USD/JPY 44.6% of traders are net-long indicating a mixed trading bias
The combination of current sentiment and recent changes gives us a further mixed USDJPY trading bias.
The combination of current sentiment and recent changes gives us a further mixed USDJPY trading bias.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bearish contrarian trading bias.
Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.
It’s been a rough start to the week for GBP bulls, and GBP/USD pushed down to fresh 18-month lows this morning, taking out a big support level in the process.
The ASX 200 has broken down to a new low for 2018, in the process putting focus on the long climb up from the lows of 2016
Brexit news propelled EUR/GBP prices higher despite technical bearish signs. If August 2018 highs are breached, bullish confirmation may result in testing August 2017 highs thereafter.
From a macro standpoint the DAX looks headed considerably lower, but in the near-term selling may be overdone.
The dollar was higher in N.Y. on Monday, taking the DXY to seven-session highs of 97.21, up from pre-open levels of 96.55. Stock market volatility reared its head again, leading to safe-haven Dollar buying. Cable losses led USD gains, as P.M. May postponed the parliamentary Brexit vote, leading the Pound to 20-month lows near 1.2500. […]
OVERVIEW The Euro hit a three month high against Pound as PM May pulls ‘meaningful vote’ Dollar rebounds from the biggest weekly drop in three months Canadian Dollar weakens once again as oil prices decline HIGHLIGHT Sterling broke through the critical 1.2700 level today on the news that PM May was going to delay the vote […]
Narrow ranges have prevailed so far today. EUR-USD has settled in the mid 1.1300s, consolidating losses from the mid 1.1400s that were seen yesterday, while USD-JPY has settled in the lower 113.0s after capping out at a one-week high yesterday at 113.36. Stock markets have found a footing on news that the U.S. and China […]
The Dollar traded moderately softer amid a backdrop of rebounding global stock markets, and was showing losses of between 0.2% and 0.5% versus the Yen, Euro and Sterling heading into the New York interbank open. The Pound managed to find a better footing after dropping sharply yesterday, recouping about a third of the lost ground. […]
SINGAPORE (Dec 11): US private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group…
KUALA LUMPUR (Dec 11): Lembaga Tabung Haji (TH) said the special purpose vehicle (SPV) under the Ministry of Finance (MoF) will be acquiring RM19.9 billion…
KUALA LUMPUR (Dec 11): Petroliam Nasional Bhd (Petronas) is maintaining a prudent view on the global oil market next year, as revealed in the latest…
PUTRAJAYA (Dec 11): The Malaysian Anti-Corruption Commission (MACC) today arrested former 1Malaysia Development Berhad (1MDB) chief executive officer Arul Kanda Kandasamy when he came to…
KUALA LUMPUR (Dec 11): Malaysia has made the biggest gain in Asian Corporate Governance Association’s (ACGA) survey this year, rising three spots to fourth place. The…
KUALA LUMPUR (Dec 11): Malaysian oil and gas companies can expect more decommissioning activities in the offshore upstream segment, said Petronas in its 2019-2021 Petronas…
KUALA LUMPUR (Dec 11): The new Pakatan Harapan (PH) government has spent RM3.21 billion to finance fuel subsidies from May to September this year, says…
KUALA LUMPUR (Dec 11): The FBM KLCI ended its trading session today in the red again, marking its sixth consecutive day of decline, due largely…
KUALA LUMPUR (Dec 11): Petroliam Nasional Bhd (Petronas) expects a better outlook in 2019 for key segments in the upstream oil and gas (O&G) sector,…
KUALA LUMPUR (Dec 11): Malaysia Airports Holdings Bhd (MAHB) is suing low-cost carrier AirAsia Group Bhd and its long-haul affiliate AirAsia X Bhd (AAX) for…