Рубрика: News

News forex

S&P 500, DAX & FTSE — Buyers Stepping In On Pullbacks, So Far

Talking Points: NFPs beat expectations on Friday, light calendar next week; S&P price action in limbo Light calendar ahead; response to DAX decline could be telling BoE BoE/TNS Inflation on Friday; FTSE being tested after failed breakout For the intermediate-term technical and fundamental outlook, check out the DailyFX Q2 Forecasts. S&P 500 On Friday, we […]

Dow Tests Trend-Line Resistance After NFP-Fueled Gap

Talking Points: — The Dow Jones Industrial Average is testing a confluent area of resistance this morning after a healthy gap-higher, driven by a strong US Non-Farm Payrolls report. — This highlights a short-term symmetrical wedge pattern, which is taken place within a longer-term symmetrical wedge. We look at both below, aiming to trade a […]

USD/JPY: Net-Short Positions Up 18.9% Since Yesterday

52% Of Traders Are Net-Long USDJPY: Retail trader data shows 52.0% of traders are net-long with the ratio of traders long to short at 1.08 to 1. In fact, traders have remained net-long since May 23 when USDJPY traded near 109.258; price has moved 0.5% lower since then. The number of traders net-long is 2.3% […]

EUR/USD: Bullish Reversal in Play

Short Trades are Up By 20% Overnight EURUSD: Retail trader data shows 52.5% of traders are net-long with the ratio of traders long to short at 1.1 to 1. In fact, traders have remained net-long since Apr 30 when EURUSD traded near 1.21294; price has moved 3.7% lower since then. The number of traders net-long […]

S&P 500 May Trade Higher Based on Sentiment

Traders Remain Net-Short since May 3 US 500: Retail trader data shows 39.8% of traders are net-long with the ratio of traders short to long at 1.52 to 1. In fact, traders have remained net-short since May 03 when US 500 traded near 2634.13; price has moved 2.9% higher since then. The number of traders […]

USD/CAD Weakness to Persist as Bearish Series Takes Shape

CANADIAN DOLLAR TALKING POINTS The Canadian dollar is back under pressure as updates to the Gross Domestic Product (GDP) report dampen the outlook for growth, and USD/CAD stands at risk of facing range bound prices over the remainder of the week as market participants mull the timing of the next Bank of Canada (BoC) rate-hike. […]

Dow Gaps Down to Fibonacci Support: Can Buyers Hold the Lows?

Talking Points: — European equities have seen quite a bit of volatility already this week as driven by Italian politics, and that theme may continue to push stocks in the near-term as resolution does not yet appear to be in-sight. American bourses were closed yesterday in observance of Memorial Day, and after gapping-lower this morning, […]

CoT: EUR/USD & Crude Oil Speculators Sell for Fifth Straight Week

CoT Highlights: Euro large specs remain net-sellers as price backpedals Massive crude oil long set to continue unwinding Large speculative positioning profiles for major markets/currencies For a measure of short-term sentiment in the Euro and other currencies and markets, see the IG Client Sentiment page. This past week showed the fifth straight week of reduction […]

USDJPY Pending Long on Further Weakness * Update*

Check out our New Trading Guides: they’re free and have been updated for the second quarter of 2018 ***Update 29 May — Trade Entered at 108.500*** Original story from May 24. USDJPY Short-Term Sell-Off Does Not Change the Medium-Term Trend The latest risk-off move has seen USDJPY move sharply lower and test the lower boundary […]