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 […]
EURUSD: Double Failure at 200DMA and Overbought Conditions Warn of Pullback
The Euro is trading within a narrow range in early Thursday’s and still constructive, but […]
Two Trades to Watch: GBP/USD, EUR/USD
GBP/USD rises ahead of the Chancellor’s Budget GBP/USD holds over 1.19 as attention turns to […]
DAX 40 Index Technical Outlook: Roadblock Ahead, For Now
The sharp 20% gains since October suggest that the medium-term bullish fortunes of the German […]
Aussie Dips Despite Solid Job Data, Markets in Consolidations
The forex markets are still engaging in corrective trading in Asian session today. Despite stronger […]
US initial jobless claims dropped to 222k
US initial jobless claims dropped -4k to 222k in the week ending November 12, above […]