Uncategorized

Heads up, euro traders! The ECB decision is coming up soon and another hike is eyed. Can this allow EUR/CHF to resume its climb? Before moving on, ICYMI, yesterday’s watchlist looked at AUD/NZD’s bearish channel resistance ahead of…

Share: Considering advanced prints from CME Group for crude oil futures markets, open interest resumed the…

Number of traders net-short has decreased by 49.90% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIEUR/JPYBEARISH53.11%46.89%74.70% Daily34.26% Weekly-36.32% Daily-49.90% Weekly-3.87%…

Swiss Franc, USD/CHF, Credit Suisse, SNB, ECB, RBA, NZD/USD - Talking PointsThe Swiss Franc steadied today after the Swiss National Bank stepped inMarkets are left guessing where the blowtorch will next be appliedIf risk aversion takes…

Feel like trading the euro but can’t decide whether you want to trade a major EUR pair or a currency cross? Don’t worry, I gotchu! EUR/USD is sitting on a range resistance while EUR/AUD looks set to extend a trend: EUR/USD 4-hour Forex…

Share: USD/CAD fades bounce off three-week-old support line, grinds lower of late. Receding bullish bias…

Dow Jones, S&P 500, Retail Trader Positioning, Technical Analysis – IGCS Equities UpdateDow Jones and S&P 500 remain vulnerable to elevated volatilityRetail traders have increased their upside exposure in recent daysFrom a…

Australian Dollar, AUD/USD, US Dollar, Unemployment, NZD/USD – Talking PointsThe Australian Dollar skipped a beat on robust jobs figuresThe US Dollar still dominates AUD/USD proceedings for nowThe RBA’s dovish tilt might be warranted by…

Following the bank’s disclosure that its financial reporting procedures for 2022 and 2021 contained “significant deficiencies,” shares of Credit Suisse dropped sharply early on Tuesday, setting a new record low for the troubled bank.…

Share: The Employment data for Australia has been released by the Australian Bureau of Statistics as…