Рубрика: News

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Sentiment Suggests EURUSD May Reverse Downtrend

EURUSD: Retail trader data shows 37.4% of traders are net-long with the ratio of traders short to long at 1.67 to 1. In fact, traders have remained net-short since Apr 06 when EURUSD traded near 1.22799; price has moved 0.5% higher since then. The number of traders net-long is 9.2% lower than yesterday and 18.2% […]

Long Brent Crude: Fundamentals and Technicals Collide

Check out our new Trading Guides: they’re free and have been updated for the second quarter of 2018 and include all the major currencies, oil, gold and indices. Brent Crude to Retest Recent High Brent crude has been in the headlines lately hitting the highest level since December 2014 due to the escalation of action […]

Elevated GBP/USD Can Probably Go Higher Yet

DailyFX Quarterly Forecasts have been updated for Q2 and are available here The UK Pound has climbed to highs against the US Dollar not seen since 2016’s seismic referendum on British membership of the European Union. There are many macro factors behind its rise, from a broad revival in global risk appetite, the UK’s economic […]

S&P 500, DAX & FTSE — Can the Bounce Sustain?

Talking Points: Economic calendar light, but key headline risk exists; S&P 500 technicals still unclear German & Eurozone ZEW figures due out; DAX has resistance ahead UK CPI data on Wednesday; FTSE will try and continue impressive rally For the intermediate-term technical and fundamental outlook, check out the recently released DailyFX Q2 Forecasts. S&P 500 […]