THIS WEEK’S MARKET-MOVING EVENTS (all days local)
The week of March 24 brings a flood of critical economic indicators, with global flash PMIs offering early insight into how new U.S. tariffs on steel and aluminum are affecting European exporters. Germany, the EU’s top metals exporter, could see further pressure in its manufacturing readings. In the U.S., housing data may reflect a rebound from weather-related slowdowns, while regional Fed surveys and PCE inflation numbers provide updates on manufacturing health and price pressures. In Asia-Pacific, inflation figures from Australia and Japan will guide monetary policy, especially as core price trends remain under close scrutiny.
Econoday
A good day, the focus is on USD/CAD, the Market opened at price 1.43574. it has gone on a steady decline ever since and is currently at price 1.43369. As a price action pro, i see cad going to reclaim its selling bias to the price range of 1.43223, at least before returning upwards.
Price has hit a rock bottom low at price 1.43247 and has started a slow upward movement. So we are expecting a few pips downwards to secure profits. Don’t get greedy. Setting a tight TP/SL is essential. A word is enough for the wise.
GBPUSD
Daily Supports: 1.28850, 1.28500 & 1.28050
Daily Resistances: 1.29300, 1.29700 & 1.30100
Weekly Supports: 1.28850, 1.28500, 1.27750 & 1.26600
Weekly Resistances: 1.30150, 1.30450 & 1.30800
EURUSD
Daily Supports: 1.07950, 1.07650 & 1.06300
Daily Resistances: 1.08300, 1.08600, 1.08900 & 1.09200
Weekly Supports: 1.07950, 1.07300 & 1.06650
Weekly Resistances: 1.09550, 1.10250 & 1.11700
Newsquawk Week Ahead: Highlights 24th-28th March 2025Newsquawk Week Ahead
Highlights include US PCE, Global PMIs, UK CPI and Spring
Statement, Australian & Tokyo CPI, BoJ SoO
I posted this earlier and what was a classic AT setup once again played out to perfection
You can get a free ($!) AT trial as aa member benefit for joining GTA (free)
XAUUSD 4 HOUR –  What is The Amazing Trader (AT) saying
Posted earlier
AT Directional Indicator (2 blue lines off the high) indicating a downside risk BUT only a move through 3022 would suggest anything more than consolidation.
Below 3022 lies 3000-05
Above 3047 would put the record 3057 high in play again.
Sometimes It’s Good to Be Passive
I know that most traders prefer to be in constant touch with the market from fear not to lose an opportunity to take a trade.
But in reality that approach produces some counter results at the end:
–Â Â Â Â Â Â Â Â Â When your brain becomes overwhelmed by data and action, your capability to trade reasonably is shrinking.
–Â Â Â Â Â Â Â Â Â Running after every single trade creates a fog in front of your eyes
–Â Â Â Â Â Â Â Â Â You are starting to see situations that are either not present at all or are opposite of what you think
–Â Â Â Â Â Â Â Â Â You start to hoard stop losses and a killing spree of your margin is inevitable.
–         Suddenly you don’t know anything and market ( and the whole world ) are against you
So take a break from time to time
Especially if your trades are not going as you expected
–Â Â Â Â Â Â Â Â Â Let it be for awhile
–Â Â Â Â Â Â Â Â Â Pull back and relax
–Â Â Â Â Â Â Â Â Â Once fog is gone, backtrack all your trades that went wrong and find why it happened
–Â Â Â Â Â Â Â Â Â Once you figure it out, you can go back to fight
Barclays Weekly Insights
From uncertainty to multi-shock
As the US administration seems determined to impose high tariffs and ‘detox’ the domestic economy, US growth is set to slow sharply, with global spillovers. Effects from higher European investment will lag but could be significant. We expect the Fed, BoE and BoJ to remain on hold.
The Trump administration has expressed more tolerance for adverse economic fallout from tariffs than we had thought. We adjust our assumptions by incorporating softer trajectories for activity and a bigger upsurge in inflation in the US.
We lower our euro area growth forecast for 2025 as activity is set to decelerate further given US tariffs on EA exports. We still see the ECB’s depo rate reaching 1.5% by year-end.
In the UK, a weaker growth outlook, tariff uncertainty, and an easing labour market but rising inflation expectations provide a complicated backdrop to the MPC meeting.
We expect the Bank of Japan to keep its “on track” assessment of growth and inflation, but take time to gauge the effect of its January rate hike as well as tariffs and wages.
China data suggest risk of prolonged deflationary pressures this year, while companies are holding back from hiring. US trade risks are two-sided.
US tariffs on steel and aluminium are unlikely to have a material economic effect on Emerging Asia, but more severe tariffs could slow the export up cycle.
Positive comments on a Ukraine ceasefire have driven market sentiment in CEE.
Labour indicators report healthy momentum in most of Latin America. However, this does not necessarily reflect economic strength.
EURUSD 4h
1.08600 proved to be impenetrable and afterwards Eur broke below channel trendline.
If it closes in next 10 min around here – 1.08200 or lower, we are going to have Pattern signal for sell.
What I don’t like about it is a fact that this is already a prolonged correction and the law we saw is so called extended move – so carefully
Use stop – I would place it just above 1.08250 , but that’s just me – don’t like big stops and my approach is that if market doesn’t go my direction – voila…I am out.
FED gang member blablablah
–
Fed’s Williams says monetary policy in right place amid notable uncertainty
New York Federal Reserve President John Williams said on Friday the U.S. central bank’s monetary policy is in the right place at this time, given how the economy is performing in an environment where the outlook is quite uncertain. “There is certain uncertainty in monetary policy” and “the …
Fed’s Williams: ‘Uncertainty is high’ amid shifting US economic policies
New York Federal Reserve president John Williams on Friday stressed the uncertainty of the US economic outlook, saying he expects lower growth
hia “personal opinion” for your concideration
certain uncertainty hahaha. some are just not shakesperaen wordsmiths
DLRx 103.60
–
overall USD is getting some love from market, BUT not enuff to be charging out of call it consolidation zone
another overall is that bonds too are more mixed that lop-sided.
jerome tried to bamboozle players with some blablah about stagflation …
and so my so-far instinct observation is that with CB yikyakings about rates and ploicies over, players are and will put focus on any “clarifications” about April 2nd tariffications dynamics.
still overall in my reading of market sentiment about the dollar is that there retisence to rush into it, which by extention means that a rally in the dollar should have limited octane. in other words dlrx puppy will be needing to rush through 104 decisively and hold the level.
euro 1.0832 as I type.
I am biased down on this one. I maintain it needs to test decisively 108.20 Sup failure of which should open up approx 100 southerly pips and towards the 200dma
.
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https://www.onlinebroker.fr
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What is Risk Management in Trading – Forex Forum
For any trader, managing risk is essential to success. But what exactly is risk management? In this blog post, we’ll explore what risk management is and how it can help you become a successful trader.
We’ll also look at some common mistakes that traders make when it comes to managing their risks. After all, if you’re not managing risk appropriately, you’re just a gambler. So if you’re ready to learn more about risk management, read on!
What is Risk Management in Trading?
Risk management is the process of assessing, controlling, and managing risk within a trading portfolio. This involves defining trading goals and understanding potential losses that could occur as part of the trading process.
It also includes identifying potential risks, such as market volatility or sudden changes in the market, understanding how these risks can affect your profits, and taking steps to limit potential losses.
In general, risk management should be a priority for all traders. By properly managing your risks and using effective strategies, you can minimize potential losses and increase the chances of making successful trades.
Common Mistakes When Managing Risk in Trading
Unfortunately, many traders make mistakes when it comes to managing their risks. Here are some of the most common mistakes that traders make when it comes to risk management:
Not Setting a Trading Plan:
Many traders don’t have a detailed trading plan, which is a key component of risk management. Without a trading plan, traders are more likely to take risks that could have otherwise been avoided. It’s important to establish clear trading goals and a plan for how to reach those goals.
Not Understanding Risk:
Many traders fail to understand the risks associated with certain trades, which can lead to serious losses if they don’t take the time to research and understand the risks involved. It’s important to have a thorough understanding of the markets you’re trading in before taking any risks.
Not Taking Advantage of Stop Losses:
Stop losses are an essential component of risk management, as they help to limit potential losses in the event of a market downturn or sudden changes in the market. However, many traders don’t take advantage of stop losses and end up taking larger risks than necessary.
Over-Trading:
Over-trading is a common mistake made by many traders. This involves taking too many trades, which can lead to losses if the market turns against you. Look, all traders love the price action. It’s exciting to take a position and watch your P/L go up and down. But don’t become addicted to the price action for the sake of just having a position. It’s important to only take trades when the setup is right and avoid over trading.
Not Diversifying Risk:
Diversification is another important part of risk management. By diversifying your trades, you can spread out risk and limit potential losses if the market turns against you.
Risk management is a critical factor in success when trading in the markets. It involves understanding and controlling what could potentially impact your trades and actively analyzing scenarios that may occur.
Without proper risk management, traders are leaving themselves vulnerable to potential losses which could be catastrophic for their investments.
Good risk management also allows traders to effectively assess opportunities and make better decisions that take into account volatility or leading indicators of future market performance.
Simply put, risk management can provide peace of mind so traders can enjoy the highs of profitable investments while minimizing losses when markets start to dip.
Common risk management strategies used by traders include setting stop-loss orders, limiting capital exposure, and diversifying investments to minimize volatility.
Another essential approach for traders is to set predetermined targets for both profits and losses to help stabilize your exposure. To further limit potential losses and maximize gains, traders should always be aware of economic news and other world events that might affect the market.
Implementing effective risk management into your trading plan is incredibly important for successful and profitable trading. It can help you to control the amount of draws you take in any given trade, and it can also protect against large losses which could potentially wipe out your entire trading account.
A good risk management plan should include determining the amount of capital at risk on each trade, setting predetermined stop-losses to limit downside exposure, and having a strict, disciplined approach towards minimizing losses:
never increasing position size
never risking more than you are comfortable with, and always controlling potential risk-reward ratios.
Taking the time to set up a comprehensive yet flexible risk management plan will put you in a better position when it comes to positive returns in the long run.
Risk management is an important part of trading. It allows you to trade with less stress and more confidence. There are many different risk management strategies, so it is important to find one that fits your trading style.
Proper risk management can help you make money in the long run by preserving your capital and preventing you from making careless mistakes.
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