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The Canadian Dollar has responded to multi-week uptrend support– Loonie levels are set heading into July, NFP. The levels that matter on the USD/CAD technical charts.

The final days of June and first days of July bring forth a mixed macro calendar.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bullish contrarian trading bias.

Euro and GBP feel the bulk of the US Dollar short squeeze.

The US Dollar has held on to a large portion of the FOMC-fueled gain, but USD bulls face their first major test in this week's PMI and NFP releases.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.

The price of gold may face headwinds ahead of the US Non-Farm Payrolls (NFP) report as Fed officials show a greater willingness to scale back monetary support.

The DXY stabilized last week after its big jump the week before; the basing price action has it ready to push towards higher levels in the near-term.

South Africa faces renewed lockdown measures, potential turning point for USD/ZAR?

AUD reaction to renewed lockdown limited, key US data to driver sentiment this week.