Global developments, which were a product of the global trade war, have raised doubts about the economic outlook and have strongly contributed to the adjustment of US Federal Reserve monetary… Read more »
NORDIC FX, NOK, SEK WEEKLY OUTLOOK USDNOK approaching critical 15-month rising support after break below USDSEK is resuming the dominant uptrend as bullish momentum recovers NOKSEK’s Symmetrical Triangle pattern suggests… Read more »
USDJPY Technical Analysis June 9/2019 USDJPY 15 Minute Chart June 8/2019: A bearish view can be seen on the 15 minute chart. In the chart below, price has broken below the… Read more »
Narrow range of 66 pips this week The USDJPY continues listless trading with the pair mired in a narrow 66 pip trading range this week. The pair did extend to… Read more »
In the London forex session it was the currency heatmap which took centre stage as we considered two currency pairs which are now at the extremes on the ranking ladder,… Read more »
AUDCAD Technical Analysis May 24/2019 AUDCAD remains bearish as long as the April 17/2019 high remains untouched. On the 4 hour chart there is a clear visible bearish pattern that… Read more »
Moves to highest level since January 21, 2019 The official resignation of PM May has not swayed the EURGBP too much. The pairs is up on the day. If the… Read more »
Why and how do we use IG Client Sentiment in trading? See our guide and real-time data. EURUSD: Retail trader data shows 57.8% of traders are net-long with the ratio… Read more »
What we do know is the ceiling stalled the rally, and the bullish control weakened Earlier, I outlined the EURUSD test of a swing area at 1.12617-641 area. That area… Read more »
AUDUSD tests midpoint of the day’s trading range The AUDUSD traders in the home country, will be coming back from the long Easter weekend with the price below the 100… Read more »