USDCHF stuck in range as traders eye breakout above key resistance
USDCHF technicals USDCHF continues to trade within a well-defined range between 0.8794 and 0.8848, with price action currently consolidating just below the top of that...
Tag : Traders
EUR/USD Forecast: Traders Hesitate Before Next Round of Tariffs
The EUR/USD forecast shows weak price action. The US president has proposed tariffs on automobiles, chips, and pharmaceuticals. Data revealed poor consumer sentiment in the...
Traders increase bets for BoE rate cut at the May meeting after the UK CPI release
Rate cuts by year-end Fed: 62 bps (85% probability of no change at the upcoming meeting) Following the weak US consumer confidence report, traders increased...
GBP/USD Price Analysis: Traders Hold Back Ahead of UK Budget
The GBP/USD price analysis indicates caution ahead of the UK budget reading. Data revealed that the PMI of UK services increased from 51.0 to 53.2....
Traders shrink bets on Fed rate cuts following the US PMIs
Rate cuts by year-end Fed: 59 bps (85% probability of no change at the upcoming meeting) ECB: 50 bps (70% probability of rate cut at...
USD/CAD Weekly Forecast: Traders on Edge as Tariffs Loom
The USD/CAD weekly forecast indicates uncertainty ahead of Trump’s tariffs. The US and Canada released downbeat retail sales data. The FOMC policy meeting resulted in...
Traders Await Bank Decision (Video)
Created on March 18, 2025 The US dollar has been rather bullish during the trading session on Monday against the Japanese yen as we continue...
Data show speculative traders have flipped from a net short to a net long position on euro
The IMM CFTC positioning data, released weekly by the Commodity Futures Trading Commission (CFTC), provides insights into how speculative traders, such as hedge funds and...
Risk Management for Long-Term Forex Traders
Are you having trouble making consistent profits in forex? The market’s ups and downs can eat away at your money. With daily trades worth $7.5...
What Is “Trader’s Block” And How Can You Get Over It?
Ever heard of the term “writer’s block”? It’s a condition that’s associated with the writing profession and occurs when an author loses the ability to...