FTSE 100 IG Client Sentiment: Our data shows traders are now at their least net-long FTSE 100 since Apr 11 when FTSE 100 traded near 7,595.20.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
Big Mistake Leads Technical Trader to Top Three Tools
Developing your strategy comes at a cost –often a lot of time, money and frustration. […]
US Dollar Slides Ahead of Fed Chair Comments While Equities Weigh Growth Prospects
The US Dollar is on the back foot again ahead of commentary from the Federal […]
Hang Seng Index Technical Outlook: Upside Could Be Limited
The upward momentum in the Hang Seng Index (HIS) appears to be fading suggesting that […]
S&P 500 Faces Its First Serious Range Break Threat with Fed’s Powell Remarks
Event risk has started pick up this past session with US consumer confidence, Germany CPI […]
Canadian Dollar Dented by GDP Data, But USD/CAD Near-Term Downtrend Holds
The Canadian Dollar fell as a GDP slowdown cooled BoC rate hike bets. Still, USD/CAD’s […]
USDJPY Outlook Particularly Prone to Fed Messaging
The world’s largest central bank is going to absorb key event risk and is up […]
Psychological Levels & Round Numbers in Forex Trading
Key levels in forex tend to draw attention to traders in the market. Learn more […]
Australian Dollar Technical Outlook: AUD/USD Rally Pauses
The Australian Dollar’s rally against the US dollar may have stalled recently but it doesn’t […]
Euro Fights Back Against a Tumultuous US Dollar Caught Between Risk and a Hawkish Fed
The Euro clawed back some gains after the US Dollar ascendency was questioned despite the […]
Chinese Yuan Technical Outlook: USD/CNH Upside Capped?
USD/CNH’s rise above immediate resistance last week may have reduced imminent downside risks but it […]
EURUSD Reverses from 1.0500 Again as Fed and ECB Will Both Escalate Signaling
A new week has begun and liquidity has been restored. While Monday had a few […]