Wednesday marks the fourth consecutive day that the CHF/USD pair has seen strong bearish momentum. The dollar surged near two-year highs in response to the Fed’s hawkish outlook. CHF safe haven boosted by softer risk tone ahead of FOMC minutes. In the first half of the European session, the CHF/USD futures (MSF1) exchange rate maintained Read More…
The 2-year yield in the US is nearly 2.5 percent for the first time since early 2019. The dollar continues to rise despite the mixed note in rates. The key focus for market participants is interest rate hikes in the United States and Europe’s ban on Russian gas. Future prices for EUR/USD (6E1) remain strongly Read More…
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…
