COT Report: GBPUSD Shorts Surge on Brexit Turmoil

COT Report: Analysis and Talking Points GBPUSD Shorts Soar on Brexit Turmoil Speculators Extend Bullish USD Positioning AUDUSD Gross Shorts Highest Since November 2015 The Predictive Power of the CoT Report Source: CFTC, DailyFX (Covers up to May 21th, released May 24th) GBPUSD Shorts Soar, AUD Shorts Highest Since November 2015 After last weeks reduction […]

Gold Price Forecast: The Better Precious Metal Shows Its Mettle

Gold Price Forecast Talking Points: The ONE Thing:The US Dollar remains a headwind to the rise in Gold, and the technical analysis duo of Ichimoku & Trendlines shows the favorable technical picture of XAU/USD is hanging by a thread The Gold/Silver ratio has broken above its historical extreme, and the effect of Bitcoin and cryptos […]

EUR/GBP Rate May Reverse on Bearish Technical, Sentiment Signals

EUR/GBP Technical Analysis EUR/GBP could turn lower on reversal signals Consolidation may persist in the medium-term Sentiment warns of EUR/GBP bearish bias Just started trading EUR/GBP? Check out our beginners’ FX markets guide! The Euro launched a cautious recovery against the British Pound since I highlighted bullish reversal signals earlier this month. These were a […]
Gold Price Weekly Technical Outlook: XAU Doji Threatens Deeper Losses

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