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Share: The EUR/USD reached a daily high of 1.0532 before slipping back to 1.0500. EU & US data both…

Number of traders net-short has decreased by 40.19% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIOil - US CrudeBEARISH51.94%48.06%10.99% Daily44.11% Weekly-11.17% Daily-40.19% Weekly-0.89%…

GOLD PRICE OUTLOOK:Gold prices traded slightly higher on Wednesday on U.S. dollar softness ahead of key U.S. economic data.The September U.S. employment report will steal the spotlight on Friday and will be key for financial markets.This…

The Hammer The hammer price action pattern is a bullish signal that signifies a higher probability of the market moving higher than lower and is used primarily in up-trending markets. Here is an example of what a hammer candle…

Self-sabotage and negative thinking are common psychological obstacles that traders face, often undermining their performance and success in the market.These mental barriers can lead to impulsive decision-making, inability to stick to…

Share: DXY comes under pressure following recent peaks. A move to 108.00 still appears in store near term.…

Euro Price Setups: EUR/USD, EUR/GBP, EUR/JPYEU PMI data shows modest improvement but demand hampers growthEUR/USD: Treasury yields outpace Bund yields, ECB more likely to have peakedEUR/GBP: Mean reversion in focus as bullish potential…

💬Description: The price of the metal has entered the previously expected range and is currently within it. Here, as before, a potential reversal is expected. Today is a fairly rich day for economic data, basically like the…

Traders are buying the European currencies today! Will EUR/USD see a longer-term reversal? Or is the pair just pulling back from its recent sharp losses? Before moving on, ICYMI, yesterday’s watchlist checked out NZD/USD’s support zone…

Share: Australian Dollar struggles to recover from the recent losses. RBA’s decision to keep policy rates…