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Pivot: 19.80 Our preference: LONG positions above 19.8 with targets @ 20.6 21. Alternative scenario: The downside penetration of 19.8 will call for 19.6 19.2. Comment:...
Pivot: 0.797 Our preference: Long positions above 0.797 with targets @ 0.806 0.81 in extension. Alternative scenario: Below 0.797 look for further downside with 0.793 0.788...
Lost in the excitement over Aussie volatility is the ongoing selloff in USDJPY, which continues to run without much resistance, effectively calling into question one of...
EURUSD – Wow. According to FXCM Execution Desk data, retail traders have literally never been this short the Euro against the US Dollar. What now? Trade...
Japanese Yen – Forex trading crowds are buying aggressively into US Dollar (ticker: USDOLLAR) weakness across the board. Does this mean we see further USDJPY lows?...
AUDUSD – Forex trading crowds remain aggressively long the Australian Dollar against its US namesake—normally enough to keep us bearish. But we see material risk of...
Gold–The US Dollar is falling across the board, but Gold is falling even further—is this confirmation of a major turn lower in Gold prices? Trade Implications...
GBPUSD – Forex trading crowds are their most short British Pound against the US Dollar since it traded above $1.62 in January—does this mean we make...
SPX500 –Trading crowds remain incredibly short the SPX500, which tracks the fair value of the SP 500 futures price. This in itself suggests the stock market...
Forex crowd positions on EURUSD are at records. What does extreme positioning mean for the Euro, Japanese Yen, British Pound, Australian Dollar, and Gold? View individual...