8 Reasons You Should Learn To Read Price Action
8 Reasons You Should Learn To Read Price Action If you’re looking to enhance your trading skills, learning to read price action is essential. Price action trading allows you to make informed decisions based on the actual price movements on the chart, rather than relying solely on technical indicators. At Xtreme Markets, we believe that […]
Australian Dollar Gains Ahead of Fed Rate Decision
Australian Dollar Gains Ahead of Fed Rate Decision The Australian Dollar (AUD) has seen a slight recovery driven by a potential shift towards risk-on sentiment among investors. Despite this uptick, the AUD/USD pair encountered downward pressure in the early trading hours on Wednesday. This movement followed the release of the AiG Industry Index, which indicated […]
Powell Expected to Indicate Rate Cuts Hinge on Further Inflation Reduction
Powell Expected to Indicate Rate Cuts Hinge on Further Inflation Reduction Following three consecutive inflation reports that exceeded expectations, Federal Reserve officials have become increasingly cautious about the likelihood of interest rate cuts this year. As they conclude their latest policy meeting on Wednesday, the focus is on whether they will continue to anticipate any […]
USD/CAD Rises Above 1.3750 as Markets Await Fed Rate Decision
USD/CAD Rises Above 1.3750 as Markets Await Fed Rate Decision The USD/CAD currency pair was trading positively around 1.3778 on Wednesday during the early trading hours in Asia. The pair gained strength, influenced by weaker economic indicators from Canada and a robust US Dollar. Specifically, Canada’s Gross Domestic Product (GDP) for February underperformed expectations, growing […]