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WTI recovers and rises back above $75.00 following US Retail Sales
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WTI sets more than 2% gains on the day, jumping to a high near $75.70.
Retail Sales data from June…
USD/JPY Hugs Fibonacci Support, EUR/JPY Eyes Key Resistance
of clients are net long.
of clients are net short.
Change in
Longs
Shorts
OI
Daily
-7%
-1%
-4%
Weekly
10%
-20%
-8%
USD/JPY TECHNICAL ANALYSISUSD/JPY rallied…
Event Guide: New Zealand CPI Report (Q2 2023)
Can the RBNZ resume its tightening cycle anytime soon?
The upcoming New Zealand quarterly CPI release might have some clues!
Event in Focus:
New Zealand Consumer Price Index (CPI) and inflation data for Q2 2023
When Will it Be Released:…
Canadian Dollar lower after release of below-estimates inflation data
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Canadian Dollar trades lower after the release of key macro data from both the US and Canada,…
Our data shows traders are now net-long USD/JPY for the first time since Mar 27, 2023 when USD/JPY…
Number of traders net-short has decreased by 19.92% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUSD/JPYBEARISH50.09%49.91%11.28% Daily27.09% Weekly-4.96% Daily-19.92% Weekly2.54%…
Bitcoin (BTC/USD) Fades Lower as Bulls Tire, Support Coming Under Pressure
Bitcoin (BTC) Prices, Charts, and Analysis:Lack of follow through after ETF-hope-inspired rally.Support coming pressure as traders wait for next week’s FOMC meeting.
Recommended by Nick Cawley
Get Your Free…
EURUSD 18 JULY 2023 – TRADE WITH THE AMAZING COMBO ITALO PIVOTS, ITALO VOLUME AND ITALO TREND…
Hello Traders, we had a trade on EURUSD on H1 time-frame that today 18 July 23 the market already moved +2200 Points! In this trade we looked first at green candles from Italo Trend showing that the market is going to trend.…
Daily Forex News and Watchlist: CAD/CHF
Yooo CAD/CHF is knocking on a short-term resistance level ahead of Canada’s CPI report!
Will bears rush to sell CAD today? Or will CAD/CHF see an upside breakout?
Before moving on, ICYMI, yesterday’s watchlist looked at AUD/JPY’s…
Scope for a bounce near term
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Considering advanced prints from CME Group for crude oil futures markets, open interest shrank by…
RBA Minutes Unable to Prevent Thinning Aussie Dollar
AUD/USD ANALYSIS & TALKING POINTSRBA Minutes slightly hawkish yet AUD extends selloff.US retail sales under the spotlight later today.Long wick could lead to further AUD weakness.
Recommended by Warren Venketas…