AUD/USD May Fall After Support Breakout, Retail Bullish Bets

Australian Dollar, AUD/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Australian Dollar on course for worst week since mid-June Retail traders continue to build increasingly bullish exposure AUD/USD breaks under key support, more pain to come? Recommended by Daniel Dubrovsky Get Your Free AUD Forecast The Australian Dollar is on course to drop about

Trading the Breakout Strategy – Trading Systems – 2 October 2023

A very popular approach in our trading community is to combine different FX power analyses. This allows you to determine the trends of individual currencies and when to enter them best. For this strategy, we use our next-generation FX Power NG, which is available for MT4 👉 FX Power MT4 NG and MT5 👉 FX Power MT5 NG

USD/JPY Pauses after Breakout as FX Intervention Risks Grow

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

Support Resistance Breakout Arrows MT5 Indicator

If you’re an avid trader in the dynamic world of Forex, you understand the pivotal role that technical indicators play in enhancing your decision-making process. One such remarkable tool that has gained immense popularity is the Support Resistance Breakout Arrows MT5 Indicator. In this article, we’ll delve into what this indicator is, how it works,

BoJ’s Dovishness Puts USD/JPY Channel Breakout in Play

USD/JPY FORECAST: Monetary policy divergences between the Federal Reserve and the Bank of Japan will continue to weigh on the outlook for the Japanese yen The U.S. dollar retains a constructive profile for now This article looks at USD/JPY key levels to watch in the coming days Trade Smarter – Sign up for the DailyFX

Australian Dollar Ponders Path Ahead After RBA Minutes. Will AUD/USD Breakout?

Australian Dollar, AUD/USD, US Dollar, RBA, Fed, CPI, China, Lowe, Bullock – Talking Points The Australian Dollar has steadied going into Tuesday’s session RBA meeting minutes confirm most of what was already known RBA and Fed policy face similar futures. Who will blink first? Recommended by Daniel McCarthy Trading Forex News: The Strategy The Australian

XAU/USD Flirts Breakout as Retail Traders Turn More Bearish

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices have climbed for another day Retail traders starting to turn more bearish Will XAU/USD confirm trendline breakout? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices have rallied for a couple of trading sessions and retail traders have responded by increasing their

Gold Price on Meltdown Alert as USD Eyes Breakout Before Fed, XAU/USD Levels

GOLD PRICE FORECAST Gold prices lack directional conviction as the U.S. dollar charges toward multi-month highs. Precious metals retain a somewhat bearish outlook from a fundamental standpoint. This article looks at XAU/USD’s key technical levels to watch in the coming days. Most Read: US Dollar Setups: USD/CAD, USD/JPY, and AUD/USD; Major Tech Levels Identified Gold

USD/JPY on Breakout Quest as GBP/JPY Fends Off Support Test

Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter USD/JPY TECHNICAL ANALYSIS USD/JPY advanced last week to its highest level since November 2022, but pulled back after a failed attempt to clear channel resistance, which coincided with comments from Bank of Japan

AUD/USD Momentum Fading, AUD/JPY Triangle Breakout Next?

Australian Dollar, AUD/USD, AUD/JPY, Symmetrical Triangle – Technical Update: Recommended by Daniel Dubrovsky Get Your Free AUD Forecast The Australian Dollar is hovering just above key support against the US Dollar, which is the 78.6% Fibonacci retracement level at 0.6382. Meanwhile, as prices struggled to break lower, positive RSI divergence emerged, showing that downside momentum