ANZ Predicts RBNZ Cash Rate to Reach 4.0% (Previously 3.5%) – A Heartfelt Look at New Zealand’s Central Bank Forecast ANZ’s reasoning for projecting a higher end point for RBNZ rate hikes. To come in November. Recently, ANZ made headlines with their bold prediction that the Reserve Bank of New Zealand’s cash rate would reach…
Welcome to the Daily Pivots Blog! Understanding USD/CAD Intraday Bias So you’ve come across those mysterious numbers like S1, P, and R1 in the world of Forex trading, specifically when it comes to the USD/CAD pair. Don’t worry, you’re not alone! These are actually daily pivot points that traders use to determine potential support and…
ETHUSD: Ascending Triangle Pattern Above $1006 Ethereum Struggles to Maintain Bullish Momentum Ethereum was unable to sustain its bullish momentum, and after touching a high of 1251 on 9th July started to decline against the US dollar touching a low of 1006 on 13th July. After this steep decline, we can see that the prices…
Commenting on yesterday’s US CPI report, which showed headline inflation surged to 9.1%, Atlanta Fed President Raphael Bostic said the “numbers sugges… The Impact of Surging Inflation Rates Yesterday’s US CPI report revealed a staggering surge in headline inflation, with rates reaching a record high of 9.1%. This significant increase has sparked concerns among economists,…
European Stocks Opened Around Parity After a Mixed Asian Session; Investors’ Eyes on US CPI Data European Market Update European shares opened around parity this morning after a mixed Asian session. Investors are keeping a close watch on the upcoming US Consumer Price Index (CPI) data, which is expected to provide further insights into inflation…
EUR/USD Extends Decline and Tests 1.0000 Support Important Takeaways for EUR/USD and USD/JPY The Euro started a fresh decline and even tested the 1.0000 support. This significant level has held thus far, but the overall trend remains bearish for EUR/USD. On the other hand, USD/JPY is on the rise and might continue to gain pace…
The Definitive Guide to Price Action Backtesting This post is written by Jet Toyco, a trader and trading coach. I’m sure that at some point in your trading journey you’ve heard: “You must backtest your strategy before risking real money!” “If you want to save time and money in trading, backtesting is key!” On the…
Vacaville Welcomes Mettler-Toledo Rainin, LLC: A New Chapter for Interchange Business Park Embracing Growth and Innovation in Vacaville Welcome to Vacaville, where a new chapter in business development is about to unfold. Mettler-Toledo Rainin, LLC has announced their expansion into our very own Interchange Business Park, bringing with them a wealth of opportunities and promise…
