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This forex pair just busted through a strong resistance zone! Can it go for a pullback when China’s inflation reports are printed? Market players seem to be pricing in downbeat CPI and PPI data, which might then ramp up the odds of more…

British Pound, GBP/USD, Daily vs 4-Hour Setting – Technical Update:British Pound breakout takes a break after Hammer candlestickBut, on the 4-hour timeframe, the near-term bearish bias is in playWill GBP/USD resume Descending Channel…

Last Friday’s NFP may have spurred a dollar selloff, but can USD/JPY still find buyers at these correction levels? In case you missed it, Uncle Sam reported a meager 187K increase in hiring for July versus the estimated 205K gain while…

It was a mixed week for our strategies as we took on a risk-on bias on the high probability we’d see further signs of a peak in the global rate hike cycle. But broad risk sentiment was net negative this week, and it wasn’t until we…

EUR/JPY looks ready to bust out of a tight consolidation! Will today’s market themes inspire a short-term bearish reversal for the pair? In case you missed it, government bonds (and other risk assets, for that matter) have NOT been…

Yo Guppy just broke below a consolidation! Feeling a bit of FOMO from all the anti-risk moves? Here are levels you should watch out for if you’re betting on more losses for the pound and more gains for the yen: GBP/JPY 15-min Forex…

Share: NZD/USD turns lower for the second straight day and drops to a nearly one-month low. The mixed…

The RBA did some damage on the Aussie’s prices today!Will AUD buyers find enough friends to restart a previous uptrend? In case you missed it, the Reserve Bank of Australia (RBA) kept its interest rates unchanged at 4.10% when at least…

Looking for setups to trade to start your trading week? I gotchu with EUR/AUD’s possible turn from a technical resistance area! Let’s take a look at the 1-hour time frame: EUR/AUD 1-hour Forex Chart by TV As you can see, the pair is…

In a tough week filled with major, major catalysts and elevated uncertainty, our FX strategists were able to arguably have two ideas play out effectively by the week close. Take a closer look at what happened and why traders had to stay…