Trade idea

EURCAD Buy due to BoC meeting

EURCAD fundamental bias is bearish, but in the short term, it may push highs due to the BoC meeting on Wednesday, with expectations for a 95% hold on interest rates. July inflation in Canada rose to 3.3 percent from 2.8 percent previously and a forecast of 3 percent, while the core version was flat at 3.2 percent versus an expected decline to 2.8 percent

September 4, 2023 No Comments

Gold is supported by lower expectations of interest rates

Gold, which posted its biggest weekly gain since April as the dollar weakened and interest rate hike expectations eased, was boosted by declining inflation data.

July 14, 2023 No Comments

The Australian dollar is heading lower despite the recent recovery

Consumer inflation in Australia eased more than expected, according to data released on Wednesday, dampening hopes of another rate hike by the Reserve Bank of Australia next week and putting further downward pressure on the Australian dollar.

June 30, 2023 No Comments

RBA-BOJ monetary policy divergence continues to bullish AUDJPY.

Consumer inflation expectations in Australia rose to 5% in May from 4.6% in April, the latest data showed. Earlier this month, the Reserve Bank of Australia unexpectedly raised the cash rate by 25 basis points to 3.85 percent, saying further tightening may be needed to ensure inflation returns to target within a reasonable timeframe.

May 15, 2023 No Comments

NZDCAD, Long and Short Opportunity

NZDCAD trend is bearish.
But for now, this pair is on a demand area. 0.826 to 0.830 range area, so if we want to prepare to buy this currency, we must wait for the change of this downward trend to an upward trend

April 23, 2023 No Comments

GOLD, Long for a short period

GBP/USD needs balanced GDP data to climb.

April 11, 2023 No Comments

GBPUSD BUY idea

GBP/USD needs balanced GDP data to climb.

April 7, 2023 No Comments

CADJPY BUY area

This pair, CADJPY seems to change its direction to the long. retracement on lower prices could be a great opportunity to enter a new long position with a nice win

March 30, 2023 No Comments

EURJPY, short at higher prices

EUR/JPY braked the 142 area to the higher prices.The further upside seems likely in the short term but it would be good to wait and take a short in higher prices

March 22, 2023 No Comments

Catch gold correction

Gold/XAU at a major resistance level, around $2000 could be a good opportunity to catch a reversal/correction to the lower levels around $1963 with a good risk/reward according to the

March 20, 2023 No Comments