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Extreme Bearish Positioning Could Spur Face-Ripping Short Squeeze
S&P 500 FORECAST:Speculators are overly negative on the S&P 500 in the futures markets according to CFTC dataExtreme bearish positioning can sometimes lead to powerful and face-ripping ralliesLooking at price action, the S&P…
SIGNAL TRADING REPORT FOR 15.05.2023 – Trading Ideas – 15 May 2023
WELCOME to my signal report! This is a report of previous trading days. You can see how effective the signal works. Signal Statistics for 15.05.2023 Signal: >>> Link<<< Expert Advisor used in the…
Previewing Australia’s Labor Market April 2023 Data
Will this week’s Australian jobs numbers support another rate hike for the Reserve Bank of Australia (RBA)?
Here are major points you need to know if you’re planning on trading Australia’s labor market report this week:
Event in Focus:…
Stumbles as the CHF gains strength and forms bearish-harami
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Swiss Producer and Import Prices for April remain stable at 0.2% MoM, with a 90% chance of a 25 bps…
US Dollar Withers Despite Last Week Bullish Breakout. Are Bears About to Pounce?
US DOLLAR FORECAST:U.S. dollar begins the week on the back foot, undermined by concerns over the U.S. debt limit impasse and disappointing economic dataThe U.S. retail sales and industrial production reports from April should be watched…
How to build a Renko chart. Renko chart examples. – Analytics & Forecasts – 15 May…
A type of chart, developed by the Japanese, that is only concerned with price movement; time and volume are not included. It is thought to be named for the Japanese word for bricks, "renga". A renko chart is constructed by…
3 Forex Trading Myths Busted
Whether you’re a seasoned forex trader or just a newbie, I’m sure that by now you’ve already come across a few generalizations about trading.
But be warned! Some may have some truth to them but these three are nothing but myths.
Here are…
Expect debt ceiling talks to injure sentiment this week
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Debt ceiling talks should get underway this week.
Yellen to hold meeting with Bank Policy…
Our data shows traders are now net-long AUD/JPY for the first time since Apr 13, 2023 when AUD/JPY…
Number of traders net-short has decreased by 8.85% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIAUD/JPYBEARISH50.42%49.58%8.54% Daily28.99% Weekly-7.41% Daily-8.85% Weekly0.00% Daily6.97%…
EURUSD Grinds Higher Despite Industrial Production Slump
EUR/USD PRICE, CHATS AND ANALYSIS:
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Get Your Free EUR Forecast
READ MORE: BRITISH POUND (GBP) WEEKLY FORECAST: GBP Bulls Eye Fresh Catalyst with UK Employment DataEUR/USD FUNDAMENTAL…