Uncategorized

U.S. DOLLAR ANALYSIS & TALKING POINTSUS CPI: Headline – 5%; EST: 5.2%US CPI: Core – 5.6%; EST: 5.6%FOMC Minutes in focus later today.Money markets exhibit dovish re-pricing minimizing the chance of a rate hike in June. Recommended…

Share: Bank of England Governor Andrew Bailey earlier said in a speech on Wednesday to the Institute of…

FED MINUTES KEY POINTS:Fed minutes stress the need for monetary policy flexibility in light of recent eventsPolicymakers lower their expectations for the FOMC terminal rate in response to last month's banking sector turmoilThe U.S. dollar…

The S&P 500 is forming a reversal pattern on the 1-hour chart! Will this lead to the end of a short-term uptrend? As you can see on the 1-hour chart, the stock index has been in an uptrend since mid-March when concerns over the…

Share: Chipotle Mexican Grill (NYSE: CMG) is a fast-casual restaurant chain that has caught the eye of…

Number of traders net-short has increased by 6.04% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIEUR/GBPBULLISH49.76%50.24%-0.95% Daily-12.57% Weekly9.34% Daily6.04% Weekly3.97% Daily-4.12%…

BANK OF CANADA DECISION KEY POINTS:Bank of Canada holds interest rates unchanged at 4.5%, in line with expectationsPolicy statement reiterates that the central bank is prepared to hike rates again if neededUSD/CAD whiplashes, but heads…

On the Metatrader platforms we see a rolling 24hr chart. Where as with this EA for example if we are analysing the SP 500 we look at the gap between the current days open at 16:30 and yesturdays close at 23:00. So we are in…

In Psychology, being “in the zone” is more commonly referred to as “flow.” The concept was proposed by Mihály Csíkszentmihályi (try saying that out loud 3 times!), and he describes it as the state in which a person feels completely…

Share: DXY adds to Tuesday’s bearish move and confronts 102.00. Next on the downside emerges the April low…