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XAU/USD Stumbles as Risk-on Sentiment Returns
Gold (XAU/USD) price outlook:Gold prices turn cautious amid easing fears of banking contagionXAU/USD Threatens support at the February 2023 highUS Dollar gains, dragging safe-havens lower
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How Can You Recover From Revenge Trading?
Experiencing losses is as much part of forex trading as winning trades. Unfortunately, a lot of traders take losses personally and they end up reacting to their losses by taking revenge trades.
Revenge trading is mainly driven by the…
Athleisure does it again as earnings blowout sends LULU up 17%
Share:
Lululemon Athletica clobbered its earnings forecast.
LULU stock rises 16.8% in premarket to $374.…
British Pound Price Setup: GBP/USD, EUR/GBP, GBP/JPY
GBP/USD, BRITISH POUND, EUR/GBP, GBP/JPY - Outlook:GBP/USD has rebounded from fairly strong support.GBP could strengthen Vs EUR and JPY.What are the signpost to watch?
Recommended by Manish Jaradi
How to Trade…
USD/JPY Moves Higher as the Japanese Yen Sheds its Risk Premium
Japanese Yen (USD/JPY) Price and Chart AnalysisUSD/JPY moves higher as banking fears calm.New BoJ deputy governor mulls yield curve control tweaks.
Recommended by Nick Cawley
How to Trade USD/JPY
For all…
Daily Forex News and Watchlist: USD/JPY
USD/JPY took its cues from U.S. Treasury yields and extended its intraweek gains yesterday.
Is the short-term downtrend over for the pair?
Before moving on, ICYMI, yesterday’s watchlist checked a trend pullback setup on GBP/AUD ahead of…
XAU/USD pulls back as probabilities of Fed pivot fall
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Gold price rally stopped dead in $1,970s, precious metal retreats back into familiar range.
Traders…
Our data shows traders are now net-short AUD/JPY for the first time since Mar 09, 2023 when AUD/JPY…
Number of traders net-short has increased by 30.41% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIAUD/JPYBULLISH49.34%50.66%-8.29% Daily-12.96% Weekly20.62% Daily30.41% Weekly4.38%…
WTI and Brent Rally Faces Technical Headwinds
WTI PRICE, CHARTS AND ANALYSIS:US Inventories Decline Based on API Data, Production Continues to Rise.Supply Concerns Remain Amid Russia and NATO Tension.WTI Rally Faces a Host of Technical Hurdles for the Rally to Continue While a…
YMA Moving Average Crossover Forex Trading Strategy for MT5
Moving average crossover trading strategies are some of the most basic types of trend reversal trading strategy that traders use. In fact, most new traders often start with this basic trading strategy. Although!-->!-->…