GBPUSD: 53.8% of Traders Are Net-Long

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


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EUR/USD: Traders Increase Their Long Positions

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


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S&P 500 Rally Pushing Bearish Limits; Gold Price Rally Incomplete?

The SP 500 rally has pressed limits to an immediate extended third wave correction. Gold price rally appears incomplete in Elliott wave terms.


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Bitcoin: Net-Long Positions Continue to Increase

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


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US Dollar Weekly Price Outlook: DXY Breakdown Threatens More Losses

The US Dollar Index is down more-than 2% from the December high with the reversal breaking below key support. Here are the levels that matter on the DXY weekly chart.


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Weekly Trade Levels for EUR/USD, GBP/USD, AUD/USD, Gold, Crude & More

Webinar highlighting active trade setups we’re tracking across the US Dollar Majors. Here are the updated targets & invalidation levels that matter this week


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USD/CAD Bear-Flag Starts to Take Shape Amid Shift in Retail Interest

The failed attempt to test the December-low (1.3160) appears to be spurring a shift in retail USD/CAD interest even as a bear-flag formation starts to take shape.


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DXY Index Hangs on by a Thread, Pound Rallies ahead of Key Brexit Vote

Meanwhile, with global equity markets jittery and yields dropping after the latest Chinese trade figures, Gold’s consolidation is worth another look.


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Sterling (GBP) Week Ahead: Beware of False Brexit Break-Outs

The meaningful Brexit vote takes place Tuesday evening with PM May’s bill likely to be defeated heavily and Sterling remains bid ahead of the vote.


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GBP up Before Brexit Storm, EUR Resilient, AUD Underperforms - US Market Open

Ahead of the crucial Brexit vote tomorrow evening, GBP is slightly firmer this morning. AUD underperforms on soft Chinese data.


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AUD Technical Analysis Overview: AUDUSD, AUDJPY, AUDNZD

Gain in AUDUSD stalled, however, DMA support curbs further selling. AUDJPY risks remain tilted to the downside, while AUDNZD momentum slows.


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DAX 30 & CAC 40 Technical Forecast – Looking for More Near-term Weakness

Eurozone equities have weakened a bit the past couple of sessions, expecting more of a this in the near-term as the bounce off the lows undergoes its first test.


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USD/JPY Flash-Crash Rebound Looks to U.S. Retail Sales for Fuel

Data prints coming out of the U.S. economy may fuel the USD/JPY rebound following the flash-crash if the developments instill an improved outlook for growth and inflation.


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Crude Oil Analysis: Crucial Support Broken, Room for Further Losses

Oil prices dipped overnight after poor China trade data, which has led to fears of a Chinese slowdown resurfacing.


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Sterling (GBP): PM May Drinking in The Last Chance Saloon

The UK government is trying to force through their unpopular Brexit bill by claiming that the UK is more likely to stay in the EU if they reject the PM’s plan.


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Yen May Extend Rise on Trade War, US Shutdown, Brexit Uncertainty

The Japanese Yen may rise further as signs of economic damage from the US-China trade war are compounded by the ongoing US government shutdown and Brexit uncertainty.


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USD/SEK to Rise on Weak Nordic Growth and European Turmoil

USD/SEK technical outlook indicates a bullish trend for 2019 amid forecasts of slower growth in Sweden and political turmoil in the EU.


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Cautious Fed, USD Drop Gives Bank of Indonesia Chance to Lift IDR

A cautious Fed weakened the US Dollar as stocks rose, giving the Bank of Indonesia a chance this week to boost the Indonesian Rupiah. Rosy US economic data a risk to ASEAN FX.


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USD/SEK May Trade Higher on Soft CPI Data - Nordic Growth to Slow

USD/SEK may break into a new trading range when Sweden’s CPI data is released on January 14. Economists and Riksbank officials are worried about unexpectedly slower growth.


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Asia Pacific Stocks Fall, Yen Gains as Viacom Signals China Exit

Risk appetite soured as Viacom said that it may exit its China operations. The news sank Asia Pacific stocks while the anti-risk Japanese Yen traded higher.


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