Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list. Australian Dollar – Retail FX traders remain long the Australian Dollar versus...
– Forex traders remain heavily long the Dollar against Major Counterparts – Technical forecasts line up with sentiment and leave us in favor of USD weakness...
Talking Points Break looming in USD/JPY? SPX turn window ahead Looking to fade a USD/CAD rally after NFPs New to Currency Trading? Learn More HERE Foreign...
Talking Points EUR/USD Technical Strategy: Sidelines Preferred Bullish Engulfing candlestick suggests run on 1.3900 to come Break above range-top needed to push prices to 1.3935/50 EUR/USD’s...
Talking Points AUD/USD Technical Strategy: Shorts Preferred Hammer formation signals potential for further recovery Key resistance at 0.9300, Support at 0.9200/10 in intraday trade The Aussie...
Talking Points GBP/USD Technical Strategy: Longs Preferred Gains may be set to continue with bearish candle lacking Daily close to open advance on August 2009 high...
Talking Points NZD/USD Technical Strategy: Sidelines Preferred Morning Star formation leads recovery in prices Break of resistance at 0.8600 opens further gains The Kiwi has broken...
Talking Points USD/CAD Technical Strategy: Sidelines Preferred Several Dojis signaled hesitation from the bulls above 1.1000 Inverted Hammer on 4 hour chart may see limited response...
Talking Points USD/JPY Technical Strategy: Longs preferred Evening Star may be overlooked given nearby buying support Harami in intraday trade suggests bounce back to range-top USD/JPY...
Pivot: 141.5 Our preference: Long positions above 141.5 with targets @ 142.15 142.45 in extension. Alternative scenario: Below 141.5 look for further downside with 141.15 140.95...