GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3266; (P) 1.3429; (R1) 1.3513; More… GBP/USD retreats notably after failing to break through 1.3624 resistance. In...
Trading Strategies
Canadian Dollar Forecast: Loonie Yet to Take Flight – Setups in CAD/JPY, USD/CAD Rates
News flow boosting risk appetite has helped counter year-end repositioning, which was hurting the Canadian Dollar.
EUR/CHF IG Client Sentiment: Our data shows traders are now net-short EUR/CHF for the first time since Dec 18, 2020 when EUR/CHF traded near 1.08.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stro...
GBP/JPY Daily Outlook
Daily Pivots: (S1) 135.23; (P) 138.24; (R1) 141.20; More… GBP/JPY’s break of 140.70 suggests resumption of whole choppy rise from 133.0...
EUR/JPY Daily Outlook
Daily Pivots: (S1) 126.00; (P) 126.31; (R1) 126.70; More…. EUR/JPY is staying in consolidation from 127.01 and intraday bias remains ne...
EUR/GBP Daily Outlook
Daily Pivots: (S1) 0.9012; (P) 0.9118; (R1) 0.9297; More… Intraday bias in EUR/GBP remains neutral first and more consolidative trading...
EUR/AUD Daily Outlook
Daily Pivots: (S1) 1.5997; (P) 1.6043; (R1) 1.6089; More… Intraday bias in EUR/AUD remains neutral first and focus is back on 1.6033 lo...
EUR/CHF Daily Outlook
Daily Pivots: (S1) 1.0811; (P) 1.0842; (R1) 1.0879; More…. EUR/CHF’s breach of 1.0871 resistance suggests rally resumption. Intraday bi...
US Dollar Forecast: Sell the Rumor, Buy the News? Levels for DXY Index
The US Dollar (via the DXY Index) has traded higher, even as US fiscal stimulus is formalized and a government shutdown is avoided.
EUR/USD Daily Outlook
Daily Pivots: (S1) 1.2137; (P) 1.2217; (R1) 1.2272; More…. EUR/USD is staying in consolidation from 1.2272 and intraday bias stays neut...