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 USD/CAD-bearish contrarian trading bias.

The US Dollar is on the defensive against the Singapore Dollar, with the Indonesian Rupiah gaining. USD/MYR is following a long-term falling trend line, with USD/PHP pressuring key support.

Getting a handle on the euro hasn’t been easy the past three months, but the period is starting to shape up as a large consolidation period that could lead to a big run.

The British Pound could come under pressure, as bearish technical setups begin to take place on multiple GBP crosses. GBP/USD, GBP/JPY, GBP/NZD levels to watch.