Tag Archives: Share Trading

The current USDJPY price trend may soon reverse higher despite the fact traders remain net-long.

The combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.

The current EURUSD price trend may soon reverse higher despite the fact traders remain net-long.

When a big move happens in markets, it’s often hard to make sense of it. That’s when traders can benefit from looking to longer-term charts that can clarify the outlook.

The Japanese Yen remains under fundamental and technical pressure. If it’s going to get any near-term respite, it’s hard to see from where it might come

The Canadian Dollar strengthened through the 50-DMA despite Tuesday’s US Dollar breakout. Supported crude oil and economic data may help CAD against weaker-FX.

The footsie has essentially shredded any levels which has stood in its way on firming risk appetite and a sharply declining pound.

The Euro looks vulnerable to deeper losses against the British Pound after prices broke support guiding the upswing from lows set in mid-April.

Crude oil jumped on the release of weekly EIA inventory data on Wednesday, but two-way news flow as IEA cut demand forecasts kept the bullish market in consolidation.