Oil Price Forecast: Bearish Momentum Gathers Pace as OPEC Changes Gears
Crude tumbles to fresh monthly lows as OPEC changes gears, with oil prices at risk for a further decline as the bearish momentum appears to be gathering pace.
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News
USD/JPY: Weekly Short Positions Decrease 9% Prompting a Bearish Bias
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bearish contrarian trading bias.
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USD/JPY Bull Trend Remains Under Threat Amid Ongoing Shift in Sentiment
Gold Price Outlook: First Major Test for the XAU/USD Breakout
JPY Surges on Equity Rout, GBP Leaps on Custom Union Report - US Market Open
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Analyst Picks
David Song
Currency Analyst
Currency Pair:
Bearish EUR/USD
Expertise: Fundamental and Technical
Average Timeframe of Trade: 2 - 10 Days
Expertise: Fundamental and Technical
Average Timeframe of Trade: 2 - 10 Days
David Cottle
Analyst
Currency Pair:
Bearish NZD/USD
Expertise: Fundamental and Technical
Average Timeframe of Trade: three months
Expertise: Fundamental and Technical
Average Timeframe of Trade: three months
Technical Analysis
GBP/USD: Weekly Short Positions Decrease 34% Sparking Bearish Bias
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.
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Rand Report : Mid-term budget speech
DAX 30 and CAC Charts – Macro-techs Continue to Worsen
AUD/USD Technical Analysis: October Swing Bottom Under Fire
Education
Market Analyst
In this session, we discussed how to go about identifying your short-comings as a trader and then fixing them one at a time.
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Currency Strategist
Technical analysis is helpful as a risk management tool, and support and resistance are key to this approach. This article looks at using Fi...Continue Reading
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