Category: Technical Analysis
Traders continue to remain net-short
US 500: Numbers of Traders Net-Short Increases by 27% From Last Week US 500: Retail trader data shows 25.8% of traders are net-long with the ratio of traders short to… Read more »
EURUSD snaps back. Tests 100 hour MA
100 hour MA at 1.10853 The EURUSD fell to test the lows of the day in the first minute after the Powell headlines (low reached 1.1051), but has bounced back… Read more »
GBP/USD: Short Positions Are Still Preferred
Statements by German Chancellor Angela Merkel that the EU and the UK could come to an agreement on Brexit by Oct. 31 have caused the to strengthen and the GBP… Read more »
Watch for Battle at Resistance to Resolve Lower
Crude Oil Technical Highlights: WTI crude oil contract trading confluence of resistance Brent postured more precariously than its U.S. counterpart Check out the intermediate-term fundamental and technical outlook in the… Read more »
Great Moves In The Euro Pairs (Bar EUR/USD) Using Multiple Timeframes
One of the key approaches for all forex traders is to use multiple timeframes which we explain in detail in this session. But not only to the charts, but also… Read more »
XAU/USD Forecast: Let’s Get Ready to Rally
Gold markets initially pulled back a bit during the New York trading session on Thursday but found enough buyers underneath near the $1500 level to turn the market around and… Read more »
WTI Crude Oil Forecast :Expect a Continued Selloff
The West Texas Intermediate crude market initially tried to rally during the New York trading session on Thursday, running into a significant amount of resistance. There is a lot of… Read more »
Gold stays rangebound ahead of Fed focus at Jackson Hole
Gold has been sitting in a relatively narrow range all week ForexLive Topside levels continue to be limited by the key hourly moving averages with the moves overnight failing to… Read more »