USD/JPY OUTLOOK: USD/JPY halts its advance near 11-month highs after breaching channel resistance earlier in the week. Despite some market hesitation, the U.S. dollar maintains a bullish outlook. Absent FX intervention by the Japanese government, the pair may soon break above the 150.00 level and head higher. This article looks at key USD/JPY’s technical levels
Tesla is a good company, but how we trade it well? There still big pull back sometimes, how we can trade it well? Check the indicators in this chart, there’re 4 big turnning points in these few months , Tesla stock’s two big peaks and two bottoms were predicted. We will keep updating blogs when
© Reuters. FILE PHOTO: A man counts Pakistani rupee notes at a currency exchange shop in Peshawar, Pakistan September 12, 2023. REUTERS/Fayaz Aziz/File Photo By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan’s rupee has gained 6.1% against the dollar so far in September, following an official clampdown on illegal foreign exchange trade in grey and
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
In the world of online trading, having the right tools at your disposal can make all the difference between success and failure. One such tool that has been gaining popularity among traders is the Auto Fibo MT5 Indicator. In this article, we will explore what this indicator is, how it works, and why it is
GOLD OUTLOOK & ANALYSIS Hawkish Fed speak and resilient US jobs market keep gold upside limited. Fed speakers in focus later today. Threatening signs as triangle breakout coupled & death cross develops. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Gold prices have dropped to levels last seen in March as
Major stock market indices in the Asia-Pacific region are mostly trading lower on Thursday in anticipation of the latest information regarding Japan’s inflation, unemployment rate, and industrial production. Meanwhile, two Hong Kong-listed branches of Evergrande Group halted trading without further explanation, reinforcing instability in China’s real estate sector. New Zealand After declining in the previous
To kickstart your trading day in the Forex on September 27, 2023, I take a look at the EURUSD, USDJPY, and GBPUSD from a technical perspective: EURUSD: The EURUSD yesterday and today tested the low swing area (between 1.04846 and 1.05335) and found willing buyers each time. The price did move above the high of
Number of traders net-short has decreased by 35.23% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI FTSE 100 BEARISH 51.27% 48.73% 25.94% Daily 51.88% Weekly -21.61% Daily -35.23% Weekly -2.79% Daily -8.25% Weekly of clients are net long. of clients are net short. Change in Longs
CRUDE OIL ANALYSIS AND TALKING POINTS US crude hit its highest point for over a month Supply is on market minds as production cuts look set to continue Inventory levels also weigh on traders’ minds Recommended by David Cottle Get Your Free Oil Forecast Crude oil benchmark prices hit their highest points in more than
