I wrote on 9th March that the best trades for the week would be: Long of Natural Gas futures, which fell by 8.13%. Short of the EUR/JPY and EUR/NZD currency crosses. The former rose by 0.82% while the latter fell by 0.26%. The overall result was a loss of 8.69%, which is 2.90% per asset.

Created on March 16, 2025 Bitcoin plunged during the week, but it looks as if it is trying to find support near the 50 Week EMA, and it’s probably worth noting that the area just below there is the $75,000 level, an area that a lot of people would be paying close attention to. The

Sideway trading continued in GBP/JPY above 187.04 last week. Initial bias remains neutral this week first. On the upside, firm break of 193.09 will resume the rebound from 187.04 to 194.73 resistance, and then 198.94. On the downside, firm break of 187.04 will extend the fall from 199.79 towards 180.00 support. Overall, corrective pattern from

AUD/USD stayed in range trading below 0.6407 last week. Initial bias stays neutral this week first. On the downside, break of 0.6186 will target 0.6087 support first. Firm break there will resume whole decline from 0.6941. On the upside, sustained break of 0.6407 will resume the rebound from 0.6087 to 100% projection of 0.6087 to

GBP/USD edged higher last week but lost momentum as seen in 4H MACD. But there is no clear sign of topping yet. Further rise will remain in favor this week as long as 1.2860 support holds. Sustained trading above 61.8% retracement of 1.3433 to 1.2099 at 1.2923 will pave the way back to 1.3433 high.

USD/JPY edged lower to 146.52 last week but recovered since then. Initial bias remains neutral this week for more consolidations. Upside of recovery should be limited by 150.92 support turned resistance. On the downside, sustained trading below 61.8% retracement of 139.57 to 158.86 at 146.32 will pave the way to 139.57 support. In the bigger

Will the US dollar extend its downtrend next week, or are late shorts about to get squeezed? Find out in today’s forex forecast video, where I break down my trades on DXY, EURUSD, GBPUSD, EURNZD, and XAUUSD. US Dollar Index (DXY) Forecast The DXY has started March on a bearish note, breaking below key levels

The past week in the currency markets was marked more by consolidation than decisive moves, even as risk aversion deepened in US stock markets. Dollar’s selloff slowed and turned into a modest recovery, but there was no clear momentum for bullish trend reversal. Sentiment remained fragile, weighed down by constantly escalating trade tensions and the

Devexa, the AI-powered trading assistant and trader engagement bot from global software developers for the capital markets, Devexperts, has launched a new community feature, enabling brokers to host a secure environment in which traders can engage with each other, all within the broker’s own ecosystem. The new feature will allow traders to exchange ideas on

Asia wrap US and European equity futures extended their slide, mirroring a rough session in Asia as two weeks of tariff-induced chaos continued to rattle risk sentiment. With market whiplash in full force, the best trade now seems to be sitting flat or positioning selectively and defensively. Meanwhile, the softer-than-expected US inflation print was largely dismissed,

Key Highlights USD/JPY extended losses and tested the 146.60 zone. A major bearish trend line is forming with resistance at 148.80 on the 4-hour chart. EUR/USD is consolidating gains above the 1.0800 resistance zone. Bitcoin is facing many hurdles near the $85,000 resistance zone. USD/JPY Technical Analysis The US Dollar remained in a bearish zone

Daily Pivots: (S1) 1.4384; (P) 1.4418; (R1) 1.4477; More… Intraday bias in USD/CAD stays neutral as sideway trading continues. Price actions from 1.4791 high are seen as a corrective pattern, with rebound from 1.4150 as the second leg. On the upside, break of 1.4541 will target 100% projection of 1.4150 to 1.4541 from 1.4238 at

Yesterday brought yet another escalation in the trade war. This time, Trump was reportedly totally annoyed that the Europeans responded to his 25% steel and aluminium tariffs rather than backing down and slapped 200% tariffs on champagne, wine, and other alcoholic beverages from France and the EU. LVMH, the owner of Moet & Chandon and

The EUR/USD outlook shows a bearish sentiment shift amid escalating trade tensions. The euro extended its retreat from the 5-month peak hit earlier in the week. The US threatened a 200% tariff on alcohol imports from the Eurozone. The EUR/USD outlook shows a bearish sentiment shift amid escalating trade tensions between the US and the

Created on March 14, 2025 The Thursday session has been very good for gold, as it looks like we are doing everything we can to reach toward the 3000 level. The 3000 level of course is an area that will attract a lot of attention as it is a large, round, psychologically significant figure, and

The GBP/USD weekly forecast shows escalating fears of a US recession. Downbeat US inflation figures increased expectations for Fed rate cuts. Data on Friday revealed an unexpected contraction in the UK economy. The GBP/USD weekly forecast is positive despite the paused rally, as escalating US recession fears weigh on the greenback.  Ups and downs of

As the NA session begins, the USD is mixed. The US stocks are higher and US yields are higher. Sentiment improved after Senate Democratic Leader Chuck Schumer backed the Republican stopgap funding bill to prevent a government shutdown, despite party reservations. That is a positive. The trade/tariff news remains the problem for the economy/markets. Yesterday,

Created on March 14, 2025 The Nasdaq 100 initially tried to rally during the trading session on Thursday, but as you can see, we have really fallen since then. All things being equal, this is a market that is trying to sort out where to go next and you can see that this area here

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is taking aim at increasing its presence in the non-crypto trading arena, announcing a new perk for MT5 users on Bybit in a zero-fee trading event, which the company calls “Indices Unleashed”. From today until April 12, 2025, Bybit – subject of a recent $1.5 billion