by SignalsFactory Staff | Oct 3, 2023 | Uncategorized
USD/JPY OUTLOOK: USD/JPY briefly breaks above 150.00, but then pulls back sharply on signs that the Japanese government has stepped in to support the yen in currency markets. Any FX intervention measures will not be enough to support the yen on a sustained basis. As...
by SignalsFactory Staff | Oct 2, 2023 | Uncategorized
USD/CAD retraces to 1.3570, and holds above the 50- and 100-hour EMAs on the four-hour chart. The key resistance level is seen at 1.3600; the initial support level is located at 1.3515. Relative Strength Index (RSI) is located in the bullish territory above...
by SignalsFactory Staff | Sep 26, 2023 | Uncategorized
Gold (XAU/USD) Struggles as Rising US Yields and the Dollar Index (DXY). Dollar Index (DXY) in Overbought Territory but Likely to Remain Supported in a Risk-Off Environment. IG Client Sentiment Shows that Retail Traders are Overwhelmingly Long with 79% of Traders...
by SignalsFactory Staff | Sep 25, 2023 | Uncategorized
Crude oil prices paused rallying last week Retail traders slightly increased upside bets What is the short-term WTI outlook? Crude oil prices took a breather last week, leaving WTI little changed by Friday. This meant a pause after weeks of consistent gains....
by SignalsFactory Staff | Sep 21, 2023 | Uncategorized
BANK OF ENGLAND HOLDS INTEREST RATES STEADY AT 5.25% The monetary policy committee narrowly decided to hold (5-4) Disinflation is expected to continue but growth forecasts for H2 are likely to be weaker BoE hints at a potential peak in interest...
