Page 769 – Forex

USDCAD trades to new session lows

The USDCAD is trading to a new session alone in the process is testing a swing area between 1.3494 and 1.35039. Below that is the …

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September 14, 2023

Technical Analysis

EURUSD breaks lower. Looks toward the next target at 1.0635

September 14, 2023

The EURUSD is training to a new session low and in the process is moving away from the swing area between 1.06583 and 1.06669. The …

Sentiment

EUR/CHF IG Client Sentiment: Our data shows traders are now at their most net-long EUR/CHF since Sep 05 when EUR/CHF traded near 0.95.

September 14, 2023

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bearish contrarian trading …

Central Banks

Atlanta Fed GDPNow estimate for 3Q growth falls to 4.9%

September 14, 2023

The Atlanta Fed estimate for 3Q growth fell to 4.9%. The last estimate on September 8 came in at 5.6%. In their own words: The …

Technical Analysis

Crude oil futures back below $90, but buyers remain in control

September 14, 2023

Crude oil prices have risen by $1.33, marking a 1.5% increase, and are currently trading at $89.85. Today’s peak reached $90.26, the first time it …

Technical Analysis

The EURUSD is lower and so are the EURGBP and the EURJPY. What are the technicals saying?

September 14, 2023

The EURUSD is lower after the ECB rate decision. What about some of the other cross-currency pairs including the EURGBP and EURJPY. In the video …

Technical Analysis

EURUSD tests earlier low for the day

September 14, 2023

US yields have turned back around with the 10 year now up 3.8 basis points at 4.286%, the 2 year yield is modestly higher at …

Technical Analysis

AUDUSD trades the short term retracement levels today. What next?

September 14, 2023

The AUDUSD has been trading up and down in trading today, but technically, the 38.2% retracement of the move down from the September 1 high …

Technical Analysis

Major indices are higher in early US trading

September 14, 2023

The major indices are trading higher to start the trading day. The gains are around 0.4% – 0.5%. A snapshot of the market 4 minutes …

Technical Analysis

Kickstart your forex trading day with a technical look at EURUSD, GBPUSD and USDJPY

September 14, 2023

As traders react to the stronger US data and the ECB rate decision to increase rates by 25 basis points, what are the technical levels …

Central Banks

Lagarde Q&A: Some governors would have preferred to pause and wait on more data

September 14, 2023

Some governors would have preferred to pause and wait on more data A ‘solid majority’ agreed with the decision Three quarters of the rise in …