Connect with us
DailyBars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: We got the reversal...
Article summary: Our Breakout2 and Momentum2 systems have done well selling the USD and JPY post-ECB and BOJ decisions, but we’ll be careful here—risk on trades...
”Pair is in larger degree wave ( 4 ) correction. Shorter cycles are mature so a pull back is expected which we believe would ideally prove...
USDJPY – Last week we wrote that we were mostly bullish the Japanese Yen (bearish USDJPY, EURJPY, GBPJPY) on a big build in crowd selling. Yet...
Our sentiment-based strategies have seen a dramatic turn of fortunes as post-ECB and Bank of Japan volatility. Trading conditions are difficult, but fresh Japanese Yen shorts...
AUDUSD – Extremely choppy price action has forced similarly indecisive moves in our retail trader-based measure of forex positioning, and our sentiment-based strategies are flat until...
EURUSD – Impressively choppy Euro/US Dollar price action has made for similarly indecisive forex trading crowd sentiment, and we’ll need a significant break of support or...
GBPUSD – Retail traders continue buying into British Pound weakness against the US Dollar (ticker: USDOLLAR) and Japanese Yen, but the dramatic reversal warns against going...
SPX500 –Retail CFD speculators remain aggressively net-short the SPX500 contract as it trades near record-highs, and we see little choice but to maintain our bullish contrarian...
Gold–Retail forex traders are very enthusiastically buying into Gold weakness against the US Dollar (ticker: USDOLLAR), and a contrarian view of crowd sentiment warns against buying...