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GBP/USD May Fall as USD/CAD Rises Amid Changes in Retail Exposure
US Dollar, GBP/USD, USD/CAD, Technical Analysis, Retail Trader Positioning – IGCS UpdateUS Dollar has been stabilizing in recent days after a string of lossesRetail traders became more bullish GBP/USD, bearish USD/CADIs this a sign that…
ASX 200 Rises on Weaker AUD, Iron Ore Reversal Potential
AUD/USD, AUS 200, Iron Ore AnalysisMeasured approach from the RBA sees the Aussie head lowerIron ore prices hold up for now, potential head and shoulders reversal pattern emergingAUS 200 index edges higher on weaker AUD and positive…
GBP/USD plunges but stays afloat above 1.2900
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GBP/USD plunged after the release of inflation figures in the United Kingdom (UK), extending its…
Tesla and Netflix Report Mixed Earnings, Nasdaq 100 Futures Weaker After Hours
TESLA AND NETFLIX RESULTS:Tesla’s second-quarter results beat top and bottom-line estimates, but profitability worsensNetflix’s results were mixed, with revenue slightly below expectations but EPS above market forecastsShares of both…
BoE tightening expectations fall following soft CPI figures of the UK
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The GBP/JPY tallied its third daily loss in a row and slid to a daily low below 180.50.
UK’s June…
US Stocks Buoyed Ahead Netflix, Tesla Earnings
Nasdaq AnalysisTech stocks continue upward momentum ahead of Tesla, Netflix earningsNasdaq approached the all-time high of 16,767 – could tech EPS beats provide the catalyst?The analysis in this article makes use of chart patterns and key…
USD/JPY gains ground despite weak Housing data from the US
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The USD/JPY tallied a fourth consecutive day of gains and trades near 139.80.
Housing Permits and…
EUR/USD Stuck Between Confluence Support and Fibonacci Resistance. Now What?
EURO FORECAST:The euro has risen aggressively in recent weeks, but its bullish momentum has started to fadeThe pair appears to have entered a period of consolidation amid lack of fresh market catalystsThis article looks at key EUR/USD’s…
USD/MXN jumps from weekly lows amid soft US housing data
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USD/MXN pair is riding on the uptick from Tuesday after June’s Retail Sales data revealed a moderate…
XAU/USD Price Forecast: Gold Seeks Fundamental Catalyst
GOLD OUTLOOK & ANALYSISFading US economic data supportive of gold prices.US building permit data misses estimates.Gold looks towards $2000 resistance handle.
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