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Natural Gas Prices Struggling at Support as a Falling Wedge Pattern Brews
Natural Gas, Falling Wedge – Technical Update:Natural gas prices struggling to clear key support4-hour chart shows that a Falling Wedge is brewingStill, the broader downside technical bias holds
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EUR/USD Craters on Banking Sector Woes ahead of ECB. Will the Doves Prevail?
EUR/USD OUTLOOK:Euro plunges against the U.S. dollar amid strong demand for defensive currenciesThe banking sector turmoil in the U.S. and Europe weighs on sentiment ahead of the ECB’s interest rate decisionWhile the European Central bank…
NordFX Broker Awarded for Outstanding Performance in Latin America and Asia – Company News…
Over its 15 years in the financial markets, brokerage firm NordFX has accumulated more than 70 professional awards. In March this year, the company added two prestigious accolades from International Business Magazine to its…
Chart Art: Bearish Chart Patterns on GBP/CHF and GBP/AUD
Looking for chart patterns that are just about to play out or one that’s already going for a retest?
I’ve got you covered with these plays on GBP/AUD and GBP/CHF!
Take a look at these reversal and breakdown setups.
GBP/CHF 4-hour Forex…
XAU/USD rips higher on Credit Suisse risk aversion and tumbling US yields
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Gold price firmer on risk-off sentiment due to the Credit Suisse crisis.
Investors question…
Our data shows traders are now net-long GBP/JPY for the first time since Feb 09, 2023 when GBP/JPY…
Number of traders net-short has decreased by 44.68% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIGBP/JPYBEARISH52.94%47.06%27.17% Daily6.36% Weekly-33.12% Daily-44.68% Weekly-10.71%…
Crude Oil Prices Sink to 15-month Low on Rising Supply, Elevated Fear
Crude Oil (WTI) Talking PointsUS Crude oil prices fall to 15-month lows with excess supply driving prices below $70 per barrel.WTI Crude extends losses, shedding 5% in today’s session.Oil supply rises to 18-month high while the weekly EIA…
i-Regression Parabolic Median Break Forex Trading Strategy for MT5
Technical traders have been attempting to incorporate statistics with trading. Afterall, a trading edge based on technical analysis relies on probabilities. However, many attempts to do so often prove to be…
Why You Shouldn’t Take Your Trading Losses Personally
Harry Dinkleburg just lost his beer money on a Cable short. He blames the market, flexes his fingers, and then aggressively shorts all the pound pairs with huge forex position sizes.
He then loses his son’s college fund on the same day,…
Sharp decline opens the door to extra losses near term
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EUR/USD melts down and revisits the area of multi-week lows.
A deeper drop to the 2023 low should…