Indian Rupee, Nifty 50 Technical View: USD/INR May Rise as Index Falls

The Indian Rupee may be at risk to the US Dollar as USD/INR attempts to refocus to the upside. This is as the Nifty 50, India’s benchmark stock index, could fall further.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3kYT6cr
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AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Sep 16, 2020 11:00 GMT when AUD/JPY traded near 76.69.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/364tC9d
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AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Sep 16, 2020 11:00 GMT when AUD/JPY traded near 76.69.

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

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/364tC9d
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Oil Price Outlook: Crude Caught at Resistance- WTI Breakout Pending

Crude oil prices are ranging, within a range just below long-term trend resistance and a breakout is brewing. Here are the levels that matter on the WTI technical chart.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3j1KzVh
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Oil Price Outlook: Crude Caught at Resistance- WTI Breakout Pending

Crude oil prices are ranging, within a range just below long-term trend resistance and a breakout is brewing. Here are the levels that matter on the WTI technical chart.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3j1KzVh
via IFTTT