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Breadth Indicators Point to Further Rise in the Indices
S&P 500, Euro Stoxx 50, UK FTSE 100 - Price Outlook:94% of the members in the S&P 500 index are above their respective 10-DMAs.98% of the members in the Euro Stoxx 50 index are above their respective 10-DMAs.91% of the members in…
UK Growth Revised Higher, GBP/USD Nears A Multi-Week High
GBP/USD - Prices, Charts, and AnalysisUK GDP data beat estimates.Cable continues to move higher.US core PCE later in the session may impact cable.
Recommended by Nick Cawley
Traits of Successful Traders
The…
#EURJPY: Detailed Structure Analysis – Analytics & Forecasts – 30 March 2023
#EURJPY: Detailed Structure Analysis Here are my latest structure analysis for ⚠️EURJPY. Support 1: 138.80 - 139.25 area Support 2: 137.38 - 138.18 area Resistance 1: 143.19 - 143.6 area Resistance 2: 145.00 -…
Chart Art: Nearby Resistance Levels on GBP/USD and AUD/JPY
I’m seeing opportunities to short GBP/USD at the top of its range and to catch a bearish pullback on AUD/JPY.
Take a look at these resistance levels I’m watching.
GBP/USD 4-hour Forex Chart by TradingView
Check out Cable closing in on…
Approaches two-year low at $2.10 despite a less-than-expected drawdown
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Natural Gas is oscillating near its fresh two-year low at $2.09 amid a weak demand outlook.
The US…
Natural Gas Price Action: Due for a Rebound?
Natural Gas, NG - Price Outlook:Positive divergence and stretched sentiment suggest the slide in natural gas is losing steam.Possibility of a minor rebound in natural gas.What are the signposts to watch?
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Australian Dollar Looks Past China PMI Data, Focus is Now on Key Fed Inflation Gauge
Australian Dollar, AUD/USD, China PMI, PCE – Market Alert:Australian Dollar gives up gains on upbeat China PMI dataThe focus now shifts to the Fed’s preferred inflation readingNear-term rising trendline continues shaping AUD/USD path…
BITCOIN (#BTCUSD): Waiting For The Next Move ₿ – Analytics & Forecasts – 30 March…
BITCOIN (#BTCUSD): Waiting For The Next Move ₿ ⚠️Bitcoin is consolidating after a sharp bullish rally. The price is coiling within a horizontal trading range on a daily. Depending on the reaction of the price to its…
USD/JPY bulls take control into the 133s
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USD/JPY bulls are in control on the front side of the trend.
Bulls eye the 133.78s while a 38.2%…
US Dollar Continues Diverging from the Fundamentals, Will PCE Data Realign Traders?
Haven-linked US Dollar declines as Wall Street continues higherTraders seem to be ignoring clearly not-dovish Fed commentaryStill, Bear Flag remains key technical downside setup on the daily
Recommended by Daniel…