By Daniel Chambers, Head of Data & Analytics at BidFX (an SGX company). Despite the overall market’s recent surges, big tech stocks like Nvidia have disappointingly lagged. Yet, I can’t help but be intrigued by Nvidia’s current setup and potential.

US CPI data for January came stronger than expected, as did the PPI, and then Wednesday the ISM print added to inflation worries. Limited access to fiat rails, in conjunction with increased regulatory scrutiny and tax considerations, continue to pose a challenging environment for many crypto institutions. Markets around the globe are focused on inflation and its potential ramifications for monetary policy, and we got good news on this front out of Europe yesterday. A head and shoulders chart pattern typically indicates a reversal at the end of an uptrend. It includes three peaks with troughs between them and can be followed by a significant breakdown.

Trading Commentary Mar 30, 2023

Stay committed to learning and improving your trading skills by attending various webinars, reading books, and follow various financial news streams to stay updated on market trends and trading techniques. Conclusion Choosing the right stocks for trading is a vital aspect of achieving success in the stock market industry. By understanding your trading strategy, evaluating factors such as liquidity, volatility, industry trends, and conducting thorough analysis, you can make informed decisions. Always Remember that trading involves risks, and no strategy guarantees success.

Psychology of Trading: How Emotions Affect When to Enter a Forex Trade

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. Our support & resistance lines are drawn on the chart, making you aware of significant price levels to help with potential entry and exit points and manage risk. Read more about Trading Insights here. Our portfolio-driven insights can easily be embedded within your mobile website or app making it easy for investors to harness the actionable analytics.

In reality, any upward movement is short-lived and quickly overtaken by bearish activity, causing traders who bought into the bull trap to lose… Earnings reports provide important updates to investors about how a company is doing financially and what the company’s management expects the near future to look like.

Both Australia and the U.S. are scheduled to print their CPI figures this week, so I’m looking out for potential moves on AUD/USD.

These intelligent bots analyze market trends and provide buy and sell recommendations. By following the alerts sent by these robots, you can potentially increase your trading success. Read more about Trading Discords here. Although there is a monthly fee involved, many traders find the investment worthwhile due to the accuracy of the recommendations. The Charles Schwab Corporation provides a full range of brokerage, banking and financial advisory services through its operating subsidiaries.

Plus500CY is the issuer and seller of the financial products described or available on this website. Provides insights from all the publicly available 2024 investment outlooks. Manages a diverse portfolio as an experienced investor, focusing on identifying and supporting disruptive ventures. Maximizes productivity, physical, and mental health using neuroscience insights, trained on Huberman Lab podcast episodes. Become our partner and together we’ll unlock new markets and new revenue streams in the trading world. With the usual round of early month, top tier U.S. events hitting the wires, our FX strategists focused on USD events this week with strategy discussions on USD/CHF & EUR/USD. Once you know exactly what your sweet spot is and is not, then the real challenges begin.

Be prepared to react to news that aligns with your trading strategies. Welcome to AI Trading Insights, your go-to source for all things AI-powered investing. I am excited to share my journey of exploring the use of AI in stock market trading with you.

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