• What Are Markets Watching This Week?

    What Are Markets Watching This Week?

    • March 3, 2025

    US President Donald Trump turned up the heat on the tariff front last week, which, honestly, is becoming hard to keep track of. While it may be different not long after I publish this, as of writing, tomorrow will see the US administration impose 25% tariffs on Canada and Mexico following the 30-day reprieve. A

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  • Index and Commodities Trading Week Beginning 03/03/2025

    Index and Commodities Trading Week Beginning 03/03/2025

    • March 2, 2025

    XJO WEEKLY     Price structure: Bearish continuation. The XJO has set a clear breakdown from the 14-month rising channel, the Index may be entering a corrective movement decline. Support at 8083 is yet to be tested, to remain bullish this level should provide a reversal signal. On price declines Index value can retest initial breakout levels,

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  • Tesla Ends the Week Rebounding From Support

    Tesla Ends the Week Rebounding From Support

    • March 2, 2025

    February has not been kind to Tesla (ticker: TSLA), settling the month down 28% and stirring levels not seen since November 2024. I will keep the following analysis simple and concise. Despite the eye-watering drop in February, a daily support area entered the fray on Friday between US$264.82 and US$272.25, made up of the following

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  • BTC/USD: What is Going On?

    BTC/USD: What is Going On?

    • March 2, 2025

    Several themes are at play right now, which contributed to a selloff across risk assets last week. Influenced by political shenanigans (tariffs) and the Bybit exchange breach, this sent Bitcoin (BTC) 17.5% lower versus the US dollar (USD) by the close of trading on Friday. Monthly Chart: Room to Explore Deeper Waters There is not

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  • US Dollar Index From a Technician’s Point of View

    US Dollar Index From a Technician’s Point of View

    • March 1, 2025

    Buyers and Sellers Squaring Off Between Monthly Support and Resistance Monthly resistance from 109.33 was a technical headwind I monitored on the US Dollar Index for a while, and so far, it has not disappointed me. The said resistance welcomed moderate selling in February, and although the combination of the 107.35 high (October 2023) and

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  • The Pattern Pulse – 27 February 2025

    The Pattern Pulse – 27 February 2025

    • February 27, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: AUD/NZD Whipsaw Brewing? Daily Timeframe: The AUD/NZD cross (Australian dollar versus the New Zealand dollar) recently faded long-term daily resistance from NZ$1.1175 and probed below daily support at NZ$1.1088 (now marked resistance). The area I highlighted in

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  • Week Ahead from a Technical Perspective

    Week Ahead from a Technical Perspective

    • February 23, 2025

    USD Bulls on the Ropes The US dollar (USD) – per the US Dollar Index – is on track to end February on the ropes following January’s monthly indecision candle at the resistance of 109.33. I believe USD bears have space to drive towards a ‘local’ descending support around 105.40ish, extended from the high of

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  • The Pattern Pulse – 20 February 2025

    The Pattern Pulse – 20 February 2025

    • February 20, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: US Dollar Index Exploring Lower Levels Daily Timeframe: This week has witnessed price action regain some control from a 100% projection ratio at 106.65 (equal AB=CD support), though upside has been hampered by resistance from 107.05. Should

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  • UK Employment and Inflation Numbers Ahead; GBP/USD Drifting Around Resistance

    UK Employment and Inflation Numbers Ahead; GBP/USD Drifting Around Resistance

    • February 17, 2025

    While the UK is evading US tariffs for now, its economy continues to face a somewhat undecided future, with taxes on business set to increase in April and a lingering drag from the elevated interest rates. However, this week’s focus shifts to a rather busy slate of economic data in the UK. Regarding tier-1 metrics,

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  • RBA Poised to Reduce Cash Rate by 25 Basis Points

    RBA Poised to Reduce Cash Rate by 25 Basis Points

    • February 16, 2025

    The Reserve Bank of Australia (RBA) will meet this Tuesday and is widely anticipated to deliver its first rate cut in four years amid easing inflationary pressures. I am ‘reasonably’ convinced that the central bank will reduce the Cash Rate this week, a belief based on inflation and growth data that delivered prints south of

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  • RBNZ Set to Continue Easing This Week; NZD/USD Eyeing Resistance

    RBNZ Set to Continue Easing This Week; NZD/USD Eyeing Resistance

    • February 16, 2025

    Following the RBNZ cutting its Official Cash Rate (OCR) by 50 basis points (bps) in November 2024, economists and investors expect another bumper 50 bp rate reduction on Wednesday this week – with an outside chance of a more minor 25 bp reduction. A 50 bp (25 bp) adjustment would bring the OCR to 3.75%

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  • Index and Commodities Trading Week Beginning 17/02/2025

    Index and Commodities Trading Week Beginning 17/02/2025

    • February 16, 2025

    XJO WEEKLY Price structure: Spinning top The Weekly chart of the XJO displays the Spinning Top candle showing indecision. This suggests a potential pause or reversal in the market’s current trend, indicating that traders are uncertain about the next direction. The spinning top is a clear signal of equilibrium between the buyers and sellers, reflecting the

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