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Number of traders net-short has decreased by 25.76% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUSD/CHFBEARISH91.27%8.73%0.59% Daily17.01% Weekly-19.67% Daily-25.76% Weekly-1.58%…

US Core PCE Key Points:Core PCE Price Index YoY(NOV) Actual 3.2% Vs 3.5% Previous.PCE Price Index YoY(NOV) Actual 2.6% Vs 2.9% Previous (Revised Down).The Data Today Will Only Further Fuel the Fire Regarding Rate Cuts in 2024.To Learn More…

Traditionally, we publish currency forecasts from leading global financial institutions at the turn of the outgoing and incoming years. Having maintained this practice for several years, it enables us to not only peer into the…

Share: Silver edges higher for the fourth straight day and climbs a near three-week top on Friday. The…

U.S. DOLLAR TALKING POINTS & ANALYSISUS GDP leaves greenback shaky.Core PCE in focus later today and could dictate terms for the rest of 2023.DXY bulls seek out upside reversal.Elevate your trading skills and gain a competitive edge.…

TradeWise EA is a powerful tool designed to simplify Forex trading in MetaTrader. One of its standout features is the automatic identification of Support and Resistance (S/R) zones. This feature is particularly useful for…

The yen has been in selloff mode ever since the BOJ renewed its dovish stance.Can CAD/JPY keep up its climb from here? Here’s what I’m seeing on the 1-hour frame: CAD/JPY 1-hour Forex Chart by TV Yen pairs popped higher earlier this…

Share: GBP/USD Price Analysis: The immediate upside barrier is seen at 1.2740 The GBP/USD pair struggles to…

US DOLLAR FORECAST – GOLD PRICES, EUR/USD, GBP/USDThe U.S. dollar, as measured by the DXY index, sinks to its lowest level since early AugustWith U.S. yields biased to the downside and risk-on sentiment in full swing, the path of least…

if you want to code something, you always look for options such as ZigZag, Fractals, Moving average and other ways to find peak and troughs so you can make things a little bit easy. But they may not be the highest accurate…