Gold Price Forecast: Reversal from May Low Brings June High on Radar

The technical outlook for gold brings the monthly high ($1746) on the radar as the pullback from the yearly high ($1765) reverses ahead of the May low ($1670).

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2NcSSzo
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Canadian Dollar Price Outlook: USD/CAD Recovery Stalls– Loonie Levels

Loonie may be poised for a counteroffensive against the dollar after this recent rebound in USD/CAD. Here are the technical levels that matter on the weekly price chart.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2YgbHbe
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FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Jun 09, 2020 when FTSE 100 traded near 6,346.00.

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.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/30ZPlwq
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Canadian Dollar Price Outlook: USD/CAD Recovery Stalls– Loonie Levels

Loonie may be poised for a counteroffensive against the dollar after this recent rebound in USD/CAD. Here are the technical levels that matter on the weekly price chart.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2YgbHbe
via IFTTT

FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Jun 09, 2020 when FTSE 100 traded near 6,346.00.

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.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/30ZPlwq
via IFTTT