Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Jun 16, 2020 15:00 GMT when Wall Street traded near 26,276.60.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3dysw5w
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NZD/USD Price Outlook: RBNZ Jawbones New Zealand Dollar Lower

The New Zealand Dollar takes a nosedive owing to increasingly dovish monetary policy outlook from the RBNZ with weakness in spot NZD/USD exacerbated by the market's latest risk-off mood.

from DailyFX – Market News https://bit.ly/3eqQBfX
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US Dollar Ticks Higher on Downgraded IMF Global Growth Forecast

US Dollar price action is ticking higher following the downgraded IMF global growth forecast, revealing a deeper downturn for 2020 and more sluggish recovery for 2021

from DailyFX – Market News https://bit.ly/2Nt0XQE
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Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Jun 16, 2020 15:00 GMT when Wall Street traded near 26,276.60.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3dysw5w
via IFTTT

Euro Technical Outlook: EUR/USD Trend Compression- Breakout Levels

The Euro it attempting to snap a two-week losing streak but remains vulnerable while below the yearly highs. Here are the levels that matter on the EUR/USD weekly chart.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2A0SYar
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