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Trade the Box – Automate your trading plan – Other – 18 May 2023
Trade the BOX It is the must-have utility to help you automate the execution of your trading plan, managing scale-up, partial profit booking, and trade managing. It is very intuitive. You need to load it on a chart, set your…
Bears eye an extension but bulls look to test the 1.0880s
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EUR/USD bears are in the market but bulls are showing up.
The bulls need to get above the 1.080s…
Gold Prices Crushed by Resurgent Yields & Strong Dollar, Bullish Outlook in Peril
GOLD PRICES FORECAST:Gold prices (XAU/USD) fall for the third straight day, reaching their lowest point since early AprilU.S. dollar strength and rising U.S. yields are the primary bearish drivers for the precious metalThis article looks…
Event Guide: RBNZ Monetary Policy Statement May 2023
Looking for more central bank events to trade?
The Reserve Bank of New Zealand (RBNZ) is dropping its May monetary policy decision next week!
Here are points to note if you’re planning on trading NZD during the release:
Events in Focus:…
Oil seeps lower as US Dollar strengthens whilst crude inventories rise
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Oil price trades with losses as the US Dollar strengthens on hawkish Federal Reserve speeches, US…
DXY Builds on Gains as Yields, Data Improve
US Dollar (DXY) AnalysisBetter than feared economic data adds to recent dollar driversUS treasury yields climb higher as interest rate expectations anticipate outside chance of another 25-bps hike form the FedDXY breaks 103.0 with ease,…
FX Play of the Day: AUD/CHF Aiming for Range Support?
Jobs data has been coming in weaker than expected for Australia lately.
Is AUD/CHF in for a bearish breakout soon?
AUD/CHF 1-hour Forex Chart by TV
AUD/CHF has been pacing back and forth between resistance at the .6020 area and…
Online sales surge leads to full-year guidance raise
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Walmart beats heartily on revenue consensus for Q1.
Online sales jump 26% YoY, but gross margin to…
Struggling to Reclaim Recent Highs Despite Debt Talk Optimism
Bitcoin (BTC) Prices, Charts, and Analysis:Bitcoin edges higher but price action lacks conviction.US debt ceiling talks may provide the next driver.
Recommended by Nick Cawley
Get Your Free Bitcoin Forecast…
Daily Forex News and Watchlist: AUD/JPY
AUD/JPY is retreating from its rally after Australia printed a weak jobs report.
Will near-term support levels still hold?
Before moving on, ICYMI, yesterday’s watchlist looked at AUD/USD trending lower ahead of Australia’s jobs release.…