UK consumer inflation increased by a smaller-than-expected 2.5% annually. Market participants increased the likelihood of a Feb BoE rate cut from 60% to 80%. Economists expect US consumer inflation to increase by 2.6% annually. The GBP/USD forecast shows a bright day for the pound despite downbeat UK inflation figures. A decline in UK yields has

Created on January 15, 2025 The volumes in the USD/ILS remain lower than the major currency pairs, meaning banks tend to create wide spreads and make speculating on the USD/ILS difficult for retail traders. The U.S will release Consumer Price Index data today, a weaker result could cause some selling in the USD/ILS. The reaction

USD/CHF rally stalls, technicals signal fading bullish momentum CPI data Wednesday and Bessent’s Senate hearing Thursday could drive yields and USD A break below uptrend support targets .9020 as initial downside Summary The USD/CHF rally is looking a little vulnerable, bringing the prospect of renewed downside into play. An evening star pattern and weakening RSI

Ignacio Teson•Tuesday, January 14, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> The Mexican peso appreciated against the U.S. dollar during Tuesday’s trading session, supported by lower-than-expected U.S. producer price data and reports suggesting a

Created on January 14, 2025 Bearish view Sell the EUR/USD pair and set a take-profit at 1.0000. Add a stop-loss at 1.0300. Timeline: 1-2 days. Bullish view Buy the EUR/USD pair and set a take-profit at 1.0300. Add a stop-loss at 1.000. The EUR/USD exchange rate continued its strong downward momentum, reaching a low of

EUR/USD forms a textbook morning star pattern, hinting at a potential bottom Bessent confirmation hearing could spark a reversal in yields and risk assets Break above downtrend resistance targets 1.0461; longs favoured over shorts Summary Sitting in a declining wedge and completing a three-candle morning star pattern, traders must be wondering whether EUR/USD has just

Created on January 14, 2025 Bullish view Buy the BTC/USD pair and set a take-profit at 96,000. Add a stop-loss at 86,000. Timeline: 1-2 days. Bearish view Sell the BTC/USD pair and set a take-profit at 85,000. Add a stop-loss at 96,000. The BTC/USD pair dived and reached a low of 88,913 on Monday as

The People’s Bank of China announced more measures to support its fragile economy. Consumer sentiment in Australia dropped in January. Traders eagerly await the US PPI report. The AUD/USD outlook indicates continued optimism about China’s efforts to support its weak economy, which has boosted the Aussie. Meanwhile, Australia’s decline in consumer sentiment could pressure the

Risk appetite increased after China announced more stimulus measures. All eyes are now on US inflation figures. The pound remained fragile due to the recent bond market rout. The GBP/USD price analysis shows some relief for the pound as market participants await crucial US inflation data. Nevertheless, the long-term outlook remains clouded as traders worry

Created on January 14, 2025 Bitcoin initially plunged during the trading session on Monday reaching down to the $90,000 level before turning back around and showing signs of life. By doing so it looks like the market is likely to continue to see a lot of people involved in this market in order to try

Created on January 14, 2025 During my daily analysis of the major currency pairs, the first thing that I look to is the EUR/USD pair, as we have plunged below the 1.02 level during the trading session. That being said, I do think that a bounce is very likely, just due to the fact that

Created on January 14, 2025 The Nasdaq 100 plunged initially during the trading session on Monday, but it does look like we are trying to stabilize. I’ve been watching this market, and at this point, I think if we can recapture the 21,000 level, we might be on to something. That might be a sign

Created on January 14, 2025 With more people entering the online financial markets, easy-to-use trading platforms, comprehensive educational resources, and additional incentives in the form of bonuses and rewards have become increasingly important. Traders are looking for the simplest ways to engage with the markets while simultaneously developing their skills and being rewarded for their

Categorised: The Position, Top Story | Tags: consumers, currency, data, fill rates, foreign exchange, FX, last look, LPs, platformsPosted by Colin Lambert. Last updated: January 14, 2025 Welcome to 2025, and in the spirit of a happy new year, let’s start by giving someone a kicking! What is happening to fill rates in the FX

Created on January 13, 2025 My previous BTC/USD signal on 7th January was not triggered, as there was no bullish price action when any of the support levels were first reached. Today’s BTC/USD Signals Risk 0.50% per trade. Trades may only be entered before 5pm Tokyo time Tuesday. Long Trade Ideas Long entry after a

View the latest commitment of traders reports   Market positioning from the COT report – 7 January 2025: Asset managers increased their net-long exposure to US dollar index futures to a 14-month high Net-long exposure to GBP/USD futures fell to a 9-month low While only minor changes were made to EUR/USD futures, there are minor

Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURUSD , published in members area of the website. As our members know, EURUSD is still trading within the cycle from the September’s peak. Recently, we saw a 3-wave recovery, followed by a decline toward

US job growth jumped in December, with the economy adding 256,000 jobs. The US unemployment rate eased to 4.1%. Canada’s economy added 90,900 jobs compared to forecasts of 24,900. The USD/CAD forecast shows a slightly bullish bias as traders balance the upbeat employment reports from Canada and the US. The pair rose on Friday as

Created on January 13, 2025 The USD/ZAR as of this writing is near the 19.17000 ratio with fast fluctuations being displayed. Traders are advised to use entry price orders to wager on the currency pair as volatility is abundant. The USD/ZAR is traversing above the 19.00000 level for the first time since April 2024. Ladies

Multi-asset investment specialist Saxo Bank has informed developers using its OpenAPI and OpenAPI for Excel of upcoming changes. Saxo is implementing new compliance and disclaimer measures, which may affect trading activities through the Excel Addin. Clients will soon be required to complete an Appropriateness Test (APT) for the products they wish to trade. Additionally, disclaimers/messages