Tag Archives: FTSE

USD/JPY traders still haven’t got any more than their two-month old range to play with, but it’s quite wide and offers them plenty of room

Recent changes in sentiment warn that the current USDJPY price trend may soon reverse higher despite the fact traders remain net-long.

The Euro is now being held up by a well-established rising trend line from 2017. While there are reversal warnings on the weekly chart, confirmation will be needed.

The DAX continues to bounce its way lower, with potential for sellers to show up in droves and push the index sharply lower.

The lay of the 20, 50 and 200 day simple moving averages reminds us of the negative trend bias