Fed’s inflation fight

This week was dominated by the hot US inflation print on Tuesday. Markets were expecting another dip lower in US inflation, but the headline and the core readings came in…

JPY hits 20-year low

This week was busy with the European Central Bank, Reserve Bank of Australia, and Bank of Canada all meeting. One interesting point to note was a comment from RBA’s Governor…

Trading the Pennant and Flag pattern

According to Thomas Bulkowski, one of the most profitable technical patterns is the high and tight flag, breaking higher. According to Bulkowski, when properly recognised, it can reach a target…