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Number of traders net-short has decreased by 34.45% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUSD/CADBEARISH51.65%48.35%13.94% Daily13.25% Weekly-30.71% Daily-34.45% Weekly-13.13%…

ISM MANUFACTURING KEY POINTS:Manufacturing activity edges down to 46.9 in May from 47.1 previously, slightly below expectationsNew orders sink, whereas the employment and production indices offset weakness in other components of the ISM…

The brokerage firm NordFX has summed up the results of its clients' trading transactions for May 2023. The social trading services, CopyTrading and PAMM, as well as the profit earned by the company's IB partners, were also…

This forex pair recently fell through its triangle bottom and is now in the middle of a correction. Can AUD/JPY bounce off this resistance zone? A couple of days ago, we were looking at this potential triangle breakout on AUD/JPY, and it…

Share: Investors in the American stock market remain optimistic by buying American securities. They and big…

British Pound (GBP/USD) AnalysisCable rises on the Fed’s increased probability of a “skip” at the June FOMCMajor risk events this week: NFP, US debt ceiling fears dissipateGBP/USD technical levels to consider for a bullish continuationThe…

Bollinger bands are a volatility indicator, used by traders to identify areas of support and resistance and areas in which an asset might be experiencing increased or decreased volatility. Bollinger bands are calculated from…

AUD/USD broke below its short-term range and is now retesting the former support. Will the area of interest hold when U.S. leading jobs indicators are released? Before moving on, ICYMI, yesterday’s watchlist checked out USD/JPY’s retest…

Share: The index extends the weekly recovery north of 104.00. A Fed’s pause now looks likely in at the…

NZD/USD, EUR/NZD, GBP/NZD - Outlook:NZD/USD is approaching crucial support as hawkish Fed rate expectations scale back.Fatigue in EUR/NZD and GBP/NZD rallies.What are the key levels to watch in key NZD crosses? Recommended by…