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Australian Dollar Soars, Will AUD/USD Extend Gains as Retail Traders Turn Bearish?
Australian Dollar, AUD/USD, Technical Analysis, Retail Trader Positioning – IGCS UpdateAustralian Dollar gains most since end of JulyRetail traders started unwinding bullish betsWill AUD/USD extend higher from here?
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USD/CAD Retreats Following Lackluster US PMI, Mixed CAD Retail Sales Data
USD/CAD PRICE, CHARTS AND ANALYSIS:The Loonie Arrests Slump Largely Thanks to Weak US PMI Data. More Weakness Ahead for the Canadian Dollar?Core Retail Sales Data Paints a Worrying Picture for the Canadian Economy.Market Participants Are…
Climbs after hitting YTD low below 0.8500, oscillates around 0.8540s
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EUR/GBP rebounds from a YTD low of 0.8492 to trade at 0.8542, gaining 0.28%, but remains below…
PMI Data, US Yields Provide USDJPY Reprieve
USD/JPY News and AnalysisBonds rise after terrible PMI data weakens the global growth outlookIG Client Sentiment favors a continuation of the longer-term trendEnter Jackson Hole - the focal point of this weekThe analysis in this article…
Play of the Day: AUD/USD Downtrend to Resume Soon?
This forex pair is in correction mode and might find sellers at these nearby inflection points.
On the hourly time frame below, you can see that AUD/USD is cruising below a falling trend line that’s been holding so far this month.Can!--/sse-->!--sse-->…
Dow Jones breaks below long-term support as market awaits Nvidia earnings, Jackson Hole symposium
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Dow Jones shed about half a percentage point on Tuesday.
DJIA lost 2.21% last week and has now…
Sterling Damaged by Feeble UK PMIs
British Pound - GBP/USD and EUR/GBP Charts and AnalysisBoE rate hikes are being pared back after the latest S&P PMIsCable touches a fresh multi-month low
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Trading Forex News: The…
Interbank loans – Other – 23 August 2023
Interbank loans are short-term loans that financial institutions, such as banks, lend to one another. These loans are typically used by banks to manage their daily liquidity needs and to meet their regulatory reserve…
3 Tips to Help You “Visualize” Your Way to Winning Trades
Have you ever tried preparing a meal from scratch?
The idea is overwhelming at first because you don’t know what you have in the kitchen. Plus, there are SO many things that could go wrong especially if your idea of “cooking” is…
Oil to flirt with an implosion if EIA numbers undershoot estimates
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Oil (WTI) trades at $78.90, steering further away from $80.
The US Dollar gave markets a…