Tag Archives: Share Trading

The Euro recoiled from two-month trend line resistance against the US Dollar but sellers are still unable to punch through long-standing congestion area support.

The Canadian Dollar has fallen alongside most majors against the US Dollar and could continue to drag until the calendar lights up in early May.

The market sold off the past few sessions and with comes increased potential for significant topping formations to come to fruition.

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

The British Pound has had a rather active month of April, and this leads into a May ‘Super Thursday’ event that continues to carry strong odds of a rate hike.

So much for hedge funds having a good month. Two of the most popular trades, USD-short, and FAANG-BAT long has hit the skids.