/daily-market-analysis/page/17/

    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    9 July 2024
    Forex Market Analysis: Aussie Dollar Holds Near 2024 High

    CURRENCIES  Market summary: The Australian Dollar was slightly lower on Monday but remains near its 2024 peak due to solid and enduring monetary policy support. Unlike most major central banks cutting rates, the Reserve Bank of Australia is likely to …

    8 July 2024
    Forex Market Analysis: Euro Lower Amid French Election Shock

    CURRENCIES Euro (EUR/USD) analysis: French bond yields starting to move higher. Euro edges lower as markets wait for specifics. French election results and market impact: The recent French election resulted in a shock, leaving financial markets vulnerable. Contrary to expectations …

    4 July 2024
    Forex Market Analysis: Tesla Surpasses Q2 Delivery Estimates

    CURRENCIES GBP/USD retail trader data: Net-long position: 43.40% Short-to-long ratio: 1.30 to 1 Net-long traders: Decreased by 18.07% since yesterday Decreased by 0.62% from last week Net-short traders: Increased by 23.53% since yesterday Decreased by 2.02% from last week Contrarian …

    2 July 2024
    Forex Market Analysis: Tesla Faces Sales Decline in Q2

    CURRENCIES USD/JPY: Data shows a significant majority of clients are net short. Change in longs/shorts/open interest (OI): Daily: longs +8%, shorts +1%, OI +2% Weekly: longs +19%, shorts +6%, OI +9% Implications for price action: Despite the bearish sentiment, there …

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