AUD/USD Overview: 37.84% of traders are long, with a short-to-long ratio of 1.64:1Long positions: ↑ 1.20% from yesterday, ↓ 12.53% from last weekShort positions: ↑ 1.79% from yesterday, ↑ 15.53% from last week Recommended by Richard Snow How to Trade AUD/USD Retail traders as a collective tend to be trend fighters, which is not optimal when markets are trending. The...

The EURUSD price is testing the bearish channels resistance line that appears on the chart, and as we mentioned this morning, the price needs to hold below 1.0800$ to keep the negative scenario valid for the upcoming period, which its targets begin by breaking 1.0780$ to confirm opening the way to head towards 1.0700$ as a next station, reminding you...

EUR/USD Analysis Current Position: 30.60% of traders are net-long (buying)69.40% of traders are net-short (selling)The ratio of short to long positions is 2.27 to 1Changes in Long Positions: Increased by 20.19% since yesterdayIncreased by 44.60% since last weekChanges in Short Positions: Decreased by 5.87% since yesterdayDecreased by 3.33% since last weekMarket Interpretation: We generally take a contrarian view to crowd...

The EURUSD price touched 1.0780$ level and found solid support there, to show some slight bullish bias, affected by stochastic positivity that loses its positive momentum clearly, which supports the chances of resuming the negative trades in the upcoming sessions, as it moves within bearish channel that has negative targets that extend to 1.0700$ followed by 1.0670$. Therefore, we expect...