USD Short Squeeze, EUR, JPY Liquidation, AUD Flips Long – COT Report
US Dollar short squeeze in full swing, EUR & JPY longs liquidated, while AUD Flips to net long.
Blog
GBP/USD Daily Outlook
Daily Pivots: (S1) 1.3770; (P) 1.3839; (R1) 1.3898 More…. Intraday bias in GBP/USD remains mildly on the downside at this point, deeper...
AUD/USD Daily Report
Daily Pivots: (S1) 0.7625; (P) 0.7678; (R1) 0.7733; More… AUD/USD’s is staying in the correction from 0.8006 and intraday bias remains ...
USD/CHF Daily Outlook
Daily Pivots: (S1) 0.9274; (P) 0.9297; (R1) 0.9335; More…. Intraday bias in USD/CHF remains on the upside at this point. Current rally ...
USD/CAD Daily Outlook
Daily Pivots: (S1) 1.2620; (P) 1.2678; (R1) 1.2711; More…. Intraday bias in USD/CAD remains neutral for the moment and more sideway tra...
EUR/USD Daily Outlook
Daily Pivots: (S1) 1.1877; (P) 1.1928; (R1) 1.1962; More…. Intraday bias in EUR/USD remains on the downside at this point. Correction f...
USD/JPY Daily Outlook
Daily Pivots: (S1) 107.31; (P) 107.64; (R1) 108.32; More.. Intraday bias in USD/JPY remains on the upside at this point. Current rally ...
AUD/USD Aims to Retake Key Level as Markets Digest US Covid Stimulus News
Asia-Pacific financial markets will digest news that the US Senate passed a US$1.9 trillion Covid package. Australian consumer confiden...
Asian Markets Soften on Surging Oil Price, Dollar Firm
The Asian markets opened the week relatively mixed. Stocks gained initially on US Senate passage of the USD 1.9T stimulus bill. But sen...
BOC Preview: Caution over Pandemic Uncertainty while acknowledging Better-than-Projected Growth
The BOC will leave its policy rate and the size of the QE program unchanged at this week’s meeting. While there will be no press confer...