AUD/USD or EUR/AUD, Aussie Picture Remains Bearish

[ad_1] Australian Dollar, AUD/USD, AUD/JPY – Near-Term Technical Update: Recommended by Daniel Dubrovsky Get Your Free AUD Forecast In recent days, the Australian Dollar has been aiming higher of late with some mixed progress among major currency pairs. Looking at the daily chart below, AUD/USD has turned cautiously higher have positive RSI divergence persisted. The

Sterling Makes Progress, but Broader Bearish Posture Holds

[ad_1] British Pound, GBP/USD, EUR/GBP – Technical Update: Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound has been making upside progress against the US Dollar and Euro. With regards to GBP/USD, the past 3 trading sessions have produced a gain of about 0.9%. This is marking the best 3-day performance since

Euro 2-Day Rally Sees Retail Bets Become Slightly More Bearish, Will EUR/USD Rise?

[ad_1] Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro experienced best 2 days since the middle of September Recently, retail traders have started to build downside bets While that may be a bullish signal, downtrend remains intact Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro climbed for a second

XAG/USD on Bearish Path After Meltdown Ahead of US NFP

[ad_1] SILVER PRICE OUTLOOK: Silver prices fall modestly despite U.S. dollar softness. Traders remain cautious ahead of key U.S. labor market data. The September NFP report, due out on Friday, will be key for financial markets. Most Read: US Jobs Report Preview – What’s in Store for Nasdaq 100, USD, Yields, and Gold? Silver prices

USD/CAD Rally Seemingly Supported by Bearish Retail Bets

[ad_1] Canadian Dollar, USD/CAD, Technical Analysis, Retail Trader Positioning – IGCS Update Canadian Dollar heading for worst 2-weeks since mid-February Meanwhile, retail traders continue to increase downside exposure USD/CAD achieves key bullish breakout, but momentum fading Recommended by Daniel Dubrovsky Get Your Free USD Forecast The Canadian Dollar is heading towards its worst 2-week period

Will US Job Data Serve to Deepen XAU/USD’s Bearish Trend?

[ad_1] GOLD PRICE OUTLOOK: Gold prices traded slightly higher on Wednesday on U.S. dollar softness ahead of key U.S. economic data. The September U.S. employment report will steal the spotlight on Friday and will be key for financial markets. This article looks at XAU/USD’s key technical levels worth watching in the coming days. Most Read:

NZDUSD Technical Analysis – The bearish bias remains intact

[ad_1] US: The Fed left interest rates unchanged as expected. The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and the Dot Plot showed that the majority of members still expects another rate hike by the end of the year with less rate cuts in 2024. Fed Chair Powell

Australian Dollar May Rise as Retail Traders Become More Bearish AUD/USD

[ad_1] Australian Dollar, AUD/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Australian Dollar cautiously climbing in recent days Retail traders have been slowly boosting bearish bets Is this a sign that AUD/USD may continue higher next? Recommended by Daniel Dubrovsky Get Your Free AUD Forecast The Australian Dollar has been pushing cautiously higher in

Crude Oil Prices Turn Lower, Bearish Engulfing Candlestick Pattern in Focus

[ad_1] Crude Oil, WTI, Bearish Engulfing – Technical Update: Crude oil prices turned lower over the past 24 hours Bearish Engulfing candlestick pattern now in focus Watch rising trendline, RSI divergence on 4-hour Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Daily Chart WTI crude oil prices might be showing early signs of topping