Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias.
The Euro appears to have a trend unfolding against the US Dollar, but ranges might be in play against the Japanese Yen and British pound. Where to for EUR/USD, EUR/JPY and EUR/GBP?
JPY’s slide is looking tired against some of its peers, raising the risk of a minor rebound. What are the key levels to watch in USD/JPY, AUD/JPY, and EUR/JPY?