Nick Cawley - Profile and Journalist Details
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Nick Cawley
Verified
Strategist, DAILY FX
London
Beats
All Industries
negativity, politics
Content
By Nick Cawley| DAILY FX Verified EUR/USD AnalysisCurrent 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 sentiment.
By Nick Cawley| DAILY FX Verified Gold (XAU/USD) and Silver (XAG/USD) Analysis and ChartsGold remains positive in the coming weeksSilver’s technical break higher remains in place. The US dollar Index (DXY) is around 0.4% higher in European trade after steadying around a 9-month low this week. This slight move higher lacks any conviction and a further move lower is expected in the coming weeks as US interest rate cuts come into play.
By Nick Cawley| DAILY FX Verified EUR/USD AnalysisCurrent 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 sentiment.
Company Info
DAILY FX
DailyForex is a financial market news and analysis company founded in 2008. It focuses on empowering and educating Forex traders of all experience levels through its comprehensive online platform, DailyForex.com. The company is known for its commitment to transparency, objectivity, and independence in providing reliable market information and broker reviews. DailyForex offers a variety of services tailored to Forex traders. This includes comprehensive broker reviews based on rigorous testing and evaluation, daily market analysis to keep traders informed about trends and opportunities, and educational materials designed to enhance trading skills and understanding of Forex concepts. The company aims to support individual traders, from beginners to seasoned professionals, by providing trustworthy information and practical resources to improve their trading performance.
'+1 541-745-5116
Founded: 2008