The Japanese Yen faces its next key technical challenge against the US Dollar and Euro. USD/JPY upside momentum is fading as EUR/JPY faces an imminent Rising Wedge breakout.
Crude oil prices have extended a near-term winning streak from last week. In response, retail traders are becoming slightly more bearish. Is this a sign that WTI may continue higher?
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.
The British Pound continues to face a bearish Head & Shoulders chart formation against the US Dollar. Meanwhile, EUR/GBP faces the 100-day moving average as prices bounce off support.
Gold prices surged higher as a miss in US job openings fueled a lower terminal Federal Funds Rate. Now, retail traders are more bearish than before. Will gold continue higher?
While the Canadian Dollar has been losing ground to the US Dollar, early warning signs have emerged that USD/CAD could be readying to turn lower. What are key levels to watch?
Gold prices have extended a cautious march towards a key falling trendline from earlier this year. With retail traders becoming more bearish, will XAU/USD push higher next?