USD/JPY IG Client Sentiment: Our data shows traders are now net-short USD/JPY for the first time since Sep 10, 2020 when USD/JPY traded near 106.17.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2SzdowB
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US Dollar Technical Forecast: USD Wedges into the Weekend

After a sell-off drove USD price action for almost six months, a big zone of long-term support came into play. But can USD bulls continue to drive through Q4 trade?

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2EYn7JO
via IFTTT

US Dollar Technical Forecast: USD Wedges into the Weekend

After a sell-off drove USD price action for almost six months, a big zone of long-term support came into play. But can USD bulls continue to drive through Q4 trade?

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2EYn7JO
via IFTTT