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EUR/USD IG Client Sentiment: Our data shows traders are now net-short EUR/USD for the first time since Aug 04, 2021 when EUR/USD traded near 1.18.

Posted by By 27/08/2021Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.
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Swiss Franc Technical Forecast: USD/CHF, GBP/CHF Chart Levels to Watch

Posted by By 27/08/2021Posted inForex
USD/CHF and GBP/CHF present key levels and patterns that may provide actionable moves for Swiss Franc traders.
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AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since Jun 29, 2021 when AUD/USD traded near 0.75.

Posted by By 27/08/2021Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bullish contrarian trading bias.
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US Dollar Broader Uptrend Teeters on Edge: USD/SGD, USD/THB, USD/IDR, USD/PHP

Posted by By 27/08/2021Posted inForex
The US Dollar is losing ground to most ASEAN currencies, with the Singapore Dollar, Thai Baht, Philippine Peso and Indonesian Rupiah making a comeback. Is this USD’s turning point?
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Nasdaq 100 Retreats Ahead of Powell Speech, APAC to Open Lower

Posted by By 27/08/2021Posted inForex
The Nasdaq 100 index pulled back on Thursday after a Fed member made hawkish comments ahead of the Jackson Hole symposium. Powell’s speech will be closely eyed. APAC markets opened…
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Australian Dollar Forecast: AUD/USD Eyes Retail Sales After Geopolitical Shock

Posted by By 26/08/2021Posted inForex
AUD/USD dropped overnight on geopolitical risks after an attack in Kabul left dozens dead. Australian retail sales are on deck for Aussie Dollar traders.
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Bitcoin Reclaims $47,000 as Risk Sentiment Shifts to Kabul Attacks, Ether and Cardano Stall

Posted by By 26/08/2021Posted inForex
Bitcoin reclaims $47,000 as Ether bounces off support. Cardano holds steady above $2.50, at least for now
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Peloton Shares Dip on Weak Results, Dell Technologies Posts Strong Q2 Earnings

Posted by By 26/08/2021Posted inForex
Peloton shares fell as much as 15% in early after-hours trading as the company reported worse than expected earnings and also guided lower for the next fiscal quarter. Markets end…
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Canadian Dollar Technical Analysis: Loonie Charts Deeper Setback – Setups in CAD/JPY, USD/CAD

Posted by By 26/08/2021Posted inForex
While USD/CAD rates have been carving out a potential inverse head and shoulders pattern, CAD/JPY rates appear to be working on a head and shoulders pattern themselves.
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Mexican Peso Outlook: How Will USD/MXN React to the Jackson Hole Summit?

Posted by By 26/08/2021Posted inForex
Fed Chair Powell's speech on Friday at the Jackson Hole Symposium will be key for the broader US dollar and will set the tone for USD/MXN price action for the…
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