Trading Strategies GBP/USD Daily Outlook Posted by December 21, 2020 0 Daily Pivots: (S1) 1.3451; (P) 1.3520; (R1) 1.3569; More… GBP/USD’s pull back from 1.3624 extends lower today, but stays above 1.3134 s... Continue reading
Trading Strategies USD/CHF Daily Outlook Posted by December 21, 2020 0 Daily Pivots: (S1) 0.8816; (P) 0.8842; (R1) 0.8858; More…. Intraday bias in USD/CHF is turned neutral with today’s recovery. Some conso... Continue reading
Trading Strategies USD/JPY Daily Outlook Posted by December 21, 2020 0 Daily Pivots: (S1) 103.07; (P) 103.34; (R1) 103.57; More.. Intraday bias in USD/JPY remains neutral first. Outlook remains bearish as i... Continue reading
Trading Strategies USD Technical Analysis: DXY Bounce May be Short-lived, Euro Testing Support Posted by December 21, 2020 0 The US Dollar Index (DXY) is bouncing on risk aversion, but it may prove only temporary as fears abate and the trend lower remains stro... Continue reading
Trading Strategies GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Dec 11, 2020 18:00 GMT when GBP/JPY traded near 137.52. Posted by December 21, 2020 0 Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stron... Continue reading
Trading Strategies GBP/JPY Daily Outlook Posted by December 21, 2020 0 Daily Pivots: (S1) 139.09; (P) 139.70; (R1) 140.09; More… GBP/JPY drops sharply today but stays in range of 136.78/140.70. Intraday bia... Continue reading
Trading Strategies US Dollar Shorts Reduced, NZD/USD Bulls Stretched – COT Report Posted by December 21, 2020 0 US Dollar downtrend to persist, despite pullback in short exposure. NZD longs looking stretched. Continue reading
Trading Strategies FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Dec 14, 2020 06:00 GMT when FTSE 100 traded near 6,515.80. Posted by December 21, 2020 0 Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stro... Continue reading
Trading Strategies US Dollar Technical Forecast: USD/SGD, USD/IDR, USD/PHP, USD/THB Posted by December 21, 2020 0 The US Dollar, after persistent losses, is eyeing key support levels against the Singapore Dollar, Indonesian Rupiah, Philippine Peso a... Continue reading
Trading Strategies Precious Metals Price Analysis: Gold and Silver to Extend Climb Higher Posted by December 21, 2020 0 Gold and silver look set to extend recent gains as bullish technical setups begin to take shape across multiple timeframes. Key levels ... Continue reading