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Australian Dollar retraces its recent losses on subdued US Dollar
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Australian Dollar recovers ground as the Greenback snaps recent gains.
Australia’s Judo Bank…
Gold Prices, Nasdaq 100 Rejected at Resistance, USD/JPY Flies Ahead of Powell
FORECAST – GOLD PRICES, NASDAQ 100, USD/JPYGold prices and the Nasdaq 100 slide after failing to clear technical resistanceFed Chair Powell’s speech on Friday will steal the limelight and could be a source of market volatilityThis article…
Hammer – price action pattern – Analytics & Forecasts – 1 December 2023
The Hammer The hammer price action pattern is a bullish signal that signifies a higher probability of the market moving higher than lower and is used primarily in up-trending markets. Here is an example of what a hammer candle…
EUR/USD slips back to 1.0880 as inflation prints miss the mark
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The EUR/USD comes under pressure as markets turn back towards the US Dollar.
Inflation readings are…
Our data shows traders are now net-long USD/CAD for the first time since Sep 29, 2023 when USD/CAD…
Number of traders net-short has decreased by 19.21% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUSD/CADBEARISH51.44%48.56%5.67% Daily46.95% Weekly-10.42% Daily-19.21% Weekly-2.80%…
Japanese Yen Returns Some Gains After Adachi Comments Suggest No BOJ Shift
Japanese Yen (USD/JPY) Analysis and ChartsUSD/JPY ticks up as November bows outA BoJ official has cast doubt on any near-term monetary alterationThe USD, meanwhile, has been boosted by stronger US growth dataThe Japanese Yen slipped a…
Fundamental Analysis in Forex Trading – Trading Strategies – 30 November 2023
AVATAR TRADING HOUES In the intricate world of forex trading, understanding the fundamental underpinnings of currency markets is essential. Fundamental analysis delves into the economic, political, and social factors that…
Trend Channel MT4 Indicator – ForexMT4Indicators.com
In the fast-paced world of financial markets, having a competitive edge is paramount. Traders, both novice and experienced, are constantly on the lookout for tools and strategies that can help them make informed decisions and maximize…
Daily Forex News and Watchlist: USD/CAD
USD/CAD is locked inside a tight range ahead of today’s Canadian GDP and U.S. core PCE releases!
Is the pair in for a breakout? Or will USD/CAD traders take advantage of the pair’s support and resistance zones?
Before moving on, ICYMI,…
XAG/SUD consolidates in a range around $25.00, below multi-month peak
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Silver oscillates in a range for the second successive day on Thursday.
A slightly overbought RSI…