed Cut Rates by 25 or 50 bps.? As we wait for the Fed to make its widely anticipated interest rate decision, this is one that could go either way. The debate is not whether...
Weekly FX Chart Outlook Sept 16-20 If you are looking to trade the news in the you will find plenty to focus on in the week ahead. This should be a week where the reaction to new...
A EURJPY and EURUSD Update from the Savvy Trader EURUSD AND USDJPY – Combine the two majors and one gets: EURJPY And once again a long-term view can produce a shorter timeframe trade Back in 2008 this...
Newsquawk.com Highlights include FOMC, BoJ, BoE, US & UK Retail Sales, UK, Canada & Japan CPI, Australian jobs and New Zealand GDP Newsquawk Highlights September 16 -20 Economic Data Calendar SAT: China Activity Data (Aug) MON: N/A...
Is There a Hidden Hand Defending USDJPY 140? The USDJPY bounce from a new low had me thinking perhaps there is a hidden hand protecting the major 140.21 low and pivotal 140 level. What I mean by...
A Fresh USDJPY Update from the Savvy Trader The following is a fresh USDJPY update from a long time, highly respected Global-View member who I nicknamed the Savvy Trader after he called the top at USDJPY...
Trump vs. Harris Debate: Will Markets React? It is hard to write about tonight’s U.S. presidential TV debate without expressing a political view but I will give it a try. After all, the debate is more about...
Weekly FX Chart Outlook Run for the exits! After whipsaw trading following a weaker US jobs report, the market has to pick up the pieces after a tough end to the week where it ended in...