GBP Technical Analysis: GBP/USD, GBP/JPY, GBP/NZD Key Levels to Watch

The British Pound could come under pressure, as bearish technical setups begin to take place on multiple GBP crosses. GBP/USD, GBP/JPY, GBP/NZD levels to watch.

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S&P 500 May Lead Nikkei 225 Higher as Biden Wins Key Swing States

US equity futures climbed as Biden took Michigan – a key swing state. Rising odds of a Democratic president boosted sentiment. The Nikkei 225 index looks set to trade higher following strong US leads.

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S&P 500 May Lead Nikkei 225 Higher as Biden Wins Key Swing States

US equity futures climbed as Biden took Michigan – a key swing state. Rising odds of a Democratic president boosted sentiment. The Nikkei 225 index looks set to trade higher following strong US leads.

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US Dollar Pressuring Support, at Risk? USD/SGD, USD/IDR, USD/MYR, USD/PHP

The US Dollar on the defensive against the Singapore Dollar, with the Indonesian Rupiah gaining. USD/MYR is following a long-term falling trend line, with USD/PHP pressuring key support.

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USD/CAD IG Client Sentiment: Our data shows traders are now at their most net-long USD/CAD since Oct 15 when USD/CAD traded near 1.32.

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

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