Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bearish contrarian trading bias.
The US Dollar is looking increasingly vulnerable to ASEAN FX, with USD/SGD and USD/THB breaching key support. USD/IDR is eyeing a Rising Wedge, USD/PHP may face February lows.
Aussie has surged more than 3% off the monthly low with the breakout now eying uptrend resistance. Here are the levels that matter on the AUD/USD technical charts.
The British Pound’s recent weakness against its haven-associated counterparts may prove short-lived, as bullish technical setups take shape on longer-term timeframes. Key levels for GBP/USD, GBP/JPY.
Bitcoin struggled to maintain a push into record highs and appears to be vulnerable to a near-term pullback. Litecoin and Ethereum saw more aggressive gains, will their momentum accelerate?