United States CFTC Oil NC Net Positions climbed from previous 57.4K to 58.1K | FXStreet

USD/JPY’s rebound last week suggests short term bottoming at 139.57. just ahead of 139.26 key fibonacci level. Initial bias remains mildly on the upside this week. Further rise would be seen to 38.2% retracement of 161.94 to 139.57 at 148.11. On the downside, below 141.73 minor support will turn bias to the downside for retesting…

USDJPY: The Japanese yen (JPY) attracted active selling during Thursday’s Asian session in response to news that a US federal court had blocked the entry into force of President Donald Trump’s ‘Liberation Day’ tariffs. This event is boosting investor confidence and triggering a new wave of risk-taking, which in…

2024.06.04 2024.06.04 GBPUSD Forecast for 2024, 2025–2026 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The GBP/USD forecast reveals an optimistic stance for the British pound, bolstered by positive economic indicators and a relative weakening of the US dollar. With UK PMI data reflecting potential economic growth, the pound demonstrates resilience and an upward potential.  However, broader economic policies…

The Fibo Retracement Levels MT4 Indicator is designed to automatically plot Fibonacci levels on a chart. These levels are based on the Fibonacci sequence, a powerful tool in technical analysis that traders have used for decades. It highlights potential support and resistance zones where the price may react. For example, retracement levels such as 38.2%,…

With the US Government open again after a 43-day shutdown, federal agencies are scrambling through a backlog of data to deliver a stream of delayed macroeconomic releases. The focus today is on September’s US Retail Sales report. The latest reference, released more than two months ago, showed a strong increase in retail consumption, with a…