• Bitcoin bulls are on the offensive; is a correction ahead?

    Bitcoin bulls are on the offensive; is a correction ahead?

    • April 28, 2025

    Monthly bullish outside candle Versus the US dollar (USD), Bitcoin (BTC) is poised to snap a two-month decline and pencil in a bullish outside candle on the monthly chart (textbook engulfing candles focus on the candle’s real bodies rather than upper/lower wicks). Additionally, it is important to observe that the Relative Strength Index (RSI) failed

    READ MORE
  • Week ahead: Tariffs and US Data in the spotlight

    Week ahead: Tariffs and US Data in the spotlight

    • April 27, 2025

    Where we were It was a holiday-shortened week for many in the markets, as most financial centres closed their doors in observance of the Easter weekend. Despite this, and while everything could change with a social media post, there was a noticeable softening in the stance on trade between the US and China. As things

    READ MORE
  • Index and Commodities Trading week beginning 28 / 04 / 2025

    • April 27, 2025

    XJO WEEKLY Price structure: Bullish The a-b-c corrective movement has now reached completion. The 7632 level, which held firmly as support 3 weeks ago, proved to be a significant juncture in the market. This pivotal point has strengthened the foundation for potential upward momentum, underscoring its critical role in the overall price structure. As a

    READ MORE
  • The Pattern Pulse – 24 April 2025

    The Pattern Pulse – 24 April 2025

    • April 24, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Question mark on monthly resistance level for EUR/USD With the US dollar (USD) poised for lower terrain, this could underpin the euro (EUR) and call into question the reliability of resistance at US$1.1457 on the EUR/USD. If

    READ MORE
  • Index and Commodities Trading week beginning 21 / 04 / 2025

    Index and Commodities Trading week beginning 21 / 04 / 2025

    • April 20, 2025

    XJO WEEKLY     Price structure: Inside range The Index has established a defined trading range after rebounding sharply from the 7200-point lows. This inside range suggests a period of consolidation, where market participants are assessing the strength of the recovery and determining the next direction. Investors may be closely watching for a breakout higher from this

    READ MORE
  • The Pattern Pulse – 17 April 2025

    The Pattern Pulse – 17 April 2025

    • April 17, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Despite long-term support, the dollar is eyeing deeper waters Monthly, Daily and H4 Timeframes: Although the US Dollar (USD) Index has connected with a monthly support area between 98.72 and 99.67, April’s lower low at 99.01 reached

    READ MORE
  • Tariffs remain front and centre this week

    Tariffs remain front and centre this week

    • April 13, 2025

    Traders unwound dollar (USD) exposure last week amid US President Donald Trump’s back-and-forth tariffs, which threaten to undermine confidence in US assets and the economy. While a 90-day tariff reprieve has been granted to most nations, the escalating trade tensions between the US and China pressure global supply chains, potentially fuelling inflationary pressures and slowing

    READ MORE
  • Index and Commodities Trading week beginning 14 / 04 / 2025

    Index and Commodities Trading week beginning 14 / 04 / 2025

    • April 13, 2025

    XJO WEEKLY     Price structure: Bullish reversal The Index has demonstrated a solid recovery, marked by a robust candle formation that has successfully closed above the significant August 2021 high of 7,632 points. This achievement signals a noteworthy rebound from the retest low towards 7120, this could indicate renewed upward momentum in this volatile market. Breaking

    READ MORE
  • The Pattern Pulse – 10 April 2025

    The Pattern Pulse – 10 April 2025

    • April 10, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/GBP Downside Targets Call for Attention Monthly and Daily Timeframes: From the monthly timeframe of the EUR/GBP (euro versus the British pound), price has recoiled from support at £0.8229-£0.8315 and challenged trendline resistance from £0.9504. Complementing said

    READ MORE
  • Week Ahead: Tariffs and US Data Eyed

    Week Ahead: Tariffs and US Data Eyed

    • April 6, 2025

    Risk-off sentiment dominated flow last week following US President Donald Trump’s reciprocal tariff announcement, an event he described as ‘Liberation Day’. However, while I cannot speak for everyone, many are not feeling so liberated, with forecasts for growth and inflation upended, as well as economists forecasting a possible global recession. The tariff announcement on 2

    READ MORE
  • Index and Commodities Trading Week Beginning 07 / 04 / 2025

    Index and Commodities Trading Week Beginning 07 / 04 / 2025

    • April 6, 2025

    XJO WEEKLY     Price structure: Primary down trend. The potential a,b,c pattern highlighted in the past 2 weeks, is now confirmed with the Index closing below the “a” point low, the “c” wave is now underway. The Index has moved lower through the key 7910 level to target the 7632 support level. The potential for a

    READ MORE
  • The Pattern Pulse – 2 April 2025

    The Pattern Pulse – 2 April 2025

    • April 2, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: AUD/NZD Testing Area of Confluence; Further Selling? Daily Timeframe: Following the pullback from lows of N$1.0903 on 20 March in the AUD/NZD cross (Australian dollar versus the New Zealand dollar) – a move that also completed a

    READ MORE