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Technical Analysis & Forecast January 17, 2024
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How to Find a Reward-to-Risk Ratio That Works For You
<p>Aiming for a good reward-to-risk ratio can help improve trading expectancy but also increase the pressure on you. How can you find one that works best?</p>
Play of the Day: How Low Can AUD/CAD Go?
<p>How low can AUD/CAD go before enough AUD buyers show up to change the pair’s direction? We’re looking at the 1-hour chart, yo!</p>
Chart Art: Reversal Pattern Forming on Gold (XAU/USD)
<p>Gold was unable to sustain its consolidation breakout earlier on, creating a reversal pattern instead. Will we see confirmation soon?</p>
Event Guide: Australia’s Employment Report (December 2023)
<p>Australia’s jobs report could be a good opportunity to catch quick pips on AUD pairs. Will the December employment figures make or break RBA tightening hopes?</p>
Silver Price Analysis: XAG/USD recovery attempts remain limited below $23.00
Silver remains under pressure, with upside attempts limited below $23.00.
EUR/GBP dives to near 0.8570 as stubborn UK Inflation dents BoE rate cut bets
The EUR/GBP pair has witnessed an intense sell-off as the consumer price inflation in the United Kingdom economy for December remained surprisingly stubborn.
Soft stocks and firm or firmer US yields will keep the USD supported in the short run – Scotiabank
The US Dollar (USD) is firmer today but has edged off earlier highs versus the majors.