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It’s been another week of wide ranges with little direction. That’s not to say we didn’t see both sides try. A few of the top 25 saw solid selling, both AVAX and XRP were hit with sell-offs, while the more significant coins like BTH and ETH fought back off lows forming spinner type candles. Bitcoin […]
We wrap up this month’s Trade Zone Week Ahead coverage with a final look ahead at what’s in store this week as markets open. Last Friday ended on a positive note as Wall Street finished on a high, with both the Nasdaq and S&P500 posting positive gains for one of the best weeks of the […]
It’s a big week for the US Fed this week, as it meets to push through its first increase in interest rates since the pandemic, against an increasingly volatile situation in Ukraine. Last week, the markets witnessed parabolic moves for both oil and gold as risk-off sentiment increased, however, those moves didn’t last long and […]
It was another crazy week on the financial markets, fundamentally driven by the worsening nature of the current Russia-Ukraine conflict. As markets open today, it’s fair to say that sentiment hinges on the ever-evolving headlines of the crisis and traders’ appetite for risk against that particular backdrop. In today’s Trade Zone Trading Week Ahead, we […]
Welcome to this week’s wrap-up. Unsurprisingly, the U.S. debt ceiling agreement took center stage as the primary concern in the market. Throughout the week, the bill made its way through the legislative process and ultimately passed, triggering notable reactions in risk markets from Thursday through to today.
Risk markets set the tone on Wednesday as traders reacted to hopes that today’s CPI data will come in lower than expected. This could lead to small interest rate hikes and could even signal peak inflation.
Today we cover the risk markets as they continue to post recoveries. Our focus is on risk majors to the USD, the USD index, oil, and the US30. The majors continue to push higher to the USD, with the AUD and EUR leading the charge.
Join Boris Schlossberg this coming Monday, at 8PM AEST (11AM BST) for his final Trade Zone Week Ahead Live of September. See how Boris reviews the events in the economic calendar, summarises the market movements made and offers you his potential trade ideas as he sets you up for the upcoming week and finishes the month strongly.
Watch Boris’ Live Trading Week Ahead Update Watch Boris Schlossberg of BKForex host his penultimate Eightcap Trade Zone Trading Week Ahead Live. Discussing the present scenarios in FX, indices, oil and gold. Boris reviews the events from the week’s economic calendar, summarises the week’s market movements, and offers you the potential trade ideas he feels […]
