USDCAD back up to the familiar ceiling area.
Sellers leaning again… The USDCAD’s ups and downs continue (see post from yesterday). As per the post from yesterday, the run lower yesterday, fell below support at 1.32966 on the… Read more »
Category: Technical Analysis
USDCHF moves to the highest level since March 2017
Above 2018 high at 1.01276 The USDCHF moved above the 2018 high at 1.01276 and the March 2019 high at 1.01236. The high reached 1.0137. It is currently trading at… Read more »
Traders Increase Their Net-Long Position by 11.7% from Last Week
74% OF TRADERS ARE NET-LONG Spot Gold: Retail trader data shows 74.0% of traders are net-long with the ratio of traders long to short at 2.85 to 1. The number… Read more »
Traders Remain Net-Short Since March 31
NET-SHORT POSITIONS INCREASED BY 31% FROM LAST WEEK USDJPY: Retail trader data shows 33.7% of traders are net-long with the ratio of traders short to long at 1.97 to 1…. Read more »
USDJPY moves higher on data but not much higher
Yields are still lower. Dow up. Nasdaq unchanged in pre-market trading The USDJPY moved higher on the back of the better data today (claims and Retail sales). The price moved… Read more »
GBPUSD challenges the 1.3000 level. Stalls.
Channel trend line not far away. The GBPUSD is challenging the 1.3000 level (EURUSD moves to new low too). The pair moved below the 1.3000 earlier today and also back… Read more »
GBP/USD Continuation | Investing.com
Bearish: Currently we are at 1.3009 in a range. We are looking for a continuation to the ATR target/range bottom at 1.2943. The average daily true range (ATR) for the… Read more »
Copper Price at Risk of Break to the Downside
Copper price, news and analysis: The copper price is looking technically weak, challenging support from a trendline joining the higher lows in place since early 2019. That could reflect concern… Read more »
EURUSD continues move lower after better US data
Retraced to 61.8% of the move up in April The EURUSD moved to a new session low after the better than expected US retail sales and jobless claims data. THe… Read more »
The JPY is the strongest and the NZD is the weakest as NA traders enter for the day
The USD is mostly higher As NA traders enter for the day, the JPY is the strongest and the NZD is the weakest. The USD is mostly higher as flight… Read more »