Tag Archives: FTSE

The Euro is attempting to resume its dominant downtrend against the British Pound, but more closes to the downside in EUR/GBP are required before arguing that pair may reverse lower.

The Australian Dollar may be resuming the downtrend against its US counterpart. Sellers might be looking for a near-term bounce to create a trading opportunity.

The DAX and CAC are turning down from big spots on the weekly chart, working on breaking the upward trends off the December lows.

USDCAD continues to firm following 200DMA bounce, EURCAD upside looks limited amid topside resistance.

It was a busy week for Cable traders as the GBP/USD pullback continued into the early portion of the BoE’s first Super Thursday of 2019.

Strength in the Australian Dollar fell apart, but confirmation is needed before arguing AUD/USD may extend declines. AUD/NZD consolidation held while AUD/CAD attempts a breakout.

The Japanese Yen has slipped a little against the US Dollar in the past week but its old range hasn’t been conclusively abandoned quite yet.

GBPUSD losses curbed by key Fibo, while topside resistance keeps EURGBP upside limited.

Extended has become more extended as new resistance levels come into view, still waiting on price action to suggest the rally is due for a breather or over.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.

New Zealand Dollar technical positioning hints prices may be carving out a double top below the 0.70 level against the currency’s US counterpart.