WTI Oil Futures Retreat Below 50-day SMA
WTI oil futures (January delivery) have been stuck in a downtrend since mid-June when the price failed […]
ETHUSD Rangebound after Decline Pauses
ETHUSD (Ethereum) has experienced a sharp decline in the short term, with the price hitting […]
Stocks Fall as Investors Re-assess the Fed’s Outlook for Hikes
US futures Dow futures -1.13% at 33178 S&P futures -1.3% at 3909 Nasdaq futures -1.46% […]
Stalled Rebound
The risk rebound in the markets has stalled and equity markets are down around 1% […]
USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Jan 14 when USD/CHF traded near 0.91.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar is showing tendencies of a turn and hawkish Fed-speak is having a […]
Yen Dips ahead of Key Inflation Data
The Japanese yen continues to flirt with the 140 level. In the European session, USD/JPY […]
Aussie Slides Despite Strong Job Data
The Australian dollar is considerably lower on Thursday. In the European session, AUD/USD is trading […]
Dollar Index Looks for Fresh Direction Signals to Exit Near-Term Sideways Mode
Bears are pausing for the second day after being accelerated by lower than expected inflation […]
The Importance of Liquidity in Forex Trading
The FX market offers more liquidity than other markets, offering traders a unique advantage.
Eurozone CPI finalized at 10.6% yoy in Oct, core CPI at 5.0% yoy
Eurozone CPI was finalized at 10.6% yoy in October, up from September’s 9.9% yoy. CPI […]
US initial jobless claims dropped to 222k
US initial jobless claims dropped -4k to 222k in the week ending November 12, above […]