Tag Archives: FTSE
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GBP/USD: Cable Crumbles After Year-End Rally Falls Short of Dec Highs
Bears are back in the British Pound, as the year-end rally in GBP/USD has given way to another test below the 1.2600-handle.
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EUR/USD Hits 2-week Lows, Outlook Bearish
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias.
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S&P 500 May Reverse Higher As Sentiment Shifts
Recent changes in sentiment warn that the current US 500 price trend may soon reverse higher despite the fact traders remain net-long.
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Stronger Bitcoin-Bearish: Most Traders Stay Net-Long
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Bitcoin-bearish contrarian trading bias.
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NZD/USD Technical Analysis: 2-Month Low Hit, Deeper Drop Expected
The New Zealand Dollar has dropped to a two-month low after topping below 0.70 as expected. Overall positioning hints a move below 0.66 is in the cards.
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Nikkei 225 Technical Analysis: Chart Pennant Suggests Further Falls
The Nikkei 225 is at what could be key junctures on both its daily and monthly charts, and things won’t look good for the bulls if support gives way