The Dow Jones and S&P 500 remain vulnerable to rising net-long retail trader positioning bets. Will dominant uptrends from last year’s bottom hold? Eyes are on support.
Oil prices surged more than 17% off the March low with the rally probing resistance for a third consecutive week. The levels that matter on the WTI technical chart.
The US Dollar is losing ground against a few ASEAN counterparts. USD/SGD, USD/IDR and USD/PHP seem to be maintaining a downside bias. USD/THB may rise, however.
Canadian Dollar breakout enters week-seven as USD/CAD plunges into support at fresh multi-year lows. The technical levels that matter on the Loonie weekly chart.
The US Dollar is losing ground against a few ASEAN counterparts. USD/SGD, USD/IDR and USD/PHP seem to be maintaining a downside bias. USD/THB may rise, however.