The ECB Hikes Rates but the US Dollar Dominates Market Activity

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias.

The Japanese Yen is leveling off against the US Dollar with upside momentum fading. Meanwhile, will the New Zealand Dollar reverse higher against JPY?

The Euro appears to have conflicting trends in play against the US Dollar and Japanese Yen while the range could be confirmed for EUR/GBP. Where to for EUR/USD, EUR/JPY and EUR/GBP?

While the British Pound has been stabilizing against the US Dollar, retail traders have been slowly becoming more bearish. Will GBP/USD turn higher on the 200-day Moving Average?

The Australian Dollar continues to face key turning points against the US Dollar and Japanese Yen. AUD/USD downside momentum is fading, and an AUD/JPY triangle breakout seems imminent.

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

Crude oil prices closed at the highest since the middle of November and retail traders continue to become increasingly bearish. Will WTI continue its journey higher ahead?

Gold and silver prices face a somewhat divergent technical landscape. A key trendline is maintaining the bearish XAU/USD outlook while XAG/USD remains range-bound.

The Euro is setting the stage for a win this week and retail traders are starting to become more bearish. Is the latter a sign EUR/USD could continue higher from here?