admin – Page 797

GBP/USD IG Client Sentiment: Our data shows traders are now net-short GBP/USD for the first time since Aug 17, 2023 when GBP/USD traded near 1.27.

August 30, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading …

Technical Analysis

EURGBP rotates back down to test its rising 100 hour moving average. Key barometer today

August 30, 2023

The EURGBP – both yesterday and today – moved up to test a swing area between 0.8609 and 0.8611 (see video yesterday HERE). Sellers leaned …

Technical Analysis

US dollar moves lower vs all the major currencies. The greenback is the weakest currency.

August 30, 2023

The USD has moved lower in the US session after some weaker data in the US (ADP, GDP) pushed the greenback lower. The GBPUSD is …

Technical Analysis

EURUSD trades above its 100 day moving average at 1.09258

August 30, 2023

The EURUSD has surpassed its 100-day moving average, currently at 1.09258, reaching a high of 1.09338. On August 22, the currency pair approached this moving …

Technical Analysis

AUDUSD buyers make a play with work to do to give buyers more control

August 30, 2023

The AUDUSD price moved lower in the Asian-Pacific session after lower-than-expected in Australia. However, momentum could not be sustained and the USD selling on the …

Technical Analysis

August 30, 2023: Kickstart your FX trading day. A technical look at EURUSD, USDJPY, GBPUSD

August 30, 2023

EURUSD: The EURUSD is up testing at 100-day moving average. The last 3 tests of that moving average have found willing seller’s. That moving average …

Technical Analysis

Ethereum Technical Analysis – Key resistance in sight

August 30, 2023

Yesterday Bitcoin jumped following the news that Greyscale won the lawsuit against the SEC as the D.C. court ruled that the SEC improperly rejected the …

Technical Analysis

Bitcoin Technical Analysis – The bearish bias remains intact

August 30, 2023

Yesterday Bitcoin jumped following the news that Greyscale won the lawsuit against the SEC as the D.C. court ruled that the SEC improperly rejected the …

Central Banks

ECB’s Centeno: Even if we pause, saying we are done would be the wrong message

August 30, 2023

Need to be very cautious about policy decisions A lot has already been done He’s not giving much away but the ECB will have a …

Central Banks

ECB’s Centeno: Growth indicators have been surprising to the downside recently

August 30, 2023

The downside risks to growth outlined in June projections are materialising And I reckon they will have to adjust the more pessimistic growth scenarios in …

Technical Analysis

Copper Technical Analysis – Watch this major triangle pattern

August 30, 2023

Global growth seems to be more and more in peril as the economic data for many advanced countries is starting to roll over and some …