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EUR/USD rises above 1.0900 on growing speculation for a Fed pause
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US JOLTs reports revealing a drop of 32,000 job openings, increasing assumptions that the labor…
US Dollar Breaks Below Key Fib Support as Yields Sink, DXY at Risk of More Losses
US DOLLAR OUTLOOK:The U.S. dollar index breaks below major Fibonacci support amid falling bond ratesTreasury yields sink as weaker-than-expected economic data prompt traders to discount a more dovish monetary policy outlookIn the current…
Dollar Index (#DXY): Waiting For Breakout 💵 – Analytics & Forecasts – 4 April 2023
Dollar Index (#DXY): Waiting For Breakout 💵 Dollar Index is trading in a minor bearish trend on a daily. The market is steadily falling within a falling parallel channel. The Index is currently approaching a solid…
Daily Forex News and Watchlist: AUD/JPY
RBA’s decision weighed on the Aussie earlier today!
Should you use the opportunity to jump on AUD/JPY’s uptrend?
Before moving on, ICYMI, yesterday’s watchlist checked out a trend pullback opportunity for AUD/CAD ahead of RBA’s policy…
AMC loses 24%, APE gains 18% following conversion settlement
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Court settlement means APE will convert to AMC stock.
AMC shareholders receive 1 share dividend for…
Retail Traders Boost Downside Exposure on Wall Street
Dow Jones, S&P 500, Retail Trader Positioning, Technical Analysis – IGCS Equities UpdateDow Jones and S&P 500 have been rising in recent weeksRetail traders have been increasing net-short Wall Street betsThis hints at further…
Gold Could Test Multi-Month Highs if a Bullish Technical Pattern Plays Out
Gold Price (XAU/USD), Chart, and AnalysisGold eyes a re-test of $2,000/oz.A bullish pennant formation, if held, suggests higher prices.
Recommended by Nick Cawley
How to Trade Gold
Risk market sentiment and…
EURAUD: Bearish Outlook – Analytics & Forecasts – 4 April 2023
EURAUD: Bearish Outlook 🔻EURAUD is trading on a key weekly structure resistance. Once the underlined area was reached, the pair started to trade within a horizontal range for 9 consequent trading days. Its support was…
Keltner Channel Oscillator Mean Reversal Forex Trading Strategy for MT5
Mean reversals are one of the most basic types of trading strategies that traders use to profit from the forex market. However, identifying the peaks and bottoms of a price swing can often be too daunting for new!-->!-->…
Commodities Watchlist: Brent Crude Oil’s (UKOIL) Major Resistance Zone
In case you missed it, OPEC and its major oil-producing friends started the week by announcing surprise production cut plans starting May.
The cuts are expected to take out around 1.16 million barrels per day (bpd) worth of supply on top…