• August 28, 2023
  • Technical Analysis
  • Comments : 0

Euro Outlook: EUR/USD is 1 Week Away from the Longest Losing Streak Since 2014

The Euro is potentially 1 week away from the longest consecutive losing streak since 2014. After EUR/USD broke under key rising support, is more in pain for the single currency?...
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  • August 25, 2023
  • Technical Analysis
  • Comments : 0

ECB, Fed in Focus Ahead of Jackson Hole, PCE & NFP Next

Risk assets sold off sharply ahead of Jackson Hole as strong US growth could force the Fed’s hand. US and EU economic outlooks diverge further...
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  • August 25, 2023
  • Technical Analysis
  • Comments : 0

British Pound at Risk Amid Bullish Retail Traders, GBP/USD Head & Shoulders Still Eyed

The British Pound fell the most over the past 24 hours since late July and retail traders have increased upside exposure. Will GBP/USD extend lower as a bearish Head & Shoulders brews?...
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  • August 24, 2023
  • Technical Analysis
  • Comments : 0

The Nvidia Effect Fails to Inspire EU, UK Stocks, USD Pushes on

Nvidia’s stellar Q2 results failed to ripple through EU, UK and Chinese equity markets as worsening fundamental data weighs more heavily on sentiment...
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  • August 24, 2023
  • Technical Analysis
  • Comments : 0

Japanese Yen Makes a U-Turn, Will USD/JPY Extend Lower from Here?

The Japanese Yen has made a U-turn against the US Dollar. With a Double Top in focus on the 4-hour chart, is this the beginning of a broader USD/JPY reversal?...
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  • August 24, 2023
  • Technical Analysis
  • Comments : 0

Australian Dollar Soars, Will AUD/USD Extend Gains as Retail Traders Turn Bearish?

The Australian Dollar confirmed its best day against the US Dollar since the end of July. Retail traders started unwinding upside exposure. Will AUD/USD rise next?...
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  • August 23, 2023
  • Technical Analysis
  • Comments : 0

Euro Area, UK PMI Disappoint as Equity Markets Eye Nvidia Earnings Release. Full FX Round-Up

UK and Euro Area PMI cast a shadow as recession talk returns. Todays data also adds an interesting dynamic to the ECB policy moving forward as price pressures appear to be rearing their ugly head once more. Was this enough for the ECB to pause in September?...
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  • August 23, 2023
  • Technical Analysis
  • Comments : 0

Crude Oil Prices Ready to Extend Lower? Bearish Head & Shoulders in Focus

WTI crude oil prices might be readying to extend lower in the coming trading sessions. A bearish Head & Shoulders chart formation is in focus on the 4-hour chart, will the neckline hold?...
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  • August 23, 2023
  • Technical Analysis
  • Comments : 0

Euro Faces 6 Weeks of Losses as Retail Traders Persistently Remain Bullish EUR/USD

The Euro is on course for a 6th consecutive weekly loss, the longest losing streak since 2018. Persistent bullish retail traders offer a stronger EUR/USD bearish contrarian trading bias....
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  • August 22, 2023
  • Technical Analysis
  • Comments : 0

Markets Prepare for Jackson Hole

AI optimism has bolstered US equity index futures today while US Treasury yields soften...
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