Technical Analysis

The S&P 500 and the Nasdaq 100 index have been resilient despite the turmoil in the banking sector. However, the indices would need a strong catalyst to break higher from the recently established ranges....

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

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

The break last week above an important resistance has boosted hopes of a fresh leg higher in EUR/USD. However, it may be premature to conclude an unambiguously bullish view just yet....

Recently, the DAX 40 and FTSE 100 have been stabilizing. Retail traders responded by boosting bearish bets. Is this a sign further gains could be in store for prices ahead?...

Gold could find it tough to break above the key psychological $2000 as risk appetite appears to be stabilizing. What’s next for the yellow metal?...

Natural gas prices continue aiming lower, but downside momentum is fading. That can at times precede a reversal as a Falling Wedge brews on the 4-hour timeframe....

The Japanese yen looks rise toward its January high against the US dollar. Can the yen appreciate against the Australian dollar and the Euro?...

The Euro is facing similar but slightly different technical set-ups against the US Dollar and the Swiss Franc. If EUR/USD continues higher, will it pull EUR/CHF along with it?...

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....