On Thursday, the Japanese Yen soared to a two-month high as investors increased their bets, that the Bank of Japan would raise interest rates again later in the year. Meanwhile, the market remains jittery over concerns surrounding new tariff threats from U.S President Donald Trump. BOJ Governor Kazuo Ueda mentioned that he had a routine meeting with Japanese...
The recent performance of TVC:GOLD has been spectacular. It seems, the precious metal can't find a ceiling. MARKETSCOM:GOLD has a good chance of travelling towards the psychological 3000 mark. Let's dig in! 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether...
MARKETSCOM:DOTUSD Polkadot is flirting with its short-term downside resistance line drawn from the high of 6th of January. In order to shift our attention to some higher areas, a break of that trendline is required. But even then we will not get too comfortable with higher areas, as the rate might find resistance near our EMAs. Let's dig in! CRYPTO:DOTUSD ...
Looking at the current technical right now, we can see that MARKETSCOM:SILVER bulls are trying to find strong grounds to lift themselves and travel back to the current all-time high. However, certain boxes have to be ticked first, before we can get a bit more comfortable with further action to the upside. TVC:SILVER 74.2% of retail investor accounts lose...
Looking at the technical picture of sugar futures, we can see that we have approached a key area of resistance. In order to get comfortable with further upside, a break of that territory is required. However, if we see the price struggling to move above all the EMAs on our daily chart, maybe the upside might off the table, at least for now. MARKETSCOM:SUGAR ...
The RBA and the RBNZ are expected to deliver rate decisions next week, so there might be an slight opportunity for the bulls to capture a move higher, before those Banks deliver. Also, the current weakness in DXY could give a small helping hand for the bulls. That said, the positivity might be short-lived, as both Banks are expected to announce cuts, with the RBNZ...
With coffee futures soaring this year due to supply issues, we are finally seeing some signs of a possible slowdown in the upwards movement. Is this just a temporary correction, before another possible leg of buying? What do you think? MARKETSCOM:COFFEEC 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider...
It seems that MARKETSCOM:DE30 traders today don't care much about the announcement of US tariffs on steel and aluminum. In fact, the German index continues to show resilience and keeps forming new highs. But how can this last for? XETR:DAX 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you...
Let's see how markets are performing right now after we received the US NFP number for January, which showed a significant decline from the previous reading. However, average hourly earnings improved and unemployment fell to 4%. Last time we saw a reading as low as 4% was back in June of 2024. MARKETSCOM:DOLLARINDEX MARKETSCOM:GOLD FX_IDC:USDJPY ...
Do not miss the BoE interest rate decision, where the Bank is expected to go for another 25bps cut. Can the BoE afford it? Let's see. MARKETSCOM:GBPUSD FX_IDC:GBPUSD 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk...
The Bank of England looks set to cut interest rates on Thursday for only the third time since 2020. During its December meeting, the BoE’s Monetary Policy Committee voted 6-3 to maintain the current rates. Currently, the BoE’s benchmark bank rate stands at 4.75%, the highest among major developed economies. A widely expected cut of 25bps would bring it closer to...
From a technical analysis perspective, the overall trend for the MARKETSCOM:USDCAD currency pair remains bullish, as indicated by higher highs and higher lows supported by the upward trendline. The bullish trend began in late September with the formation of a double bottom, signaling strong bullish momentum. Recently, price action successfully broke through...
It seems like we are stepping into Tariff Wars 2.0, with the announcement of the tariffs on Canada, Mexico and China. But is the outlook really that bad? Let's take a look at the MARKETSCOM:US30 scenario. TVC:DJI 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and...
Can the Fed help the MARKETSCOM:US30 move a bit further north and establish a new all-time high? There is a possibility for that, however, we need to wait for the Fed press conference, when market volatility may increase significantly. That said, let the market settle and we can see what we can do. Check the video for more details. TVC:DJI RISK...
With the upcoming BoC and Fed rate decisions, we are wondering, what may happen with FX_IDC:USDCAD pair? CAD has been on a sharp decline and continues to devaluate further. Let's dig in and see what might be the near-term outcome. MARKETSCOM:USDCAD RISK DISCLAIMER 74.2% of retail investor accounts lose money when trading CFDs with this provider. You...
There are so many opinions circulating the internet right now, that it is difficult to get our heads around. Here is our opinion on what could happen with NASDAQ:NVDA stock in the near future. Let us know what you think in the comments below. RISK DISCLAIMER 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider...
After an unsuccessful breakout in mid-January, MARKETSCOM:OIL made its move back down. That said, it's currently finding support near the 200-day EMA. On one hand, it may seem that this is the place for a potential rebound, however, the bulls should not get their hopes up, because there some indication for a possible drift further south. Take a look at the video...
CRYPTO:XRPUSD is taking a slight pause from travelling further north. However, can this strong buying be maintained? Well, we need some clearance first. Take a look at the video and tell me if you agree in the comments below. MARKETSCOM:RIPPLE RISK DISCLAIMER 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should...