Share: EUR/JPY dropped near 158.00, still trading in cycle highs. After two consecutive weeks of gains, the cross will close a weekly decline of 0.30%. The Japanese National CPI from July came in higher than expected. On Friday, the JPY traded strongly against most of its rivals, making the EUR/JPY cross retreat to
Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast It was another down day in Wall Street, as statements from the Federal Open Market Committee (FOMC) minutes did not reflect the level of unity among policymakers to pause rates as what was initially expected. Particularly, the key takeaway that “most participants continued
STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation to trade or open an account with any US-based brokerage or trading firm By selecting the box below, you are confirming that you are not a resident of the United
Number of traders net-short has increased by 17.63% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI GBP/USD BULLISH 48.97% 51.03% -6.31% Daily -4.39% Weekly 8.71% Daily 17.63% Weekly 0.79% Daily 5.71% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
Number of traders net-short has decreased by 34.52% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI France 40 BEARISH 50.18% 49.82% 21.14% Daily 95.56% Weekly -12.33% Daily -34.52% Weekly 1.78% Daily -1.72% Weekly of clients are net long. of clients are net short. Change in Longs
Oil (Brent Crude, WTI) Analysis EIA crude oil inventories dropped more than expected last week WTI pullback extends – Deteriorating Chinese data, strong USD worsens oil outlook Brent crude oil drops – $82 mark and 200 SMA remain key levels to the downside The analysis in this article makes use of chart patterns and key
STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation to trade or open an account with any US-based brokerage or trading firm By selecting the box below, you are confirming that you are not a resident of the United
Number of traders net-short has decreased by 9.61% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Germany 40 BEARISH 50.10% 49.90% 50.19% Daily 11.66% Weekly -23.23% Daily -9.61% Weekly 1.67% Daily -0.07% Weekly of clients are net long. of clients are net short. Change in Longs
Investors are waiting for the publication today (at 12:30 GMT) of new US macro data, this time on export/import prices and retail sales. It is the main leading indicator of consumer spending, which accounts for most of the total economic activity of the population, while domestic trade accounts for the largest part of GDP growth.
Share: NZD/USD trades with losses below 0.6000, its lowest in nine months. China reported weak Retail Sales and Industrial Production data from July. American Retail Sales from the US were higher than expected. In Tuesday’s session, the NZD/USD traded lower, mainly driven by China’s fragile economic situation. On the other hand, the USD, despite
