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NZD/USD plunges to lows since November 2022 below 0.5900
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The NZD/USD lost nearly 1%, falling below the key level of 0.5900.
The USD benefits from a cautious…
Our data shows traders are now net-long AUD/JPY for the first time since May 15, 2023 when AUD/JPY…
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%…
US Futures Mixed While Nikkei 225 Remains in Uptrend
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…
Play of the Day: GBP/AUD Neckline Test After RBA Decision
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…
Next on the upside comes 105.00
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DXY accelerates gains to multi-week highs past 104.80.
Further gains could see the 105.00 barrier…
Long-Term Level Caves as Downside Risks Accrue
Euro News and Analysis
Recommended by Richard Snow
How to Trade EUR/USD
EUR/USD Breaks Long-Term Pattern – Downside Risks AccrueEUR/USD price action over the last two weeks has highlighted the longer-term…
How Does AI work ? – Analytics & Forecasts – 5 September 2023
Greetings ! Recently, a whole horde of trading systems have appeared that use AI Such systems will always be closed to us; this is beneficial to the manufacturer. Thus, you will never be able to change the logic inside, only…
Daily Forex News and Watchlist: AUD/NZD
Aussie pairs are on the move today thanks to China’s PMI and the RBA decision.Is AUD/NZD gearing up for a breakdown, too?
Before moving on, ICYMI, yesterday’s watchlist looked at EUR/AUD’s trend line pullback ahead of the RBA decision.!--/sse-->!--sse-->…
Focus on software earnings this week
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S&P 500 still trades below July 27 range high of 4,607.
Arm files for largest IPO in years,…
Our data shows traders are now at their most net-long NZD/USD since Aug 13 when NZD/USD traded near…
Number of traders net-short has decreased by 28.08% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OINZD/USDBEARISH80.80%19.20%4.00% Daily-2.86% Weekly-9.48% Daily-28.08% Weekly1.11%…