Tag Archives: FTSE

The USD has been mounting a small comeback versus the Peso, but trend and resistance stand in the way of a larger advance.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bullish contrarian trading bias.

Gold has continued to digest for much of the past six months, but this week saw Silver bulls show up in a very pronounced manner.

The Dow Jones entered a technical correction after breaking the “Ascending Channel” formed since early November. MACD divergence points to bearish momentum that may lead to a deeper pullback.