Tag Archives: FTSE
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S&P 500: Net Shorts Continue Around Highest Yearly Levels
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.
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EUR/JPY Finds Fibonacci Support; But Can it Quell the Sell-Off?
EUR/JPY is bouncing from a familiar Fibonacci level, but after becoming well-worn so far in the month of August, for how much longer can this stem the tide from sellers?
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GBP/USD: Cable Crushed Through 1.3000, More Pain in Store?
The British Pound has been in a hard-sell posture since last week’s BoE rate hike, and with a dovish Bank of England now coupled with a brutal amount of uncertainty around Brexit, there seems to be little by way of positivity around GBP.