FX Weekly Recap: September 23 – 27, 2024
The major currencies saw a lot of action as traders took their cues from central bank updates, China’s new stimulus measures, and closely watched data releases.
The major currencies saw a lot of action as traders took their cues from central bank updates, China’s new stimulus measures, and closely watched data releases.
Intraday Analysis – 06.01.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
If you ask a room full of consistently profitable forex traders what their “secret sauce” is, you’ll probably hear one word again and again: consistency. Sounds simple, right? Well, not really. Achieving consistency in your execution is one of the toughest challenges in trading. Contrary to what rebels may tell you, rules aren’t made to…
USDCHF technicals The USDCHF continued its move to the upside after breaking above the 100-hour moving average at 0.82556. That level became a springboard for buyers, who stepped in and pushed the pair higher during the session. Earlier in the week, the 200-hour moving average (green line) provided support, helping to form a base for…
Bias of Monetary Stances Easing in Many Economies October 16, 2025 Money markets are becoming more confident that the Federal Reserve will cut its interest rates several times in coming months, as the risks of weakening labor market conditions outweigh perceived risks of excessive inflation. Yesterday’s published Beige Book yielded five districts recently experiencing flat…
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Another major pullback seems to be underway for USD/JPY, as the pair is closing in on these Fibonacci retracement levels on the daily time frame. Take a look at these potential inflection points that could be tested in the upcoming trading sessions! USD/JPY Daily Forex Chart by TradingView This dollar pair has been forming higher…