Connect with us
Japanese Yen – Last week I cited retail and professional speculative positioning as a key reason for a USDJPY tumble, but we’re seeing early signs that...
SPX500 –Clear retail sentiment extremes timed almost the exact top in the SP 500, and continued retail buying leaves us in favor of further SPX500 losses....
GBPUSD – The British pound has hit important highs and retail forex crowds continue selling—we view this as a contrarian signal that the GBPUSD may continue...
Retail forex trader data shows that the Australian Dollar likely set a substantial low, while the Japanese Yen might have topped. Here is a rundown of...
ASIA/EUROPE FOREX NEWS WRAP The USDJPY fell to its lowest level in two months – since April 4, the day that the Bank of Japan unveiled...
GBP/JPY Technical Analysis– Prices are testing below axis line support at 149.70, a barrier reinforced by the 38.2% Fibonacci retracementat 149.53, to challenge the 50% level...
USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair is testing below support at a rising trend line...
Pivot: 1365.00 Our preference: LONG positions above 1365 with targets @ 1402 1423. Alternative scenario: The downside penetration of 1365 will call for a slide towards...
USD/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern, taking out support marked by arising trend line set from early...
US Dollar Technical Analysis– Prices moved lower as expected after putting in a Bearish Engulfing candlestick pattern. Prices are now testing below key support at a...