Tag Archives: KLCI
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Weekly CoT Update: Speculative Selling in Gold Proving Untimely
Last week, large speculators increased their short gold position for a fourth week in a row, and so far that is looking like an untimely maneuver.
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GBP/USD: Weekly Short Positions Increase 14% Sparking Bullish Bias
Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long.
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Nikkei 225 May Extend Losses Amid Global Stock Sell-Off
The Nikkei 225 recently came off fresh 27-year highs to plummet back to September 2018 levels during market-wide risk aversion. Negative RSI divergence may point to a larger reversal.
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NZD/USD Technical Analysis: Six-Month Trend Resistance Under Fire
New Zealand Dollar rebounded against its US counterpart as expected, triggering a test of trend resistance guiding the currency lower since mid-April.
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