EUR/USD drops for the second straight day down 0.49%, following last Friday’s metals rout which underpinned the Greenback to the detriment of the shared currency. Also the nomination of Kevin Warsh to lead the Federal Reserve and upbeat US economic data drove the pair lower. At the time of writing, the pair trades below the…
Traders are still trying to grasp the significance of Friday’s historic move in the metals market after Kevin Warsh’s nomination to be the next Fed Chair. The price action was so extreme that it exceeded 99.9996% of typical volatility observations — a very rare 6-sigma event. Silver retested the $71.30 lows (!) after gapping down…
Mandelson’s conduct with Epstein ‘unequivocally wrong’ and ‘far below standard expected of any minister’, Jones says Jones says Jeffrey Epstein was “a despicable criminal who committed disgusting crimes and destroyed the lives of countless women and girls”. He goes on: On Friday, the Department of Justice in the United States released around 3 million pages…
Our earlier review highlighted Robinhood‘s (NASDAQ: HOOD) bullish five-swing structure. Currently, we are analyzing the daily Elliott Wave pattern. This study clarifies the ongoing correction and prepares us for the next strategic phase ahead of a new bullish cycle. Elliott Wave Analysis HOOD completed its five-wave advance in Wave I at $153.86 in October 2025. Since then,…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hello traders, Welcome to this week’s Forex Weekly Forecast, where we analyze the key technical and macro drivers shaping EUR/USD, GBP/USD, Gold, and Crude Oil. As always, this analysis is based on price action, market…
I am writing this on Saturday afternoon. As yet, Trump hasn’t decided to attack Iran, but it’s a possibility. Most of the time, his announcements and actions seem to happen on weekends when markets are closed. If only folks knew what he was going to say or do they could make a fortune! As we…
If you’re still trading manually, you’re probably stuck in one of these loops: staring at charts for hours missing the best moves because you’re working or busy second-guessing every entry feeling “good” for one week, then giving it back the next That’s not a strategy problem. That’s a human-execution problem. Algorithmic trading fixes that by…
Yen carry trade at risk of unwinding, Apollo’s Slok warns Source link
US ISM Manufacturing PMI jumped sharply from 47.9 to 52.6 in January, far above expectations of 48.3 and marking the first return to expansion since February 2025. The scale of the rebound points to a clear improvement in factory momentum rather than a marginal stabilization. The details were notably strong. Production rose from 50.7 to…
Groundhog Day Ushers in February February 2, 2026 (154) The 1993 movie Groundhog Day showcased a seemingly endless loop of life, constantly reliving the same day. So it is that this Groundhog Day kicks of a new week and month but with a slew of familiar geopolitical tensions, central banking uncertainties, and one-hand/other-hand economic risks….