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British Pound Set for Worst Month Since August 2022 as Upside Exposure Builds
British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS UpdateBritish Pound set for worst month since August 2022?Retail traders’ bullish exposure relentlessly buildingWill the exchange rate bounce off near-term…
Higher US Treasury Yields Limiting Aussie Dollar
AUD/USD ANALYSIS & TALKING POINTSUS bond market guides AUD lower.US economic data and Fed guidance in focus later today.AUD bulls barely holding on.
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Chart Art: Consolidation-Breakout Setup on GBP/AUD?
We’re staying focused on AUD charts ahead a major economic update from Australia, and this time we’re looking at the downtrend in GBP/AUD.
Will the consolidation pattern break to the downside? Or are we looking at a potential reversal…
S&P 500 sheds 64 points on Tuesday to close -1.47% as risk appetite stumbles
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US equities down across the board as risk aversion takes a bite out of stocks.
Deterioration in…
USD/CAD Breaks 5-day Range Despite Resumption of WTI Rally
USD/CAD PRICE, CHARTS AND ANALYSIS:
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Read More: Gold Falters as US Yields and the DXY Advance, $1900 at RiskUSDCAD has finally broken out of the recent…
Event Guide: U.S. Core PCE Price Index (August 2023)
Global inflation rates have heated up this past month, so will the Fed’s favorite inflation gauge–the U.S. Core PCE Price Index–show traders the same and move the markets?
Here are points you need to consider if you’re planning on…
NZD/USD looking to stabilize near 0.5950 ahead of US data heavy week
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The NZD/USD is drifting around 0.5950 for Tuesday after recovering from a knockback to 0.5935.
The…
Gold Falters as US Yields and the DXY Advance, $1900 at Risk
XAU/USD PRICE FORECAST:MOST READ: Gold (XAU/USD), Silver (XAG/USD) Forecast: Upside Potential but Technical Hurdles Lie AheadGold extended its losses in the European session as US Treasury Yields continued their advance, while the US…
SimpleCoreRanger – Trading Systems – 26 September 2023
Overview SimpleCoreRanger is a grid trade (repeat type) EA that trades short and long in the middle price range, and only short or only long at the edge of the chart. Pairs || No restrictions. All pairs available. It can be…
Event Guide: Australia’s CPI Report (September 2023)
Inflation updates have been the trading rage as of late, and we’ll get another opportunity to see volatility with the latest update from Australia.Will it signal sticky price rises to keep the Reserve Bank of Australia on their toes,!--/sse-->!--sse-->…