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AUD/JPY bears have started to take on the supporting trendlines. The AUD/JPY price imbalance is vulnerable and guards potentially all the way to 91.00 the figure.  The forex space is registering fresh highs and…

Number of traders net-short has decreased by 31.91% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUSD/CHFBEARISH85.94%14.06%13.54% Daily12.45% Weekly-26.15% Daily-31.91% Weekly5.56%…

FTSE 100, DAX 40 Technical Outlook Recommended by Tammy Da Costa Get Your Free Top Trading Opportunities Forecast Dax futures have recently struggled to maintain the bullish momentum responsible driving the…

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No matter what you think about the following statement I’m about to make, it’s true, and you will see why if you finish reading today’s lesson… The rich and successful in this world, including business people, professional athletes, movie…

It’s a bit of a slow start to a busy trading week, but I’m hoping Australia’s PMI readings could spark some action for GBP/AUD. Here’s a simple retracement setup I’m watching. Before moving on, ICYMI, I’ve listed the potential economic…

A higher-than-expected Consumer Price Index (CPI) in Australia could offer a chance to break above 0.7100. The US calendar will feature S&P Global PMIs on Tuesday and GDP on Wednesday. AUD/USD: Failure to gain…

EURUSD, NZDUSD, GBPUSD and USDJPY Talking Points:The Market Perspective: EURUSD Bearish Below 1.0750Reversals that occur within candles – daily, weekly, monthly, etc – can create ‘wicks’ or ‘tails’ that indicate reversals of different…

Nasdaq, S&P 500 Talking Points:The Nasdaq and S&P 500 have both broken out to fresh monthly highs as earnings season heats up this week.Stocks broke out a couple of weeks ago after an abysmal PMI report and that bullish theme has…

Forex traders utilize Fibonacci retracements to aid in identifying possible key levels of support and resistance. These levels are used as guidelines for traders looking to enter or exit the market along with appropriate risk…