Рубрика: News

News forex

S&P 500, DAX & FTSE Outlook Heading into Next Week

S&P 500, DAX, & FTSE Talking Points: CPI only ‘high’ impact data on calendar; S&P 500 looking to keep footing Data light next week; DAX technical positioning somewhat precarious BoE raised rates to 0.75%, calendar ahead lacking; FTSE posturing weakens For forecasts, trade ideas, and educational guides, check out the DailyFX Trading Guides. S&P 500 […]

UPDATE: Close GBPUSD Short and Book Profits

UPDATE Last week, I recommended to short GBPUSD (See below) on rallies towards 1.32. Since then, the pair has continued to trend lower and has now broken the short-term base and target at 1.30 with the price now at 1.2980. As such, now would be a good time to book profits as we await a […]

Dow Drops to Support After FOMC-Fueled Pullback

Talking Points: — The Dow Jones Industrial Average has pulled back from the July breakout, and the lower-lows and lower-highs we were looking at on shorter-term charts continues to show. Prices have run into a key area of support, but with NFP on the docket for tomorrow – the big question is whether this support […]

EUR/USD: Provides No Clear Trading Signal

EURUSD: Retail trader data shows 50.8% of traders are net-long with the ratio of traders long to short at 1.03 to 1. The number of traders net-long is 14.2% higher than yesterday and 10.3% lower from last week, while the number of traders net-short is 16.4% lower than yesterday and 5.9% lower from last week. […]