Home / Daily Forex Signals (page 30)

Daily Forex Signals

Daily forex signals

Yen May Fall As Net Long Positions Spike

USDJPY: Retail trader data shows 62.4% of traders are net-long with the ratio of traders long to short at 1.66 to 1. The percentage of traders net-long is now its highest since Apr 24 when USDJPY traded near 109.82. The number of traders net-long is 13.0% higher than yesterday and 19.2% higher from last week, while the number of traders net-short is 31.5% lower than yesterday ...

Read More »

Technical Analysis: USD/JPY Drift Lower Likely To Resume

Talking Points: USD/JPY spiked lower this week just as it was starting to hold ground above a key downtrend line However, momentum indicators suggest that that rise had exhausted the bulls 2017’s drift lower remains very much in place Check out traders’ current feelings toward the Yen and all the Asia/Pacific majors with the DailyFX Sentiment Guide. This week’s spasmodic lurch lower ...

Read More »

Our free Forex signal is in profit now

On May 15 we sent to our mailing list the following free signal: ************************************************************************* From: Plain Forex Trading <support@plainforextrading.com> Date: May 15, 2017 11:01:24 AM EDT To: <northtradecorp@gmail.com> Subject: USDCAD short sell opportunity Free Forex signal: USDCAD sell short at 1.3599 with the initial stop-loss at 1.3801 Check out our blog at plainforextrading.com/blog All information provided in this email and in attachments is for educational purposes...

Read More »

Traders Split onAustralian Dollar Giving Mixed Signal

Why and how do we use IG Client Sentiment in trading? See our guide. AUDUSD: Retail trader data shows 51.0% of traders are net-long with the ratio of traders long to short at 1.04 to 1. In fact, traders have remained net-long since May 03 when AUDUSD traded near 0.75395; price has moved 1.2% lower since then. The number of traders net-long is...

Read More »

S&P 500 Attempts to Shrug Off Political Headwinds

What’s inside: SP 500 starts week on shaky ground, but if it doesn’t show weakness early-on then the Wednesday gap could fill quickly; FOMC minutes on Wednesday The DAX is without major European news this coming week, turning to US for catalysts FTSE 100 caught between key lines of support and resistance Live events are held daily by DailyFX analysts, for a full line-up ...

Read More »

Yen Crosses Look for Permanent Traction in Equity, Risk Slide

Fundamental Forecast for Japanese Yen: Bullish • Top scheduled event risk on the Japanese docket includes CPI figures, 1Q GDP details, manufacturing PMI and Kuroda speak • Net short Yen exposure gained traction this past week, falling behind the USD/JPY’s most recent downdraft • Complacency is starting to lose its foothold in the market and constant fundamental churn threatens...

Read More »

Yen Mixed as Sentiment Shifts

USDJPY: Retail trader data shows 59.4% of traders are net-long with the ratio of traders long to short at 1.47 to 1. The number of traders net-long is 4.9% lower than yesterday and 10.8% higher from last week, while the number of traders net-short is 1.2% higher than yesterday and 33.0% lower from last week. We typically take a contrarian ...

Read More »

British Pound Short Positions May Push Price Higher

Why and how do we use IG Client Sentiment in trading? See our guide. GBPUSD: Retail trader data shows 37.9% of traders are net-long with the ratio of traders short to long at 1.64 to 1. In fact, traders have remained net-short since Apr 12 when GBPUSD traded near 1.23717; price has moved 5.2% higher since then. The percentage of traders net-long is now its lowest since May 10 when GBPUSD traded near 1.29286. The number of traders net-long is...

Read More »

Will AUD/USD Be a Late Bloomer to the USD Correction?

If you prefer a quiet nap during cloudy afternoons, then AUD/USD is a market to consider. While many of the markets are increasing in volatility, AUD/USD continues to chop around sideways in a range. US Dollar has been weakening over the past few days and AUD/USD appears aloof. Though it may be difficult to imagine right now, the Elliott ...

Read More »

GBP/USD Terminal Wave Matures

GBP/USD popped to 1.3048 yesterday just shy of the 1.3060 zone cited previously in “How Much Higher Can GBP/USD Continue.” Though we cannot say for sure if the reversal begins at this level, yesterday’s price action puts Cable at risk of a large reversal. The model we are following is Elliott Wave theory. You see, it appears a triangle terminated in April 2017. According to Elliott Wave theory, triangle patterns precede a terminal wave in the sequence. That...

Read More »
error: Content is protected !!