The Canadian Dollar has responded to multi-week uptrend support– Loonie levels are set heading into July, NFP. The levels that matter on the USD/CAD technical charts.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bullish contrarian trading bias.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.

The DXY stabilized last week after its big jump the week before; the basing price action has it ready to push towards higher levels in the near-term.

The US Dollar struggled to extend gains against most ASEAN currencies this past week. Could its momentum be rekindled looking at USD/SGD, USD/THB, USD/IDR and USD/PHP?

The US Dollar (via the DXY Index) has begun to trade in a sideways consolidation ahead of the June US nonfarm payrolls report.

AUD/USD made a comeback this week and recaptured the 200-day Simple Moving Average, shifting optimism back to Aussie Dollar bulls.

Sterling snapped a three-week losing streak but the recovery remains vulnerable into the monthly close. Here are the levels that matter on the GBP/USD weekly technical.

The Nasdaq 100 index saw a “Shooting Star” candlestick forming on the daily chart, hinting at a potential near-term pullback. The overall uptrend remains intact though.

USD/CAD retraced a big chunk of the Fed sparked rally; next week we may find out whether the pullback becomes a full reversal or not.