Traders are very susceptible to “mental burnout” or the collapse of the mind due to overwork or stress. Mental burnout can be triggered many factors like overtrading, extreme market conditions, unrealistic expectations, and of course, losses. The first thing you must understand about mental burnout is that, typically, there is not one single event that can trigger it. It…
The US dollar is mixed as the North American traders enter for the day. In the video above, I outline for traders the technical levels that are in play for the three major currency pairs – the EURUSD, USDJPY and GBPUSD. The USD is higher versus the EUR and the GBP, but lower vs the JPY. Overnight, the RBNZ…
RBNZ cuts OCR to 3.75%, signalling more front-loaded easing. We see 50bps of cuts in Q2 (25bps prior), 25bps in Q3 (unchanged), and a pause in Q4 (25bps cut prior). Output gap deteriorates sharply, reinforcing the case for further easing in 2025. NZD reaction muted, with markets largely pricing in the move, Standard Chartered’s analysts Bader Al Sarraf and…
2025.02.19 2025.02.19 RBA Cuts Cash Rate Contrary to Market Odds. Forecast as of 19.02.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The decline in cash rate from 4.35% to 4.1% does not mean that the monetary expansion cycle will continue in line with market expectations. This was the conclusion of the Reserve Bank of Australia, which supported the AUDUSD pair. Let’s discuss this topic…
Price action got livelier at the return of U.S. and Canadian traders, though the major assets still took cues from individual catalysts. Which headlines moved the major assets around on Tuesday? Let’s break them down: Headlines: RBA cut its interest rates by 25bps but remained cautious about future easing In her presser, RBA Gov. Bullock shared that this month’s…
Fundamental Overview The US Dollar this week has been erasing some of the losses experienced last week after the benign US PPI and the Trump’s reciprocal tariffs announcement. There hasn’t been any notable catalyst this week to support the greenback although some analysts pointed to less dovish comments from Fed’s Waller yesterday. On the JPY side, we got the…
EUR/GBP softens to around 0.8285 in Wednesday’s early European session. UK CPI inflation rose to 3.0% YoY in January vs. 2.8% expected. The dovish stance from the ECB might drag the Euro lower. The EUR/GBP cross weakens to near 0.8285 during the early European trading hours on Wednesday. The Pound Sterling (GBP) edges higher against the Euro (EUR) after the…
2025.02.19 2025.02.19 Short-Term Analysis for Oil, Gold, and EURUSD for 19.02.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The oil price is trading within an…
The Reserve Bank of New Zealand (RBNZ) cut its Official Cash Rate (OCR) by 50 basis points to 3.75% in their February meeting as expected, marking its third consecutive substantial rate reduction as inflation remains contained and economic activity subdued. Key Takeaways: RBNZ reduced OCR by 50 basis points to 3.75%, extending its easing cycle Annual consumer price inflation…
Australia news, tweet via Head of Financial Markets Strategy, Westpac, Martin Whetton: S&P cites weaker budget performance. Sheesh, if Queensland is copping it some other states (looking at you Victoria) can’t be far behind. This is not an AUD positive.
