Uncategorized

USD/JPY FORECAST:USD/JPY maintains a constructive outlook in the near termRate differentials between the United States and Japan will continue to be supportive of the U.S. dollarThis article looks at key technical levels worth watching in…

EUR/USD is correcting higher from the 1.0520 zone. USD/JPY is also rising and might rally further above the 137.00 resistance. Important Takeaways for EUR/USD and USD/JPY · The Euro started an upside correction above the 1.0550…

The Australian dollar suffered from slower RBA tightening expectations but China’s better-than-expected business activity reports turned things around for AUD and other risk assets. Before moving on, ICYMI, yesterday’s watchlist watched…

Share: AUD/USD rallies towards trendline resistance. Bears could be lurking in the 0.68s as W-formation is…

Number of traders net-short has increased by 26.34% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OINZD/USDBULLISH49.90%50.10%-26.50% Daily-18.87% Weekly19.35% Daily26.34% Weekly-8.98%…

ISM MANUFACTURING KEY POINTS:Manufacturing PMI rebounds modestly in February, rising to 47.7 versus 48.00 expectedDespite the directional improvement, the goods producing sector of the economy remains in contractionary territoryThe U.S.…

On March 1 of this year, broker company NordFX launched another Mega Super Lottery for its clients. The lottery will run until the end of 2023 and will offer a variety of cash prizes ranging from $250 to $5000, with a total…

Often times, what separates good traders from great traders is that great traders know how to pick their battles. Great traders know that any market could present trading opportunities that could potentially give…

Having second thoughts about a trade strategy isn’t always a bad thing. In fact, rethinking can actually be more beneficial for your trading and here’s why. As in other areas outside of trading, the act of questioning our convictions can…

Share: AMC reported an earnings beat late Tuesday. Both adjusted EPS and revenue fell YoY. AMC stock…