Rising US yields weigh on the JPY/USD futures. The Bank of Japan maintains its dovish policy, further igniting the bears. US PMIs, durable goods data, and Fedspeak are the key focus for the market participants. Futures prices for JPY/USD (6J1) remain strongly influenced by US Treasury yields. However, we anticipate that the pair will gain Read More…
The gold futures (GCJ2) briefly gained on Monday as the new week started. The precious metal rose as the risk aversion intensified amid Russia’s rejection to surrender Mariupol. However, the gains in gold futures are limited as the US Treasury yields have significantly gained on the day. Fed’s hawkish plan The FOMC raised the interest Read More…
Understanding what chart patterns are and how to use them to optimize your trading is a bold move in your investing career. Whether you’re a beginner or an experienced trader, prefer fundamental or technical analysis, a trend reversal or a continuation pattern, Forex, Futures or Cryptocurrencies, price patterns are crucial. That’s why we are here Read More…
Buying and selling the same asset, the same currency pair, the same contracts every day is what turns you into a day trader. You take advantage of intra-day price action aimed to make profits. Futures and spot forex offer the needed volatility almost every day, and with considerable leverage, you can increase the odds of Read More…
You should have heard about volume, price movements, a moving average, support and resistance levels, and overall, technical analysis. It is more popular than you think. Almost all investors in the financial industry follow price action analysis and technical analysts are among the best-known people in the market. But why? The reason is clear, history Read More…
Just a few years ago, if you wanted to test your skills (and your luck) as a trader, you needed to be physically present at one of several brick-and-mortar financial centers – the New York Mercantile Exchange (NYMEX), the Intercontinental Exchange (ICE), the Tokyo Commodities Exchange (TOCOM), to name but a few. Today, you can Read More…
