You usually get one really good long term position per year – depending on how many markets you trade. Across the most popular CFDs including forex, indices, commodities, crypto and blue chip stocks – there are lots of possibilities. Last year it was gold and US stocks. We think that the big trade that’s setting

Created on March 17, 2025 The US dollar initially did rally a bit during the trading session on Friday, but then plunged to break well below the 20 pesos level. This makes a certain amount of sense because the trade war concerns between the United States and Mexico have cooled considerably, as the Mexicans seem

Created on March 17, 2025 During the trading session on Friday we saw the Bitcoin market rallied a bit, as the $84,000 level was challenged again. This has happened multiple times as we, but we cannot break above there quite yet and therefore I think you need to pay close attention to that level. Furthermore,

We expect the Bank of England (BoE) to keep the Bank Rate unchanged at 4.50% on Thursday 20 March in line with consensus and market pricing. Data has been mixed and amid elevated uncertainty, this warrants a continued signalling of only a gradual approach to monetary policy easing. We expect the reaction in EUR/GBP to

Created on March 17, 2025 During trading on Friday, we have seen the euro rise a bit against the US dollar to challenge the 1.09 level. The 1.09 level is an area that’s been important multiple times in the past, especially over the last couple of days. We have not been able to break above

Created on March 17, 2025 During the trading session on Friday, we saw the gold market reach the crucial $3000 level, which is a large, round, psychologically important figure that will continue to attract a lot of attention. We have also seen a pushback in this area, as you would anticipate, due to profit-taking and

The rupee appreciated 24 paise to close at 86.81(provisional) against the US dollar on positive domestic equities and weakness of the American currency in the overseas market. | Photo Credit: Reuters The rupee appreciated 24 paise to close at 86.81(provisional) against the US dollar on Monday (March 17, 2025) on positive domestic equities and weakness

The USD/CAD outlook shows renewed strength in the Canadian dollar. Former central banker Mark Carney took office as Canada’s new prime minister. Data on Friday revealed a sharp decline in US consumer confidence.  The USD/CAD outlook shows strength in the loonie after a former Bank of Canada policymaker took office as Canada’s new prime minister.

A set of Chinese data released earlier today looked better-than-expected; the fixed asset investment unexpectedly accelerated in February, growth in industrial production slowed less than expected – a slowdown due to the Chinese new year break, while growth in retail sales accelerated to 4%, more than expected. The unemployment rate rose, however, and the worries

The past month has seen an abrupt turn in sentiment towards the US economy and the US dollar. Whereas a month ago, the market seemed convinced the US dollar would move higher from its already historically-elevated level of 108 on a DXY basis. Now debate surrounds whether the US dollar can even hold onto its

Key Highlights EUR/USD started a fresh increase above the 1.0800 resistance. It traded below a short-term bullish trend line with support at 1.0880 on the 4-hour chart. GBP/USD is consolidating gains above the 1.2800 resistance zone. Gold surged to a record high and tested the $3,000 zone. EUR/USD Technical Analysis The Euro remained strong above

The fact that Africa does business with its foreign partners using foreign currencies typically generates losses for the continent. For decades, African states have traded both within the continent and with international partners with foreign currencies, namely the US dollar, the euro, and, to a lesser extent, the British pound and Chinese yuan. This reliance

The IMM CFTC positioning data, released weekly by the Commodity Futures Trading Commission (CFTC), provides insights into how speculative traders, such as hedge funds and large investors, are positioned in major currency futures markets. This data is based on Commitments of Traders (COT) reports, which track the net long and short positions of non-commercial traders—those

Mergers and acquisitions were top-of-mind in the FX and CFDs arena this past week. One of the leading and oldest brokers out there – Saxo Bank – was acquired by a surprise buyer from outside “the industry”, and broker technology provider Panda is facing a court-ordered forced sale of the company to a third party.

Created on March 16, 2025 The EUR/USD had a solid week taking into consideration its ability to go into this weekend around the 1.08750 ratio, this after going into the previous weekend around the 1.08550 vicinity. The EUR/USD did touch highs near the 1.09460 mark early, though it did give back value after this apex.

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.