AUD/USD bounces back from a fresh 2021 low (0.7477), with the RSI indicating a textbook buy signal as it rebounds from oversold territory and climbs back above 30.
Disaster has struck the technical formations of the major indices as the Dow Jones, DAX 30 and FTSE 100 have all broken beneath crucial trendlines that might allow losses to…
After showing one of the cleanest USD trends coming into June, USD/CAD has reversed aggressively as the Fed took on a less dovish tone. Do USD/CAD bulls have more room…
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bearish contrarian trading bias.
USD/JPY appears to have reversed course ahead of the 2021 high (110.97) as the exchange rate carves a series of lower highs and lows from the June high (110.82).
The rand is slowly clawing back lost gains after last weeks poor performance against the dollar. This being said, was last week an overreaction to the Fed announcement or will…