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DAILY MARKET ANALYSIS
Stay on top of your trading with analyses of the latest market news.
CURRENCIES EURO (EUR/USD, EUR/GBP) technical analysis: Fed speak to dominate today’s scheduled event risks (Williams, Waller) EUR/USD drifts lower in search of a catalyst EUR/GBP eyes support ahead of UK CPI print Fed Speak to Dominate Today’s Scheduled Risk Events: …
CURRENCIES Highlights from Last Week: U.S. Dollar Decline: The DXY index dropped significantly due to softer-than-expected consumer price index figures. This reignited optimism that the disinflationary trend, which began in late 2023 but had stalled, is back on track. Federal …
CURRENCIES Overview: EUR/USD fails to sustain bullish momentum, GBP/USD pauses after breakout. Introduction to Contrarian Trading: Herd mentality can dominate trading, but experienced traders often explore contrarian strategies. Contrarian trading involves recognizing when the majority sentiment may be incorrect and …
CURRENCIES GBP/USD: Current Sentiment: 56.68% of clients are bearish, with a short-to-long ratio of 1.31 to 1. Trend: Increase in net-short bets by 4.62% since yesterday and 33.04% from last week. Bullish bets decreased by 16.10% since yesterday and 36.14% …
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