Tag Archives: FTSE

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bearish contrarian trading bias.

Dollar was weak but Sterling was even weaker with a massive weekly reversal in GBP/USD off multi-year highs. Here are the levels that matter on the Pound weekly chart.

USD/CAD is below a couple of degrees of large support, but a bounce may develop before resuming lower to test more support levels from 2018.

The move higher in Aussie may at the least pause in the coming week as the trend becomes extended; short-term technical structure to watch.