Indian Rupee, Nifty 50 Forecast: USD/INR Breakout as Volatility Spikes?

The Indian Rupee may weaken following a breakout higher in USD/INR. Despite rising global stock market volatility, the Nifty 50 has been holding its ground. Could it capitulate lower?

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

USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Jul 20, 2020 when USD/CAD traded near 1.35.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/34Absea
via IFTTT

USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Jul 20, 2020 when USD/CAD traded near 1.35.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/34Absea
via IFTTT

US Dollar Recovery Ahead? USD/MXN, USD/KRW, USD/ZAR Reversing

The US Dollar may stage a comeback against emerging market currencies amid growing signs of a recovery in USD/MXN, USD/KRW and USD/ZAR.

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

US Dollar Recovery Ahead? USD/MXN, USD/KRW, USD/ZAR Reversing

The US Dollar may stage a comeback against emerging market currencies amid growing signs of a recovery in USD/MXN, USD/KRW and USD/ZAR.

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