USD/CAD Technical Outlook: Trying to Bottom at Long-term Support

USD/CAD is trying to decide whether to go left or right here at levels extending back over a decade; the days and weeks ahead could be a big tell.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3kBRw07
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USD/CAD Technical Outlook: Trying to Bottom at Long-term Support

USD/CAD is trying to decide whether to go left or right here at levels extending back over a decade; the days and weeks ahead could be a big tell.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3kBRw07
via IFTTT

GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Oct 16, 2020 when GBP/JPY traded near 136.11.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/322R7Nd
via IFTTT

GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Oct 16, 2020 when GBP/JPY traded near 136.11.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/322R7Nd
via IFTTT

New Zealand Dollar Outlook: Cyclical Upturn Ahead for NZD/USD?

The New Zealand Dollar may continue to outperform the haven-associated US Dollar as price breaks above key long-term resistance.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/35GrQJH
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