A Guide to Trading Psychology
The psychology of trading is often overlooked but is a key part of a professional trader’s skillset.
Crude Oil Forecast: Brent Overcome by Recessionary Pressures Despite Several Fundamental Tailwinds
Brent crude oil looks to further clarity around supply and demand factors while the USD looks to push higher ahead of FOMC next week.
EUR/USD at Key Inflection Point Ahead of US PPI Data
EUR/USD looks to break the 1.0600 level for the second time this week. A break higher does not seem sustainable given what lies ahead next week.
What’s the Probability of an End of Week S&P 500 or GBPUSD Break?
We are coming to the end of the week and a bookend of notable event risk stands between us and the weekend. With the S&P 500 and Dollar based majors…
Gold Prices and US Dollar Turn to PPI and Sentiment Data Before the Weekend
Gold prices marked time as the US Dollar and Treasury yields diverged on Thursday. Ahead, XAU/USD and DXY face US PPI and consumer sentiment data before the weekend.
Copper Fresh Five-Month Highs: Rising Wedge into the 200 DMA
Copper prices are recovering from a large spill earlier this summer, with price action now encountering some longer-term items of resistance.
Dow, DAX 40 and FTSE 100 Show Similar Setups Before Similar Event Risk
Over a 24 hour-period next week, three of the largest central banks in the world are expected to update their monetary policy. The weight of the Fed, ECB and BOE…
Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/GBP
EUR/USD is working on a key spot of resistance ahead of a big batch of Central Bank meetings next week, but EUR/JPY may be more enticing for Euro bears if…
GBP/USD Outlook: Pound Dollar Lacks Conviction as Price Action Stalls
GBP/USD has fallen into a technically significant zone after a strong rebound off the September high drove price action into barrier of resistance that remains intact.
S&P 500 and Nasdaq 100 Latest – Bearish Sentiment Prevails Ahead of the Fed
US equity markets are stabilizing just off their weekly lows in thin turnover with little in the way of data or events to help shift market sentiment.