Connect with us
Gold–Retail forex traders remain short Gold versus the US Dollar (ticker: USDOLLAR) for the second-consecutive trading week for the first time since it traded near $1800—we...
EURUSD – An aggressive turnaround in the Euro has been met with a similarly pronounced shift in forex trading crowd positions, and our sentiment-based strategies have...
GBPUSD – Aggressive forex crowd selling led our sentiment-based Momentum2 system to buy the British Pound versus the US Dollar, but a GBPUSD stall at critical...
AUDUSD – Forex trading crowds have aggressively bought into Australian Dollar weakness versus the US Dollar, and our contrarian trading systems have sold AUDUSD in anticipation...
SPX500 –At the risk of sounding repetitive, retail CFD speculators remain aggressively short the SPX500 contract and we maintain our contrarian forecasts for further record-peaks. Trade...
Japanese Yen – The Japanese Yen continues to trade mostly sideways after several months of explosive declines, and choppy crowd sentiment suggests it could remain range-bound...
Our sentiment-based strategies got caught on the wrong side of an important Euro sell-off and US Dollar (ticker: USDOLLAR) bounce, and indeed we see early signs...
Pivot: 1.314 Our preference: Short positions below 1.314 with targets @ 1.305 1.301 in extension. Alternative scenario: Above 1.314 look for further upside with 1.318 1.32...
Pivot: 96.95 Our preference: Long positions above 96.95 with targets @ 98.2 98.5 in extension. Alternative scenario: Below 96.95 look for further downside with 96.55 96.1...
US Dollar Technical Analysis– Prices broke support at a rising trend line set from late February to challenge the 10424-28 area marked by the 23.6% Fibonacci...