USD/CAD Technical Analysis: May Be Near Confirming a Bullish Bias
The USD is trying to swing higher across the board, versus CAD it could gain some traction here soon with a confirmed break of an important threshold.
EUR/CHF IG Client Sentiment: Our data shows traders are now at their least net-long EUR/CHF since Nov 20 when EUR/CHF traded near 1.08.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bullish contrarian trading bias.
Oil – US Crude IG Client Sentiment: Our data shows traders are now at their least net-long Oil – US Crude since Jan 06 when Oil – US Crude traded near 5,008.80.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil – US Crude-bullish contrarian trading bias.
Gold Price Outlook: Gold Breakdown Plunges into Downtrend Support
The late-February breakdown may be losing some steam as the multi-week decline probes trend support. Here are the levels that matter on the XAU/USD technical charts.
S&P 500 and Nasdaq 100 Technical Analysis: Looking Lower Still
The S&P 500 is rolling over, looking past the March trend-line while the Nasdaq 100 is well below that threshold triggering a bearish pattern.
US Dollar Breakouts Search for Momentum: USD/SGD, USD/IDR, USD/PHP, USD/THB
The US Dollar faces its next key tests against ASEAN FX following gains in USD/SGD, USD/IDR, USD/PHP and USD/THB. Are the breakouts losing momentum?
Monthly Forex Seasonality – March 2021: 'Dollars' Mixed but Gold, Stocks Favor Weakness
In recent years, March has produced EUR/USD gains, and losses by USD/JPY, gold, and stocks. It’s a mixed bag.
British Pound Forecast: Digesting Gains Around Spring Budget – Levels for GBP/JPY, GBP/USD, EUR/GBP
After a strong run higher, the British Pound may be due for a period of pullback, if not consolidation, before further gains.
Gold Trading Soft, Silver Price Trying to Hold Important Support
Gold has been pressing on a long-term threshold for several weeks; a breakdown may lead to another leg of selling.
Dow Jones, S&P 500 Outlook: Retail Trader Signals Hint to Proceed With Caution
Retail trader signals still hint that the Dow Jones and S&P 500 may be at risk, placing the focus on year-long rising trendlines to see if dominant upside biaseshold.