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news and insights.
Stay updated with Saichild’s latest articles and market commentary, offering expert insights into the financial world. Whether you're an experienced investor or just starting, we provide clear analysis to help you navigate the markets confidently. Our team tracks key trends, breaking down complex financial concepts into actionable advice. From investment strategies to personal finance tips, we cover a wide range of topics to support your financial journey. Trust Saichild to provide the tools and knowledge you need to grow your wealth and achieve your financial goals in today’s dynamic market.


EUR/USD skids into fresh ten-week low, taps 1.09 as ECB rate cut looms
The four-hour chart now shows a worsening of the downward trend. Against this, early disagreement is at 1.0897, ahead of 1.0881. On the...

James Lee
Oct 15, 2024


AUD/USD faces some selling pressure below 0.6750 on weaker Chinese data, geopolitical risks
The AUD/USD pair attracts some sellers to around 0.6730 and during the early Asian session on Monday. The stronger US Dollar (USD) and...

James Lee
Oct 14, 2024


USD/CAD extends upside to near 1.3750 ahead of US PPI, Canadian job report
The USD/CAD pair extends the rally to around 1.3745 during the early Asian session on Friday. The hotter-than-expected US inflation data...

James Lee
Oct 11, 2024


GBP/USD trades at multi-week lows below 1.3100
GBP/USD is trading close to multi-week lows below 1.3100 on Wednesday. The US Dollar adds to recent gains as the risk mood continues to...

James Lee
Oct 10, 2024


Gold price slips on Middle East truce calls, clings above $2,600
From a technical perspective, XAU/USD is in a consolidative phase, still developing above all its moving averages in the daily chart....

James Lee
Oct 9, 2024


USD/JPY flat lines around 148.00, remains close to a nearly two-month top
The USD/JPY pair retreats after touching its highest level since August 16, around the 149.10-149.15 area and extends the steady intraday...

James Lee
Oct 8, 2024


AUD/USD holds above 0.6800 despite stronger US Dollar, eyes on RBA Minutes
The AUD/USD pair recovers some lost ground to near 0.6805, snapping the two-day losing streak during the early Asian session on Monday....

James Lee
Oct 7, 2024


Best Bollinger Bands Strategy for Day Trading Breakout Strategy
Day traders constantly seek strategies that provide clear entry and exit points while offering consistent profitability. One of the most effective and widely-used tools in technical analysis is Bollinger Bands. Created by John Bollinger in the 1980s, Bollinger Bands help traders identify periods of high and low volatility in the market, making them an excellent choice for breakout strategies. We’ll explore how you can use Bollinger Bands for day trading and uncover the best

James Lee
Oct 6, 2024


Breaking: Nonfarm Payrolls rise by 254,000 in September vs. 140,000 expected
Nonfarm Payrolls (NFP) in the US rose by 254,000 in September, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading...

James Lee
Oct 4, 2024


Asia wrap: Awaiting Israel's next move as USD/JPY eyes 150.00?
Global traders are laser-focused on hedging tail risks right now, and the primary concern is the potential for higher oil prices. The...

James Lee
Oct 4, 2024


USD/JPY skyrockets over 200-pips on Japan’s PM comments
The Greenback recovered against the Japanese Yen on Wednesday, rallying over 2% after Japanese Prime Minister Ishiba commented the...

James Lee
Oct 3, 2024


EURUSD deflated by risk aversion on weak CPI numbers, ECB rate cut expectations
EURUSD ticked higher from three-week low (1.1056) in the US session on Tuesday but remains firmly in red after being deflated by risk...

James Lee
Oct 2, 2024


DXY rebounds slightly following Friday’s 14-month low
Daily Currency Update The US Dollar Index (DXY) was up slightly so far today near the 100.53 level after falling to a 14-month low on...

James Lee
Oct 1, 2024


EUR/USD churns in familiar territory ahead of EU inflation print
Further EUR/USD increases are expected to encounter initial resistance at the 2024 top of 1.1214 (September 25), followed by the 2023...

James Lee
Oct 1, 2024


USD/JPY chips away at Friday's losses as the reversal continues
USD/JPY up more than 150 pips from today's lows The Japanese political situation has been high drama in the past week. On Friday,...

James Lee
Oct 1, 2024


Singapore dollar hits 10-year high on U.S. dollar weakness, sticky inflation
The Singaporean currency is trading against the dollar at its strongest level in almost a decade, touching new highs in recent weeks amid...

James Lee
Sep 30, 2024


AUD/USD holds positive ground above 0.6900 ahead of Chinese PMI data
The AUD/USD pair extends its upside to around 0.6910 during the early Asian session on Monday. The rising bets for another oversized...

James Lee
Sep 30, 2024


Gold price plummets Friday, still eyes weekly gains over 1%
Gold fell to a three-day low beneath $2,650 after the US Bureau of Economic Analysis (BEA) revealed that September inflation continued to...

James Lee
Sep 28, 2024


Opening Market Update
The core and headline figures for Personal Consumption Expenditures prices were 0.1%, at or below expectations. The SPX is on track for...

James Lee
Sep 27, 2024
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