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Today I present you an overview of trades made using the Owl strategy - smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from May 8 to 12, 2023. It was not an easy week for trading, but first things…

Most forex pairs seem to be stuck in ranges for now, but it looks like the dollar is pulling back from Friday’s rally. Can this mean a bullish retracement for USD/JPY? Before moving on, ICYMI, I’ve listed the potential economic catalysts…

Share: CME Group’s flash data for crude oil futures markets noted traders reduced their open interest…

Bitcoin, BTC/USD, Ethereum, ETH/USD - Technical Outlook:The upward pressure in Bitcoin and Ethereum has eased somewhat.So far the recent retreat appears to be a consolidation within the broader uptrend.What are the key levels to watch?…

Japanese Yen, USD/JPY, US Dollar, PBOC, Yellen, Biden US Debt Ceiling - Talking PointsThe Japanese Yen dipped after rising domestic PPI today ahead of CPIChina’s PBOC added liquidity, but equity markets did little in responseThe US debt…

China, one of Australia’s largest trading partners, is dropping another set of economic data! Not only that, but the FOMC gang will be all over our charts this week as a couple of members share their policy biases and maybe give clues on…

Share: Natural Gas cheers upside break of two-month-old resistance at a fortnight high. Convergence of…

S&P 500, SPX, NASDAQ 100, NDX - OUTLOOK:The uptrend in S&P 500 and the Nasdaq 100 index remains in place.Key focus is on the US debt ceiling negotiations and Fed speak this week.What is the outlook for the S&P 500 index and…

US Dollar, DXY Index, USD, EUR/USD, Federal Reserve, Biden, Yellen, - Talking pointsThe US Dollar has rallied with support from Treasury yieldsThe debt ceiling is circling as a key issue this week with uncertainty remainingWhile USD has…

Trend following and trend reversal strategies are good techniques for traders to make money out of the forex market. This is because if the market does trend, trend following traders could earn so much more than…