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GBP Futures: Correction lower still on the cards
CME Group’s advanced readings for GBP futures markets showed investors added around 1.2K contracts to their open interest positions on Wednesday, resuming the uptrend after Friday’s drop. In the same line, volume reversed the previous pullback and increased by around 52.2K contracts.
GBP/USD looks c
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USD/CHF Daily Outlook
Daily Pivots: (S1) 0.9801; (P) 0.9811; (R1) 0.9833;
Intraday bias in USD/CHF is turned neutral with a temporary top formed at 0.9826. Focus says on 38.2% retracement of 1.0237 to 0.9613 at 0.9851 first. Decisive break there will add to the case of bullish near term reversal and target 61.8% retracem
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How to Make 1 Million USD in Trading?
As an ordinary trader, how much money can you earn at most? Do you think it is realistic to set a target as much as $ 1 million? This is an important question that every trader will face, and from your answer, you may be able to find out whether you can achieve it or whether you are doomed to losses
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CFTC Positioning Report: EUR net shorts in multi-month highs
These are the main highlights of the CFTC Positioning Report for the week ended on February 11th.
Speculators kept the negative view on EUR for yet another week, taking gross shorts to the highest level since early November 2016 to more than 255K contracts and therefore the net shorts climbed to th
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GBP/USD Daily Outlook
Daily Pivots: (S1) 1.2873; (P) 1.2909; (R1) 1.2947;
Intraday bias in GBP/USD remains neutral consolidation a above 1.2872 temporary low. Upside of recovery should be limited below 1.3209 resistance. On the downside, break of 1.2872 will resume the corrective fall from 1.3514 to 61.8% projection of 1
