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Gold and Silver Technical Outlook: Modest Gains in the Cards?

Posted by By 04/11/2022Posted inForex
Gold and silver appear to have found a short-term floor and could be set to rise toward the upper end of their respective ranges. What are the key levels to…
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Oil – US Crude IG Client Sentiment: Our data shows traders are now net-short Oil – US Crude for the first time since Oct 11, 2022 when Oil – US Crude traded near 87.53.

Posted by By 04/11/2022Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil - US Crude-bullish contrarian trading bias.
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British Pound Forecast – GBP/USD Battling Back After a Week of Heavy Losses

Posted by By 04/11/2022Posted inForex
GBP/USD fell by over 3 big figures on the week as a hawkish Fed and growth warnings from the BoE left cable struggling to find support.
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USD Snaps Back on NFP After Fed-Fueled Rally: EUR/USD, GBP/USD

Posted by By 04/11/2022Posted inForex
The US Dollar has erased the entirety of the gains from the FOMC rate decision after a not terrible NFP report. The focus shifts back to CPI for next week…
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USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Oct 27, 2022 18:00 GMT when USD/CAD traded near 1.36.

Posted by By 04/11/2022Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bearish contrarian trading bias.
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USD/JPY Technical Outlook in Limbo, but Leans Bearish

Posted by By 04/11/2022Posted inForex
USD/JPY continues to teeter outside of a large rising wedge break, with price action contracting in recent sessions; should soon have a resolution.
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Monthly Forex Seasonality – November 2022: Stocks Rally, US Dollar Ranges, Gold Falls

Posted by By 04/11/2022Posted inForex
The eleventh month of the year typically sees a more neutral environment for the US Dollar.
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October Jobs Report: Economy Adds 261,000 Payrolls. Where Next for the US Dollar?

Posted by By 04/11/2022Posted inForex
The U.S. economy added 261,000 jobs in October, topping expectations calling for a gain of 200,000 payrolls, a sign that the labor market remains extraordinarily resilient.
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How to Trade Forex News: An Introduction

Posted by By 04/11/2022Posted inForex
Find out the essentials of trading the news with this introductory guide to forex news trading
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EUR/USD Sliding Into Support as the US Jobs Report (NFP) Looms Large

Posted by By 04/11/2022Posted inForex
Further signs of weakness in the Eurozone’s largest economy and a robust US dollar leave EUR/USD looking at further weakness ahead of US NFPs.
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