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USD/CAD Dips on Solid Canadian Data but Broader Outlook Tied to US Inflation
CANADIAN DOLLAR FORECAST:USD/CAD slides in response to robust employment survey results from CanadaCanadian employers added 39,900 jobs last month versus 15,000 expected, signaling economic resilienceIn the upcoming week, the spotlight…
Shooting star – price action pattern – Analytics & Forecasts – 8 September…
The shooting star price action pattern is a bearish signal that signifies a higher probability of the market moving lower than higher and is used primarily in down trending markets. In essence, it is the opposite of the hammer…
4 Questions to Ask When Planning Trade Exits
If you browse through online communities and forums, you’ll notice that majority of trade discussions revolve around entering trades.
But while it’s very important to know how and when to enter a trade, it’s equally crucial to know when…
Further gains in store near term
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DXY comes under pressure and revisits the 105.00 zone.
Extra upside could see the YTD top near…
Our data shows traders are now net-long Germany 40 for the first time since Aug 22, 2023 when…
Number of traders net-short has decreased by 25.80% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIGermany 40BEARISH53.37%46.63%48.23% Daily88.56% Weekly-17.72% Daily-25.80% Weekly7.90%…
Bitcoin and Ethereum Price Latest – ETF ‘Noise’ Gives BTC/USD and ETH/USD a Bid for Now
Bitcoin (BTC), Ethereum (ETH) Prices, Charts, and Analysis:Talk of an imminent BlackRock Bitcoin ETF turns markets higher.BTC and ETH remain in multi-week ranges.The Bitcoin rumor mill was back in full flow yesterday after various tweets…
ZENVO Optimization – Analytics & Forecasts – 8 September 2023
Greetings ! Zenvo EA is internally designed in such a way that you do not need all the quotes inside the candle for optimization. This significantly increases the speed of research. It also takes up less RAM and CPU. This is…
Daily Forex News and Watchlist: GBP/CAD
With Canada expected to print slightly lower labor market numbers, you can bet that I have my eye on CAD pairs today.Specifically, I’m looking at GBP/CAD’s potential reversal pattern.
Are you seeing the same pattern on the 15-minute!--/sse-->!--sse-->…
Door open to further gains
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CME Group’s flash data for natural gas futures markets noted traders increased their open interest…
US Dollar Heads to the High Ground but USD/JPY Slips. Where to for USD/JPY?
US Dollar, USD/JPY, DXY Index, Japanese Yen, Treasury Yields, JGB, BoJ, Kanda - Talking PointsThe US Dollar ascent continued overnight with the DXY making a new highFirm US data underpinned interest rate markets with firming Treasury…