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Latest Premium Analysis Update: Retail Sentiments Analysis 23 Nov 21 View Anlaysis
*Major currency pairs, US dollar index, Brent Oil, Gold Price Analysis / Correlation Analysis updated every weekend. Retail Sentiments Analysis every early Tuesday. Take note of the latest analysis update in the dialog box above.*
TheGeekKnows' Comment TheGeekKnows' Comment
, Retail Sentiments Analysis updated.
Currency pairs saw mixed results. 23 Nov 21

Major currency pairs, US dollar index, Brent Oil, Gold Price analysis
The US Dollar strengthened against most assets under coverage with the exception of GBP/USD.
Correlation Analysis (beta)
S&P 500 climbed while EUR/USD and Gold dipped. 21 Nov 21
Retail Sentiments Analysis updated. Mixed sentiment changes across the various currency pairs. 16 Nov 21
Major currency pairs, US dollar index, Brent Oil, Gold Price analysis
The US Dollar strengthened against most assets under coverage with the exception of Gold. This may be risk aversion.
Correlation Analysis (beta)
S&P 500, EUR/USD dipped while Gold climbed, suggesting risk averse sentiment. 14 Nov 21
Retail Sentiments Analysis updated. The GBP/USD sentiment has risen notably again for the week. 9 Nov 21
Major currency pairs, US dollar index, Brent Oil, Gold Price analysis
This week saw mixed performance across the asset pairs.
Correlation Analysis (beta)
S&P 500, EUR/USD and Gold climbed, suggesting risk seeking sentiment.
US NFP Analysis
The US NFP was better than expected. We see most currency pairs strengthened against the US Dollar, likely due to risk seeking sentiment.
Analysis updated. 7 Nov 21
Retail Sentiments Analysis updated.
We see notable movement in sentiment for USD/GBP, USD/CHF.2 Nov 21
Major currency pairs, US dollar index, Brent Oil, Gold Price analysis
We see mixed results across the assets under coverage.
Correlation Analysis (beta)
The S&P 500 climbed while both the EUR/USD and Gold dipped.
Analysis updated. 31 Oct 21.

Forex HeatMap Tips
The forex heatmap gives a quick overview of the price action.
For example, if the USD row is mostly or all red, it means that the USD is getting sold across the major currency pairs.


Calendar Tips
The economic calendar gives you an overview of the important releases for the week across the major currencies. It is good practice to factor in developments that may affect your trading plan. For example, the US Non-Farm Payroll.
Premium Analysis OverviewRetail Sentiments AnalysisUS NFP AnalysisMajors, US Dollar Index, Brent Oil and Gold AnalysisCentral Banks Interest Rate AnalysisUnemployment Rate AnalysisCorrelation Analysis EUR/USD (beta)
In our decade of forex trading, we have done much analysis and we are of the belief that sentiments exert a significant influence on shorter timeframes while fundamentals fold out over longer periods of time. This requires a deep understanding of the market and currency pair. The below tools will augment your efforts.
  • Retail Sentiments Analysis will show you the percentage of retail forex traders who are long for the respective currency pair. It is color coded to show green if more people are long and red for when more people are short.There is also a USD Centric version that will color code to show green if more people are in long USD positions and red for when more people are in short USD positions. This is useful to identify situations where most people are longing or shorting the USD across the major currency pairs.
  • US NFP Analysis will show you if a particular currency pair had risen or fallen on the day the the US Non-Farm Payroll was released. You can also see if the employment data was better or worst than expected. There is also a USD Centric version will show you if the price action of a particular currency pair was bullish or bearish in terms of USD on the day the US Non-Farm Payroll was released. This provides important visualization as to the strength of the USD after a better or worst than expected US Non-Farm Payroll.
  • Majors, US Dollar Index, Brent Oil and Gold Analysis will show you if a currency pair, US Dollar index, Brent Oil or Gold is bullish or bearish compared to the previous week. As it is color coded, it is easier to spot trends.There is also a USD centric version that will show you if a currency pair, US Dollar index, Brent Oil or Gold is bullish or bearish compared to the previous week in terms of the USD. This helps to identify situations where the USD is strong across the majors.
  • Central Banks Interest Rate Analysis aims to provide a holistic view of the current influence on the underlying currency pair. This will give additional insights when planning a trade, especially on longer time frames.
  • Unemployment Rate Analysis aims to provide a holistic view of the current influence on the underlying currency pair. This will give additional insights when planning a trade, especially on longer time frames.
  • Correlation Analysis EUR/USD (beta) is a measure of how financial assets move in relationship with each other. It ranges from being a 100% positive correlation, which means both financial assets move in unison to a 100% negative correlation also known as an inverse correlation which means both financial assets move in exact opposites. In forex, we can seek out correlations between currency pairs and other financial assets to gain insights into possible undertones.

The number represents the percentage of retail forex traders who are long on the respective major currency pairs. This information is aggregated from numerous sources to provide a wide representation. Critical questions such as momentum trends can be easily answered with this analysis.

On the right, the analysis is made in terms of the USD. Therefore you may find a currency pair with a higher percentage of long position colored red. For example the EUR/USD. This is because in these particular currency pairs, the base currency is not the USD. Hence a majority long means more retail traders are positioned in a long trade in favor of the non-usd base currency.
We find this analysis useful for identifying when the market is generally bullish (more green cells) or bearish (more red cells) on the USD. This is important when you formulate your trading plan. For example, questions such as am I trading against the market can be answered.

Contrary to much belief, the relationship of the USD and the US Non-Farm Payroll goes beyond a simple “bullish when good / bearish when bad” equation. This analysis shows the closing performance of the major currency pairs on the day the US Non-Farm Payroll was released. U presents an increase in the currency pair value. Better/Worst under NFP means the US Non-Farm Payroll was better/worst than expected. This helps you to identify trends so as to potentially reduce the risk when maintaining positions over the US Non-Farm Payroll release day.

On the right, the analysis is made in terms of the USD. You may find a currency pair with an U (U presents an increase in the currency pair value) colored red. For example the EUR/USD. This is because in these particular currency pairs, the base currency is not the USD. Hence an increase in value is actually in favor of the non-usd base currency.
This analysis may yield useful suggestions not easily revealed on a chart. For example, a worst than expected US Non-Farm Payroll resulting in an increase of USD value across all major currencies suggests possible risk aversion.

In this analysis, green cells are bullish while red are bearish. This information is useful in many ways. For example, having a quick check on the currency pair before committing into a trade. If you are planning for a long position in a currency pair that is red for the last 4 weeks, is there any aspect that you may need to reconsider?

On the right, the analysis is made in terms of the USD. Therefore for certain currency pairs a bullish week may be colored red instead, for example, the EUR/USD. This is because, in these particular currency pairs, the base currency is not the USD. Hence an increase in value is actually in favor of the non-usd base currency.

This analysis may yield useful suggestions not easily revealed on a chart. For example, if the cells are all green, it indicates that the USD is gaining across. This may be a significant momentum that warrants your attention prior to trading. Will shorting the USD be viable?

A high interest usually generates demand while a low interest may result in the dumping of a currency for better yielding alternatives. Darker colors represent higher interest rates in both positive and negative directions.

Maintenance in Progress

Below is the analysis of the probable influence on the respective currency pairs in terms of interest rate. Extremities indicate a possible high amount of influence.

Maintenance in Progress

Employment is a fundamental component of the economy as it leads to consumer spending and hence retail sales. A low unemployment rate is an indicator of a healthy functioning economy while a high unemployment rate suggests a challenging economic climate. Darker red represents higher unemployment rates while darker green represents lower unemployment rates.

Maintenance in Progress

Below is the analysis of the probable influence on the respective currency pairs in terms of unemployment rate. Extremities indicate a possible high amount of influence.

Maintenance in Progress

Correlation is a measure of how financial assets move in relationship with each other. It ranges from being a 100% positive correlation, which means both financial assets move in unison to a 100% negative correlation also known as an inverse correlation which means both financial assets move in exact opposites. In forex, we can seek out correlations between currency pairs and other financial assets to gain insights into possible undertones. This may provide market sentiment context for your forex trading plans.

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