EURUSD Technical Analysis – Watch this strong resistance

[ad_1] US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. The US CPI yesterday came in line with expectations, so the market’s pricing remained roughly the same. The labour market displayed signs

COMPARING DIFFERENT TECHNICAL OSCILLATORS – Analytics & Forecasts – 14 September 2023

[ad_1] Technical based trading is extremely popular among both novice and professional traders. There are countless technical methodologies that can be implemented in the market. One such method includes the use of technical oscillators, which will be the focus of this article. Technical Trading Oscillators An oscillator is a technical study which traders can use to help

NZDUSD Technical Analysis – Key levels in play

[ad_1] US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. Inflation measures since then showed further disinflation. The labour market displayed signs of softening although it remains fairly solid. Overall, the economic

Reversal Technical Warning Signs Brew, Retail Traders Still Bearish

[ad_1] Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices aiming for 2nd weekly gain Retail traders continue to become bearish But, technical signals offer reversal signs Recommended by Daniel Dubrovsky Get Your Free Oil Forecast WTI crude oil prices are aiming for a second consecutive weekly gain so

Gold Technical Analysis – Watch the US data

[ad_1] The US data has started to miss expectations in the past few weeks which gave Gold a tailwind as it’s sensitive to interest rates expectations. In fact, we saw the market repricing expectations on the more dovish side with no more rate hikes expected and rate cuts starting to be priced as soon as

GBPUSD Technical Analysis – The sellers remain in control

[ad_1] US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. Inflation measures since then showed further disinflation. The labour market displayed signs of softening although it remains fairly tight. Overall, the economic

USDCAD Technical Analysis – The price is at a key support

[ad_1] US: The Fed hiked by 25 bps as expected and kept everything unchanged. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. Inflation expectations and CPI readings continue to show disinflation with the last two Core CPI M/M figures coming in at 0.16%. The US PMIs missed expectations

XAU/USD Faces Key Technical Intersection as Retail Traders Sell

[ad_1] Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices remain higher compared to mid-August Retail traders continued boosting downside exposure Will XAU/USD clear a key technical intersection? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices remain over 3 percent higher compared to the middle of August. Since then, retail

Gold Technical Analysis – Bullish signs keep emerging

[ad_1] The strong US data in the past months and the quick rise in Treasury yields and the US Dollar weighed a lot on Gold, which threatened at some point a complete breakdown. Recently, we started to see a turnaround in the data beginning with the miss in the US PMIs last week and the

EURUSD Technical Analysis – Approaching key levels

[ad_1] US: The Fed hiked by 25 bps as expected and kept everything unchanged. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. The US economic data keeps on surprising to the upside, but inflation expectations and CPI readings continue to show disinflation with the last two Core CPI