USDJPY Tiptoes Higher Within Caution Area
USDJPY has tiptoed higher following the collapse to a four-month low of 130.55 last Tuesday, […]
The Euro: An Uncertain Path
Back in October, the Euro fell below parity with the US dollar. Since then, it […]
Gold Consolidates Around 1,800 as Recovery Fades
Gold had been trading within a descending channel for the most part of 2022 but has managed to […]
EURUSD Range Bound During Post-Christmas Session
EURUSD kept fighting the tough 1.0658 nearby resistance during the post-Christmas trading session, which has […]
EUR/USD: Recovery to Face Strong Headwinds at Strong1.0740 Resistance Zone
The Euro remains at the front foot in and continues a gradual extension higher after […]
XAG/USD: We Expect the Bullish Trend to Continue
XAGUSD suggests the development of the corrective wave b, which is part of the global […]
DAX 40 Under Pressure
The Dax 40 steadied as US PCE and durable goods showed a slowdown in November. […]
AUD/USD Bounces off Key Floor
The Australian dollar recovers over a rebound in risk appetite. Stiff selling at September’s high […]
USD/CAD Seeks Support
The Canadian dollar edged higher after its economy grew by 0.1% in October. The US […]
Slow Week
It has been quite a quiet start to the week with many major markets still […]
USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Dec 04, 2022 when USD/CAD traded near 1.34.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
EUR/USD IG Client Sentiment: Our data shows traders are now at their least net-long EUR/USD since Dec 15 when EUR/USD traded near 1.06.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]