Number of traders net-short has decreased by 21.05% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIAUD/JPYBEARISH50.63%49.37%-5.66% Daily4.17% Weekly-15.95% Daily-21.05% Weekly-11.04%…
Article by IG Chief Market Analyst Chris BeauchampDow Jones, Nasdaq 100, Nikkei 225 Analysis and ChartsDow steady above 50-day MAUS markets return from their break, with the Dow’s bounce having stalled since last week. Friday’s…
And just like that, the RBA kept rates on hold for the THIRD statement in a row!
Can this mean a reversal for GBP/AUD?
On the short-term time frame, a double bottom formation can be seen, with the pair already testing the neckline…