Tag Archives: Share Trading

A quick glance at the FX momentum scoreboard shows US Dollar in an odd place a top the momentum leaderboard as inflation concerns cause an unwind of the consensus trade.

EURUSD sentiment has closed the day positive for the first time since April 2017. This, coupled with our Elliott Wave analysis is a longer-term bearish signal for EURUSD.

The US Dollar Index (DXY) has traded aggressively higher over the last week and the positioning and the technical picture should hold your attention. Here are the levels and developments to watch.

US Dollar Index advances in a bullish Elliott Wave sequence as large speculators are the most net short in four years.

The ASX 200 has managed a textbook consolidation and looks set for more gains. Beware 6,000 though.The usual warnings apply to that elusive high.

The Australian Dollar pierced support guiding the currency higher against its US counterpart since January 2016, signaling a tectonic trend change is in progress.

After an extended period of rand strength, the following charts highlight what could be the early stages of a larger trend reversal starting to emerge against developed market currency peers, the USD, GBP and EUR