I think shorter timeframes, 15 minutes or less, are more suitable for scalping—ideally 5 minutes. On the 1-minute timeframe, there's too much noise and a high likelihood of completely random price movements. However, some traders who trade momentum...
Investors will closely watch upcoming U.S. economic releases, particularly the Producer Price Index (PPI), which is expected to show a 1.6% year-over-year (YoY) increase in the headline figure, with the core PPI likely rising by 2.7% YoY. If the...
AUD/USD managed to regain the smile and challenged the key 0.6500 hurdle on the back of the knee-jerk in the US Dollar and ahead of key data releases in Australia and the US labour market On the technical front, the AUD/USD faces resistance at...
The pair’s movement in the coming weeks will be heavily influenced by broader market sentiment, with shifts in global risk appetite playing a pivotal role. If investors start gravitating toward riskier assets or if the U.S. economy stabilizes, the...
The UK consumer has enjoyed strong real wage growth, though the remarkable pace witnessed in the first half of the year is unlikely to be repeated in the second half. Despite this, growth data is no longer the primary focus of the Bank of England...
