• 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

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  • 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

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  • 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

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  • 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

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  • 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

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  • 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

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  • 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

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  • 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

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  • Week Ahead: Tariff Risks and Macro Themes Ahead

    Week Ahead: Tariff Risks and Macro Themes Ahead

    • March 30, 2025

    Another month has nearly passed, and just like that, we find ourselves in Q2 25. The week ahead promises to be eventful, with the majority of focus on US President Donald Trump’s so-called ‘Liberation Day’ on 2 April. Last week, moderate downside was observed in US Treasury yields and the US dollar (USD), and US

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  • The Pattern Pulse – 27 March 2025

    The Pattern Pulse – 27 March 2025

    • March 27, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/USD Eyeing US$1.07 Monthly, Daily, H1 Timeframes: With price action on the monthly timeframe rejecting the underside of the 50-month simple moving average (SMA) at US$1.0927 and daily price recently completing a double-top pattern from the lower

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  • UK CPI Inflation Data and Spring Statement in Focus

    UK CPI Inflation Data and Spring Statement in Focus

    • March 25, 2025

    Tomorrow welcomes the UK February CPI inflation print (Consumer Price Index) at 7:00 am GMT, followed by UK Chancellor Rachel Reeves claiming the spotlight with her Spring Statement. The Statement is expected to be announced around 12:30 pm GMT, following Prime Minister’s Questions. Inflation Expected to Cool Price pressures are still too high despite year-on-year

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  • Week Ahead: Inflation Data on the Radar

    Week Ahead: Inflation Data on the Radar

    • March 23, 2025

    Another week has come and gone. The US Federal Reserve (Fed), the Bank of England (BoE), and the Bank of Japan (BoJ) all left their respective policy rates unchanged. The Fed underlined increased economic uncertainty (most central banks emphasised similar concerns), with growth (inflation) forecasts revised lower (higher). The BoE’s meeting was a bit of

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