Buyers remain hopeful around mid-0.8800s
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EUR/GBP fades bounce off monthly support, grinds near intraday high of late.
Sustained trading…
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EURGBP
Our data shows traders are now net-long EUR/GBP for the first time since Jan 30, 2023 when EUR/GBP…
Number of traders net-short has decreased by 28.55% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIEUR/GBPBEARISH50.68%49.32%6.51% Daily84.23% Weekly-19.27% Daily-28.55% Weekly-7.98%…
EUR/USD, EUR/GBP May Fall as Retail Traders Boost Long Bets
Euro, EUR/USD, EUR/GBP, Technical Analysis, Retail Trader Positioning – IGCS UpdateThe Euro has been aiming lower so far this weekRetail traders boosted EUR/USD, EUR/GBP long betsIs this a sign that further pain might be in store?…
Chart Art: Bullish Trends on NZD/USD and EUR/GBP
Is the trend still our friend on these pairs?
Or are we about to see the bend at the end for either NZD/USD or EUR/GBP?
Check out these support zones that are being tested:
EUR/GBP 4-hour Forex Chart by TradingView
Let’s start off…
Our data shows traders are now net-long EUR/GBP for the first time since Dec 15, 2022 when EUR/GBP…
Number of traders net-short has decreased by 27.79% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIEUR/GBPBEARISH50.07%49.93%26.15% Daily42.23% Weekly-30.33% Daily-27.79% Weekly-10.20%…