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[clairedmaddox]

Euro Strikes Balance as Vaccine Hopes Offset by European Covid Spread

Hope was the big item to start the week and it couldn't come at a better time as Europe continues to struggle with Covid. Euro Strikes Balance as Vaccine Hopes Offset by European Covid Spread published first on your-t1-blog-url

[clairedmaddox]

USD/MXN Technical Outlook in Limbo as USD Still Has Loose Footing Against the Peso

The Peso is still weighing on the Dollar in the near and intermediate-term, but longer-term outlook still remains tilted in favor of the Dollar. USD/MXN Technical Outlook in Limbo as USD Still Has Loose Footing Against the Peso published first on your-t1-blog-url

[clairedmaddox]

Sterling Forecast: Cable Caught by Uptrend Resistance- GBP/USD Levels

Sterling tanked more than 1.3% off the highs after reversing off technical uptrend resistance- what now? Here are the levels that matter on the GBP/USD technical charts. Sterling Forecast: Cable Caught by Uptrend Resistance- GBP/USD Levels published first on your-t1-blog-url

[clairedmaddox]

S&P 500, Nasdaq 100 Charts – Stocks Up, Now What?

With the U.S. markets sitting on or near record highs traders are asking themselves if it is sustainable or not for now the trend should be respected, but a pullback may develop. S&P 500, Nasdaq 100 Charts – Stocks Up, Now What? published first on your-t1-blog-url

[clairedmaddox]

US Dollar Breakouts Struggling to Hold? USD/SGD, USD/IDR, USD/MYR, USD/PHP

The US Dollar extended losses against ASEAN currencies, but some breakouts struggled holding. What is the road ahead for USD/SGD, USD/IDR, USD/MYR and USD/PHP? US Dollar Breakouts Struggling to Hold? USD/SGD, USD/IDR, USD/MYR, USD/PHP published first on your-t1-blog-url

[clairedmaddox]

Australian Dollar Forecast: Aussie Rally at Critical Trend Resistance

Australian Dollar is testing a critical technical confluence at multi-year downtrend resistance. These are the levels that matter on the AUD/USD weekly technical chart. Australian Dollar Forecast: Aussie Rally at Critical Trend Resistance published first on your-t1-blog-url

[clairedmaddox]

Gold Price & Silver Technical Outlook: Support Test Nearing

Gold is on the verge of a lower-low which would bring in a support test, while silver congestion narrows into a wedge pattern. Gold Price & Silver Technical Outlook: Support Test Nearing published first on your-t1-blog-url

[clairedmaddox]

Australian Dollar Technical Forecast: AUD/USD, AUD/CAD, AUD/NZD, AUD/CHF

The Australian Dollar may climb against the US Dollar, but it’s struggling to do the same against the Canadian Dollar. AUD/NZD could fall as AUD/CHF remains in range-bound trade. Australian Dollar Technical Forecast: AUD/USD, AUD/CAD, AUD/NZD, AUD/CHF published first on your-t1-blog-url

[clairedmaddox]

S&P 500, Dow Jones, Gold Outlook: Post Election Retail Positioning Analysis

Is the S&P 500 at risk to a turn lower based on retail positioning in the aftermath of the US presidential election? If so, will the Dow Jones and gold prices follow? S&P 500, Dow Jones, Gold Outlook: Post Election Retail Positioning Analysis published first on your-t1-blog-url

[clairedmaddox]

US Dollar Cycle Analysis: Implications for DXY, EUR/USD, AUD/USD

The US Dollar may continue to lose ground as long-term price analysis hints at a cyclical downturn. Implications for the DXY, EUR/USD and AUD/USD. US Dollar Cycle Analysis: Implications for DXY, EUR/USD, AUD/USD published first on your-t1-blog-url

[clairedmaddox]

Euro Outlook: EUR/USD Breakout Fails Resistance- Election Rally Over?

Euro snapped a four-day winning streak yesterday with price reversing off the 2020 high-day close. These are the levels that matter on the EUR/USD technical charts. Euro Outlook: EUR/USD Breakout Fails Resistance- Election Rally Over? published first on your-t1-blog-url

[clairedmaddox]

EUR/CHF IG Client Sentiment: Our data shows traders are now net-short EUR/CHF for the first time since Jun 11, 2020 when EUR/CHF traded near 1.07.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bullish contrarian trading bias. EUR/CHF IG Client Sentiment: Our data shows traders are now net-short EUR/CHF for the first time since Jun 11, 2020 when EUR/CHF traded near 1.07. published first on your-t1-blog-url

[clairedmaddox]

DAX 30, CAC 40 Technical Analysis: Sharp Surge Changes Outlook

The European indices burst from multi-month lows in recent sessions; has important top-side levels in play. DAX 30, CAC 40 Technical Analysis: Sharp Surge Changes Outlook published first on your-t1-blog-url

[clairedmaddox]

Australian Dollar Technical Forecast: AUD/USD, AUD/CAD, AUD/NZD, AUD/CHF

The Australian Dollar may climb against the US Dollar, but it’s struggling to do the same against the Canadian Dollar. AUD/NZD could fall as AUD/CHF remains in range-bound trade. Australian Dollar Technical Forecast: AUD/USD, AUD/CAD, AUD/NZD, AUD/CHF published first on your-t1-blog-url

[clairedmaddox]

New Zealand Dollar Outlook: NZD/USD, NZD/JPY, GBP/NZD, NZD/CHF

The New Zealand Dollar could be poised to extend gains against its major counterparts, with multiple bullish technical setups seen across several NZD crosses. New Zealand Dollar Outlook: NZD/USD, NZD/JPY, GBP/NZD, NZD/CHF published first on your-t1-blog-url

[clairedmaddox]

Gold IG Client Sentiment: Our data shows traders are now at their most net-long Gold since Oct 30 when Gold traded near 1,878.85.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Gold-bearish contrarian trading bias. Gold IG Client Sentiment: Our data shows traders are now at their most net-long Gold since Oct 30 when Gold traded near 1,878.85. published first on your-t1-blog-url

[clairedmaddox]

FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Aug 13, 2020 when FTSE 100 traded near 6,189.00.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias. FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Aug 13, 2020 when FTSE 100 traded near 6,189.00. published first on your-t1-blog-url