99% of economists agree that the Fed will raise rates by 50 basis points. The remaining 1% say it will be by 75 basis points. With such a strong market consensus, it’s unlikely that the rate hike will have as much of an impact since it’s already priced in. After…

Get ready to trade the NFP LIVE with a seasoned analyst! Our resident market strategist David Kindley will be going live to give you exclusive insights into this month’s non-farm payrolls data release. Last month, non-farm payrolls reported a significantly lower addition of just 431K jobs. Did the previous data…

Yesterday, markets got a bit of a surprise as US Q1 GDP was reported at -1.4% on an annualized basis. This was well below the 1.0% growth expected. Various news agencies provided headlines to soften the implications of the first negative growth since the start of the pandemic. But analysts…

The internal structure of the NZDUSD pair hints at a cycle zigzag pattern that consists of sub-waves a-b-c. On the chart, we see the end of…

Tomorrow we get European CPI figures, which usually don’t move the market. That’s because we get each constituent country’s CPI figures earlier, so there isn’t much of a surprise. However, these are not “usual” times, particularly given the context of Europe’s exposure to the war in Ukraine. And, most importantly…

In the long term, the GBPJPY pair seems to be forming a large correction trend, taking the form of a triple zigzag. On the 1H timeframe…

For those following central bank policy, the rise of bond yields around the world is imminent. These have a profound impact on financial markets, especially forex. There is a general push by central banks to raise interest rates in an effort to stave off inflation. But not all banks are…

The current structure of the USDCAD currency pair indicates the construction of a large correction wave IV. This is part of the global…