JPY traded near 134.38.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/36EsVn9
via IFTTT

GBP/JPY IG Client Sentiment: Our data shows traders are now net-short GBP/JPY for the first time since Sep 24, 2020 when GBP/JPY traded near 134.38.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/36EsVn9
via IFTTT

DAX 30 Technical Outlook: Short & Medium-term Scenarios to Watch

The DAX looks vulnerable here, but we have been here before; two scenarios to watch for the short to medium-term outlook.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3npUN4l
via IFTTT

DAX 30 Technical Outlook: Short & Medium-term Scenarios to Watch

The DAX looks vulnerable here, but we have been here before; two scenarios to watch for the short to medium-term outlook.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3npUN4l
via IFTTT

Dow Jones, S&P 500, DAX 30 at Risk. Will Retail Traders Chase Declines?

Retail investors may increase net-long bets in the Dow Jones, S&P 500 and DAX 30 after US fiscal stimulus talks collapsed. If so, what are key technical levels to keep an eye on?

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2I5E5qX
via IFTTT