Welcome back to the second part of our series on hunting for trend days. In Part 1, we explored the fundamental characteristics of trend days and the essential tools for identifying them early. Now, let's delve deeper into advanced strategies for maximising opportunities and effectively managing trades during trend days.
Advanced Strategies for Identifying...
As Amazon gears up to announce its first-quarter earnings for 2024 after today’s closing bell (April 30th), traders are poised to capitalise on the potential volatility and opportunities that this news event may bring to the market.
Let's delve deeper into what investors can expect from Amazon's Q1 earnings by examining market expectations, growth drivers, and...
With USD/JPY’s volatility surging amidst rumours of impending Bank of Japan (BoJ) intervention, let’s examine the pivotal factors driving this market.
Monetary Policy Divergence Fuels Rally
USD/JPY has surged since the start of the year, propelled by a notable divergence in monetary policy between the Federal Reserve and BoJ. Last Friday, the BoJ's decision...
The US economy grew 1.6% in the first quarter of 2024. The actual figure was lower than the estimates of 2.5%, which caused some re-pricing of risk sentiment in markets after the data was released.
Albeit the data was lower than anticipated, the US economy still managed to grow in the first quarter, a stark contrast to what is expected in many countries in...
Oil futures are struggling to regain their footing this week as traders perceive that risks of the Middle East tensions impacting supply have eased. The lack of damage or casualties following the retaliatory attacks Israel launched on Iran on Friday has led Iranian officials to deny any further retaliation from Tehran, a successful effort from diplomats who have...
US stock indices are attempting to halt their declines on Monday after heavy selloffs last week. The US 100, which focuses on the technology sector, dropped over 5% last week, its worst weekly performance since October 2022. The index is down over 8% from the highs at the end of March.
Resilient US economic data and geopolitical concerns have pushed investors...
