GBP/USD Retreats as Bulls Pause: Key Levels To Watch
Pound Retreats Against US Dollar The British Pound peaked around 1.2860 and began a fresh decline against the US Dollar.
Pound Retreats Against US Dollar The British Pound peaked around 1.2860 and began a fresh decline against the US Dollar.
FTSE 100 Aims to Recover Recent Losses The FTSE 100 is attempting to recover from last week’s losses, which were
FTSE 100 in Recovery Mode Despite Stagnant GDP Growth The FTSE 100 bounced back from Tuesday’s low of 8,115, despite
Nasdaq 100 Sets New Record The Nasdaq 100 reached an unprecedented high on Wednesday, surpassing the 19,000 mark for the
GBP/USD broke through the 1.2800 resistance, supported by a major bullish trend line at 1.2750 on the 4-hour chart. Gold
Gold Price Drop to $2,315 Gold has experienced a significant decline, testing the $2,315 zone. A key declining channel is
Major Influence of 10-Year US Treasury Yield The 10-year US Treasury yield has become a key factor in dictating the
Dow’s May Gains Disappear The Dow Jones index has surrendered most of its gains from the beginning of May, dropping
In trading, the allure of following prevailing trends—buying in bullish and selling in bearish phases—is strong. However, seasoned traders often
Dow’s Gains Erased in May The index has relinquished the gains acquired since the start of the month, plunging 2000
In the dynamic world of trading, retail investors often follow the herd, buying during optimistic times and selling in pessimistic
Retail trader data indicates that 52.21% of traders are now net-long on France 40, with the long-to-short ratio standing at
The EUR/USD pair is witnessing a short-term uptrend within a broader downtrend. This upward movement is partly due to the
Retail trader data reveals that 49.74% of traders are currently net-long on AUD/USD, with the short-to-long trader ratio at 1.01
Natural Gas Futures Decline Amid Technical and Fundamental Pressures U.S. natural gas futures experienced a significant decline last week, driven
Silver prices experienced a tumultuous week, driven by the Federal Reserve’s hawkish meeting minutes. The minutes indicated a cautious approach
Shift in Trader Sentiment Retail trader data indicates that 46.52% of traders are net-long on EUR/CHF, with a short-to-long ratio
Dow Struggles Post-Fed Update The Dow Jones Industrial Average experienced a dip as it consolidated following gains seen in late
Dow Faces Resistance at 40,000 The Dow briefly surpassed 40,000, reaching a record high, before retreating. After its robust climb
The economic calendar is relatively light this week, with only a few notable dates ahead. The week is mostly quiet
Yesterday, the S&P 500 closed flat as it awaited Nvidia’s (NASDAQ:NVDA) earnings, set for release on Wednesday afternoon. The calm
Investment Psychology and Market Dynamics The old adage, “Bears sound smart; bulls make money,” captures the essence of market psychology.
Despite a lack of drama last Friday, the S&P 500 and Nasdaq avoided any significant downturns or ‘bull traps‘ as
This week is expected to be low-key until Wednesday, with hardly any significant data points until then. The key events
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