Tag Archives: KLCI

There was a bit of a shuffle in the JPY contract; crude oil longs have been right, but could that soon change with long-term resistance ahead?

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

The Euro may rebound against the US Dollar after stalling near the 1.16 figure but gains are expected to be corrective within the context of a broader down move.