US Dollar Forecast: Significant Technical Damage Sustained – Levels for DXY Index & USD/JPY

The US Dollar (via the DXY Index) has quickly exited its multi-month consolidation to the downside, but one pair has largely been absent from the move.

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Gold Price Technical Outlook: Moment of Truth for XAU/USD Bulls

Gold prices plummeted more than 1% into the June open with the sell-off now approaching uptrend support. Here are the levels that matter on the XAU/USD technical charts.

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EUR/GBP IG Client Sentiment: Our data shows traders are now net-long EUR/GBP for the first time since May 20, 2020 when EUR/GBP traded near 0.90.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3dqc4Fg
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Gold Price Technical Outlook: Moment of Truth for XAU/USD Bulls

Gold prices plummeted more than 1% into the June open with the sell-off now approaching uptrend support. Here are the levels that matter on the XAU/USD technical charts.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/36W2eIQ
via IFTTT

EUR/GBP IG Client Sentiment: Our data shows traders are now net-long EUR/GBP for the first time since May 20, 2020 when EUR/GBP traded near 0.90.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3dqc4Fg
via IFTTT