Forexrobots24

forex advisor developer

Trade strategies and Technical analysis

EUR/GBP IG Client Sentiment: Our data shows traders are now net-short EUR/GBP for the first time since Jun 15, 2022 when EUR/GBP traded near 0.86.

Number of traders net-short has increased by 23.02% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI EUR/GBP BULLISH 47.63% 52.37% -27.17% ...
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USD/JPY Technical Analysis: Rising Wedge May Lead to Big Sell-off

USD/JPY Technical Highlights:USD/JPY continues to form a large rising wedge pattern at 20-yr highsIf the underside trend-line breaks look for a big sell-off to ensueTop-side breakout looking less likely and ...
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S&P 500 Outlook: Needs to Hold Here for Outlook to Remain Positive

U.S. Indices Technical Outlook:S&P 500 came out of the low with a lot of momentumYesterday’s sell-off is putting the recovery idea to the testRST bottoming pattern still remains in play ...
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Crude Oil Price Forecast: WTI Near-term Bullish Amidst Broader Range

Crude Oil Technical Highlights:WTI rallying after big sell-off, has room to goThe price action since March could form big-picture tech patternFor now, nimble short-term trades appear to be best fit ...
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Crude Oil Price Forecast: Was That a Failed Bearish Breakout?

Advertisement Crude Oil Outlook:After a sharp drop over the past two weeks, crude oil prices have returned into their bullish triangle.Despite technical erosion, the fundamentals haven’t changed: supply limitations linger ...
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US Dollar Forecast: Positive Slope in 50-Day Points to USD Breakout

US Dollar Talking PointsThe US Dollar Index (DXY) consolidates after trading to a fresh yearly high (105.79) earlier this month, but the Greenback may attempt to break out of the ...
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Crude Oil Price Outlook: WTI Trendline Breakout Spells Trouble as Retail Traders Buy

Crude Oil Weekly Technical Outlook: BearishCrude oil prices have been falling with global growth concernsWTI took out a key rising trendline, hinting at further losses nextThis is as retail traders ...
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Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Jun 08, 2022 when Wall Street traded near 32,936.00.

Number of traders net-short has increased by 89.98% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Wall Street BULLISH 49.89% 50.11% ...
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US Dollar Forecast: Pullback in US Yields Hampers DXY Index, USD/JPY

Advertisement US Dollar Outlook:The US Dollar (via the DXY Index) has begun to carve out a range after reaching a fresh yearly high last week.A drop in US Treasury yields ...
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Gold Price Forecast: Ranging within Triangle, For Now – Levels for XAU/USD

Advertisement Gold Price Outlook:Gold prices continue to trade within a multi-week symmetrical triangle dating back to April.Fundamental headwinds remain – rising US real yields – and are unlikely to abate ...
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Euro Technical Outlook – EUR/USD is at a Crossroads While EUR/JPY has Picked Up Steam

Euro, EUR/USD, US Dollar, EUR/JPY, Japanese Yen - Talking pointsEUR/USD has recovered from a test of the lows Yen depreciation sees EUR/JPY eyeing new highsMomentum might be the key. Can ...
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Crude Oil Price Forecast: Despite Pullback, Bullish Triangle Remains – What's Next?

Advertisement Crude Oil Outlook:Crude oil prices dropped sharply last week, but a bullish triangle – a continuation effort – lingers, suggesting more upside may be ahead.The fundamentals haven’t changed: global ...
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US Dollar Winning Streak Extends, Now What? USD/THB, USD/IDR, USD/PHP, USD/SGD

US Dollar, USD/THB, USD/IDR, USD/PHP, USD/SGD – ASEAN Technical AnalysisThe US Dollar mostly extended gains against ASEAN currenciesThe Thai Baht, Indonesian Rupiah and Philippine Peso are at riskSingapore Dollar is ...
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S&P 500, Nasdaq, Dow Jones Forecast for the Week Ahead

S&P 500, Nasdaq & Dow Technical Price Forecast: Weekly Trade LevelsS&P 500, Nasdaq & Dow technical trade level update – Weekly ChartsSPX500 support 3665, 3482-3501, 3419- resistance 3906/08, 4139/96Nasdaq weekly ...
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US Dollar Technical Forecast: DXY Stretched– Bulls Eye USD Reset

US Dollar Technical Price Outlook: DXY Weekly Trade LevelsUS Dollar technical trade level update – Weekly ChartUSD FOMC rally fuels second test of uptrend resistance- exhaustion riskDXY support 103, 101.87/94, ...
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