• November 8, 2022
  • Technical Analysis
  • Comments : 0

GBP/USD Technical Outlook: Has the British Pound Bottomed?

The British Pound’s rally against the US Dollar has slowed down recently. What does this mean for the medium-term trend and what are the signposts to watch?...
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  • November 8, 2022
  • Technical Analysis
  • Comments : 0

Bitcoin and Ethereum Technical Outlook: Have They Run Their Course?

Bitcoin and Ethereum are testing stiff hurdles, raising the odds that the recent rally may have run its course. What is the outlook and what are the levels to watch?...
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  • November 8, 2022
  • Technical Analysis
  • Comments : 0

Canadian Dollar Technical Analysis: USD/CAD Head & Shoulders Chart Pattern in Focus

The Canadian Dollar may rise against the US Dollar as a Head & Shoulders chart pattern. Meanwhile, retail traders flipped net-long USD/CAD for the first time since September, is that bearish?...
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  • November 8, 2022
  • Technical Analysis
  • Comments : 0

Gold Price Forecast: Bottoming Potential Regains Validity – Levels for XAU/USD

Gold prices are benefiting from the weaker US Dollar....
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  • November 8, 2022
  • Technical Analysis
  • Comments : 0

EUR/USD IG Client Sentiment: Our data shows traders are now net-short EUR/USD for the first time since Oct 27, 2022 when EUR/USD traded near 1.00.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias....
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  • November 7, 2022
  • Technical Analysis
  • Comments : 0

S&P 500, Nasdaq, Dow Jones Price Action Setups

Equities bounced on Friday even after a strong push from bears after FOMC. This week sees CPI come back in focus – can bulls push for another bear market bounce?...
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  • November 7, 2022
  • Technical Analysis
  • Comments : 0

USD/CAD Technical Outlook is Bearish Based on Chart Formation

USD/CAD took a big hit on Friday, and with that it is testing important support; outlook is generally bearish, but may be bumpy ride lower....
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  • November 7, 2022
  • Technical Analysis
  • Comments : 0

USD/CNH Technical Outlook: An Extended Pause in the Rally?

USD/CNH’s rally has shown signs of fatigue in recent weeks, raising the possibility of an extended pause. To what extent can USD/CNH correct lower, and what are the key levels to watch?...
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  • November 7, 2022
  • Technical Analysis
  • Comments : 0

US Dollar Appears Increasingly Vulnerable: USD/SGD, USD/THB, USD/IDR, USD/PHP

The US Dollar continues to weaken against ASEAN currencies. The Singapore Dollar and Thai Baht appear the most bullish, followed by the Philippine Peso. USD/IDR remains tilted higher....
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  • November 7, 2022
  • Technical Analysis
  • Comments : 0

Hang Seng Index Technical Outlook: Slide Lower Pauses. Now What?

The Hang Seng Index’s rebound from deeply oversold conditions appears to be a pause, and not a reversal of the downtrend. To what extent can the index rise and what are the levels to watch?...
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