USD/ZAR – Dollar vs Rand, Bounce May Morph into a Full-on Rally

USD/ZAR came off the floor this month hard, but still some work to be done to turn short-term strength into a full-on rally.

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

GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since Jun 03, 2020 when GBP/USD traded near 1.26.

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

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

USD/ZAR – Dollar vs Rand, Bounce May Morph into a Full-on Rally

USD/ZAR came off the floor this month hard, but still some work to be done to turn short-term strength into a full-on rally.

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

GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since Jun 03, 2020 when GBP/USD traded near 1.26.

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

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