Tag Archives: Share Trading

The Australian Dollar has been confined between key support and resistance against its US counterpart. The gap is slowly closing and either direction could have long-term implications.

Dollar weakness remains in most major currency pairs, but in USD/CHF, prices have rallied up to a fresh two-month high just last week. Buyers showing support above the .9500 figure keeps the door open for topside approaches.

The price of Brent crude oil is in a clearly-defined downward trend on the daily chart but any losses from here are likely to be small near-term as the price approaches several important support levels.

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

Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.

The bullish trend in GBP/USD is now more than a year old, and prices have re-scaled the 1.4000 psychological level. Are bulls ready to pose a re-test of March highs?

GBP/JPY continues to recover from the February sell-off in the pair, and prices have just found resistance at the 76.4% retracement of the ‘Brexit move’.

The FX market is placing a premium on the British Pound as Brexit optimism reigns and risk premium erodes while the USD and AUD are sold on demand doubts.

Crude oil demand data from China may be an omen of lower demand as high China port inventory may be a warning sign despite WTI rising the most in two-weeks.

The ASX 200‘s latest advance seem to be petering out before it has overcome the previous significant peak. Failure puts key support in focus

Large speculators trading the Japanese Yen turned net-long for the first time since late 2016; a couple of factors suggest more buying to come.

The Canadian Dollar continues to strengthen on multiple forces that include positive NAFTA developments, strengthening commodity prices, and a weaker US Dollar.