US Dollar Technical Analysis: DXY Trying to Turn Bounce into Sustained Rally
The DXY could still be in a corrective phase, but can't rule out a significant shift unfolding back to the upside.
Trading Strategies
AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since Feb 26, 2021 when AUD/USD traded near 0.77.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stro...
Gold Price Forecast: Searching for a Bottom – Levels for XAU/USD
As global bond yields, but US rates in particular, continue to creep higher, gold prices remain beleaguered.
GBP/JPY Daily Outlook
Daily Pivots: (S1) 149.39; (P) 149.88; (R1) 150.39; More… GBP/JPY’s upside momentum is diminishing mildly as seen in 4 hour MACD. But f...
EUR/JPY Daily Outlook
Daily Pivots: (S1) 128.78; (P) 129.18; (R1) 129.51; More…. Intraday bias in EUR/JPY remains neutral for consolidation below 129.96. Wit...
EUR/GBP Daily Outlook
Daily Pivots: (S1) 0.8593; (P) 0.8623; (R1) 0.8642; More… Intraday bias in EUR/GBP remains neutral at this point and some more consolid...
EUR/AUD Daily Outlook
Daily Pivots: (S1) 1.5454; (P) 1.5532; (R1) 1.5585; More… Intraday bias in EUR/AUD remains neutral as range trading continues inside 1....
EUR/CHF Daily Outlook
Daily Pivots: (S1) 1.1057; (P) 1.1092; (R1) 1.1129; More…. Intraday bias in EUR/CHF stays neutral for consolidation below 1.1149. Deepe...
USD Short Squeeze, EUR, JPY Liquidation, AUD Flips Long – COT Report
US Dollar short squeeze in full swing, EUR & JPY longs liquidated, while AUD Flips to net long.
EUR/USD Daily Outlook
Daily Pivots: (S1) 1.1877; (P) 1.1928; (R1) 1.1962; More…. Intraday bias in EUR/USD remains on the downside at this point. Correction f...