00 GMT when AUD/USD traded near 0.78.
Number of traders net-short has decreased by 16.31% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI AUD/USD BEARISH 50.55% 49.45% 13.72%… Read more »
Category: Technical Analysis
EUR/USD: Sideways Or Move Lower Likely
The forex market on the daily chart is breaking below a 3-week triangle. However, it is just above the bottom of a 2-month trading range. The bears need consecutive closes… Read more »
Chart Of The Day: Is The Dollar Finally Bottoming?
Except for corrective rallies, we have been consistently bearish on the for about half a year. However, we’ve been wondering whether the dollar is consolidating, and possibly reaching a bottom…. Read more »
US major indices open lower (and move even lower)
Lower start for the major indices but some meme stocks still outperform The US major indices are opening lower with declines led by the NASDAQ index which is trading down around… Read more »
EUR/NZD: Reversal Trade | Investing.com
Bullish is currently at 1.6854 in a range and a channel. If we can break this resistance, we are looking for a move to the ATR Target at 1.6915 area…. Read more »
US Dollar Technical Outlook Turning Positive: USD Charts to Watch
USD Technical Outlook US Dollar working on turning the corner The US Dollar Index (DXY) is in the process of turning higher, representing what may potentially amount to a broad… Read more »
Quick analysis USDJPY 15MIN
Quick analysis USDJPY 15MIN U.S. Dollar/Japanese Yen FX:USDJPY abdihossein72 If the resistance level is not broken, we can expect the upward trend line to break. Read more here
Fed Is Unlikely To Surprise The Market
The rose to a high of 1.3750 against the U.S. dollar and analysts predict that sterling will continue to outperform against other peers. One of the reasons for the pound’s… Read more »
Why is Gamestop up 2,000% so far this year?
January 27, 2021 10:00 Shares in Gamestop are now up more than 2,000% this year. And yes – you are reading that correctly. In what has been dubbed one of… Read more »
EUR/USD creeps lower on ECB comments on the euro
EUR/USD falls to a session low of 1.2120 from around 1.2135-40 earlier For bank trade ideas, check out eFX Plus The nudge lower comes after ECB policymaker Knot’s remarks earlier… Read more »