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of clients are net long.
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EUR/USD Rate Forecast: Euro Rebound Emerges After Defending 2021 Low
2021-03-02 19:30:00
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Gold Prices at Risk, Crude Oil Sinks But Broader Uptrend Remains Intact
2021-03-02 07:30:00
Oil Price Outlook Mired by RSI Sell Signal Ahead of OPEC JMMC Meeting
2021-03-01 20:00:00
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Why a Rise in Retail Trading May Signal Another Mania
2021-03-01 06:00:00
Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Feb 01, 2021 when Wall Street traded near 30,246.40.
2021-03-01 00:23:00
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Gold Price Forecast: XAU/USD Clings to Support After Steep Losses
2021-03-02 21:00:00
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2021-03-02 13:30:00
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US Dollar Price Action Setups: GBP/USD, USD/JPY, AUD/JPY
2021-03-02 20:00:00
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2021-03-02 17:00:00
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2021-03-02 20:00:00
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2021-03-02 15:00:00
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EURUSD: Continuing to Hold Short

EURUSD: Continuing to Hold Short

Ilya Spivak, Head Strategist, APAC

I initially sold EURUSD at 1.3121 and added to the position at 1.3026. The pair sold off after putting in a bearish Harami candlestick pattern identified last week, with sellers now testing below support at 1.3025. I will continue to hold short, looking for a daily close through this level to expose our initial objective at 1.2865. A stop-loss will be activated on a daily close above 1.3378.

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