Euro Technical Outlook: EUR/USD Bounce Brings Fade Potential
A Euro recovery into the October open may be vulnerable as price approaches the first major resistance. Here are the levels that matter on the EUR/USD weekly chart.
Tag Archives: FTSE
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Gold Price Technical Outlook: Trying to Hurdle Resistance as USD Weakens
Gold is on the verge of breaking resistance while the USD breaks down…
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Canadian Dollar Outlook: USD/CAD Probes Pivotal Support- Loonie Setup
Canadian Dollar offensive may be vulnerable here as the USD/CAD pullback tests a key inflection zone. These are the levels that matter on the Loonie technical charts.
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Oil – US Crude IG Client Sentiment: Our data shows traders are now net-short Oil – US Crude for the first time since Aug 31, 2020 when Oil – US Crude traded near 4,309.70.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil – US Crude-bullish contrarian trading bias.
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