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Our data shows traders are now net-long Germany 40 for the first time since Oct 25, 2022 when…
Number of traders net-short has decreased by 26.54% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIGermany 40BEARISH50.65%49.35%53.21% Daily75.68% Weekly-27.11% Daily-26.54% Weekly-0.75%…
US Stocks Sink as Yields Soar, S&P 500 Carves Out Bearish Double-Top Pattern
S&P 500 OUTLOOK:S&P 500 falls as U.S. Treasury rates skyrocket following strong U.S. economic dataSolid private sector payrolls and services sector activity data reinforce expectations for additional monetary tighteningThe S&P…
Trend lines – Analytics & Forecasts – 6 July 2023
Trend lines are lines drawn on the historical price levels that predict general direction of where the marking is heading and provide indication of support/resistance. Drawing trend lines is a highly subjective matter. The best…
Chart Art: Silver (XAG/USD) Testing Area of Interest
I’m seeing a textbook correction play on the 4-hour chart of silver!
Will resistance keep holding?
As you can see from the 4-hour chart below, the commodity price made lower highs connected by a falling trend line.Silver (XAG/USD)…
Canadian Dollar declines against USD after release of positive US labor data
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Canadian Dollar trades at a new 3-week low vs. the US Dollar following the release of strong US…
Our data shows traders are now net-long France 40 for the first time since Jun 26, 2023 when France…
Number of traders net-short has decreased by 27.77% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIFrance 40BEARISH50.34%49.66%51.01% Daily58.08% Weekly-26.49% Daily-27.77% Weekly-0.89%…
Analysis of GBP/USD, EUR/GBP, GBP/AUD
GBP PRICE, CHARTS AND ANALYSIS:
Recommended by Zain Vawda
Get Your Free Q3 Forecast From the DailyFX Team
Read More: Oil Price Forecast: WTI and Brent Trickle Higher as OPEC Seminar in Vienna Kicks OffGBP, UK…
Amazing Entries Indicator User manual Guide – Analytics & Forecasts – 6 July 2023
Introduction Dear Traders, I am always working to come up with tools that may help you to become a better trader and investor. Due to my experience in trading and market analysis and trading software design and development, I am…
Daily Forex News and Watchlist: AUD/USD
I got my eye on AUD/USD today!
Specifically, I’m checking out a possible break-and-retest situation on the 15-minute time frame.
Before moving on, ICYMI, yesterday’s watchlist looked at CAD/JPY’s short-term range support ahead of U.S.…
Finds some support near 23.6% Fibo., rebounds to 144.00 mark
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USD/JPY plummets to over a one-week low on Thursday, albeit lacks follow-through selling.
The sharp…