The Pattern Pulse – 4 July 2024
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- July 4, 2024
Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Onwards and Upwards for AUD/USD The AUD/USD currency pair is interesting at the moment. From the monthly chart, a recent upside move in the currency pair has seen price
READ MOREYour weekly outlook of technical patterns and structure. The Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/USD Taking Aim at Higher Levels With the Dollar Index taking a hammering yesterday—fuelled on the back of a dovish Fed announcement—technical headwinds on both the monthly and daily timeframes are
READ MOREYour weekly outlook of technical patterns and structure. The Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: GBP/USD H1 Timeframe – The GBP/USD is one of those currency pairs that responds well to correctly placed trendlines. As you can see from the H1 chart below, short-term price action
READ MOREIt will be busy for the US macroeconomic space this week and will be important for the US dollar. Most desks feel the Fed is done with policy tightening, and 2024 will likely see the beginning of rate cuts. Fed Fund futures markets forecast a 25bp cut could come as early as May’s policy meeting.
READ MOREIt is no secret that markets are widely expecting the Federal Open Market Committee (FOMC) to skip this evening and perhaps hike at the July meeting. At the European close, we have a reasonably clear risk-on vibe. We seldom see this kind of price action ahead of major Fed rate decisions, but global equity markets
READ MOREL’Hedging è una tecnica utilizzata per gestire il rischio finanziario. In sostanza, l’Hedging consiste nell’utilizzo di un’operazione di copertura per ridurre il rischio di perdita associato a un’altra operazione. Nel forex trading, l’Hedging può essere utilizzato per ridurre il rischio associato alle fluttuazioni dei tassi di cambio. Come funziona ? L’Hedging nel forex trading
READ MOREReading time: 7 minutes The crypto boom took the whole world by storm. The concept of digital currencies and the idea of the ‘blockchain’ grew alongside understandable criticism, stigmatised by traditional investors and brick-and-mortar financial institutions as just another short-lasting fad. Years on, digital currency has become a lasting part of the global financial woodwork,
READ MOREReading time: 8 minutes Graphs and charts have become the focal point of the modern trading community. Easy-to-use trading interfaces and heightened accessibility have bred a new era of traders glued to mobile charts from the stock market to the world of forex. We’ve all heard the saying ‘buy low, sell high’, but this is
READ MOREDespite a slow start to the week, as US banks closed their doors in observance of Martin Luther King Jr. Day, there is much to consider. In the US, producer prices (PPI) eased in December to -0.5%, following November’s downwardly revised 0.2% figure. Retail sales also shows that US consumers tightened their purse strings in
READ MOREL’industria del trading negli ultimi 3 anni è stata sempre più bersagliata da tattiche di marketing aggressive, le quali hanno nutrito false aspettative e una distorsione completa della realtà del trading. Le promesse di denaro facile e di strategie infallibili hanno creato una visione irrealistica di ciò che rappresenta il trading e l’attività imprenditoriale in
READ MOREReading time: 10 Minutes History Candlestick charts are claimed to have been created in the 18th century by Japanese rice trader Munehisa Homma. In 1991, Japanese Candle Charting Techniques, written by Steve Nison (Amazon.com), served as an introduction to the west. This book includes a wealth of information you can use as a resource for
READ MOREIl sentiero del Trader Molti trader privati e aziende si stanno rivolgendo al trading come modo per generare un reddito aggiuntivo. Per operare con successo sui mercati però, è necessario avere un piano di trading step by step. Un piano di trading è fondamentalmente una tabella di marcia che delinea le vostre strategie e i
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