US Dollar Price Outlook: USD Pushes Towards Big Zone of Key Support

The US Dollar is pushing towards two-year-lows, but a potentially problematic area on the chart lies ahead for bears.

from DailyFX – Market News https://bit.ly/2Dczdy2
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GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Aug 24, 2020 13:00 GMT when GBP/JPY traded near 138.47.

Positioning is more net-long than yesterday but less net-long from last week. The combination of current sentiment and recent changes gives us a further mixed GBP/JPY trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/32J4ukO
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GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Aug 24, 2020 13:00 GMT when GBP/JPY traded near 138.47.

Positioning is more net-long than yesterday but less net-long from last week. The combination of current sentiment and recent changes gives us a further mixed GBP/JPY trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/32J4ukO
via IFTTT

Markets Week Ahead: Gold, Dollar, Dow, Euro, AUD, PMIs & Job Data

The US Dollar whipsawed violently last week amid the Fed Symposium, but a pro-risk tone ended up prevailing as stock markets hit fresh record highs and AUD/USD surged. Looking ahead, traders might …

from DailyFX – Market News https://bit.ly/2G6XTco
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