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GBP/USD wavers amid US CPI data; traders focus on UK’s GDP
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GBP/USD touched a weekly high of 1.2818 but paired those gains, plunging afterward below 1.2700.
US…
00 GMT when FTSE 100 traded near 7,548.40.
Number of traders net-short has increased by 23.27% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIFTSE 100BULLISH49.39%50.61%-7.98% Daily-23.50% Weekly-0.89% Daily23.27% Weekly-4.53%…
EUR/USD Gains; On-Target US CPI Has Markets Betting Rates Will Stay Put
EUR/USD Price, Chart, and AnalysisEUR/USD topped 1.10 After Jul’s US Inflation DataCore CPI’s Deceleration Trend Remains In Place even as headline inflation ticked upEurozone inflation expectations remain uncomfortably high
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Chart Art: Cable (GBP/USD) Is Testing a Key Inflection Point!
Trend warriors huddle up!
If you’re looking for long-term trends to trade, then you’ll definitely want to check out GBP/USD testing a key inflection point.
What do you think of the setup?
GBP/USD Daily Forex Chart by TV
If you’ve…
Euro shifts its attention to the mid-1.1100s post-US CPI
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Euro fades the initial hiccup to 1.1060 vs. the US Dollar on Thursday.
Stocks in Europe close the…
Breaking News – US Dollar Slips After Inflation Data Miss Forecasts
US Dollar (DXY) Price, Chart, and AnalysisThe US dollar sheds half a point after the CPI release.Headline inflation rises by less than expected.
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Get Your Free USD Forecast
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Detailed Installation Instructions for Boring Pips EA – Trading Systems – 10 August 2023
Boring Pips is an expert advisor that combines advanced artificial intelligence algorithms with classic trading strategies involving momentum, support, and resistance levels. Despite its advanced technology, simplicity and…
Daily Forex News and Watchlist: USD/JPY
The U.S. CPI report is comin’ right up!
Here’s a simple trend pullback setup I’m eyeing on USD/JPY.
Before moving on, ICYMI, yesterday’s watchlist looked at AUD/JPY’s range resistance test after China printed downbeat inflation data. Be!--sse-->…
Scope for the Franc to weaken somewhat against the EUR in the coming quarters – Commerzbank
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The Franc continued to strengthen against the Euro in July. The unchanged hawkish stance of the SNB is…