GBPUSD short bias reacting to supply imbalance
GBPUSD Forex cross pair is dropping as expected from the monthly supply imbalance located around 1.32. The reaction has been pretty strong for now. The British Pound is weak against the US dollar, this together with the fact that the Dollar Index DXY analysis is bullish, it’s helping GBPUSD Forex cross pair to drop so...
Dollar Index DXY strength. Buy opportunities
As discussed in previous US Dollar Index DXY supply and demand analysis and forecast, the expected bullish correction is happening. . The EURUSD forex cross pair forecast and analysis is very similar but we are expecting a bearish correction instead. As a Forex trader, you should know that EURUSD and Dollar Index DXY are inversely...
EURUSD is dropping, short bias in September 2020
As explained and forecasted for weeks, EURUSD is dropping as expected. We are expecting a bearish correction on EURUSD Forex cross pair after such a strong bullish impulse on the monthly timeframe. There is a monthly demand imbalance located much lower where we will be able to think of long -term positions. EURUSD forex forecast...
Should I buy shares of Advanced Micro Devices AMD?
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics. We have been watching AMD stock very closely lately after it broke all-time highs a few weeks ago. As supply and demand traders, we must ignore the fundamental stock analysis and focus on what really matters,...
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