Looking at this weeks Commitments of Traders Report, changes in speculator positioning across major currencies and commodities are relatively limited. Speculators continue buying the US dollar, with positioning...
The pair looks to correct further higher in the new week as it faces further recovery threats.
Here is your Currency Pairs trade recommendation for the weekend
What will be the alternative to the USD?
U.S. stock index futures are lower due to disappointing earnings from several technology companies.
The pair looks to strengthen further after closing higher on Thursday.
EURUSD Elliott Wave analysis suggests that the cycle from 2/16/2018 peak is showing lower low sequence calling for more weakness in the pair against
Have a look at the DRAGONFLY candlestick in the EURO. It is part of #1 in my guide... 12+ Candlesticks Every Technical Trader Should Know
U.S. stock index futures jumped on news that China said it will hold trade talks with the U.S. later this month.
GOLD: The commodity saw a price rejection on Thursday leaving risk of a move higher in the days ahead. On the downside, support comes in at the 1,170.00 level where a break will turn attention to the 1,160.00...
AUDUSD Elliott wave view suggests that the pair correcting the short-term cycle from 0.7455 high in Minor wave 2 bounce in 3, 7 or 11 swings
Actionable technical levels for the Dollar, Euro, Yen, Aussie and Canadian
U.S. stock index futures fell due to ongoing concerns over the political situation in Turkey and continuing U.S. - China trade tensions.
GBPUSD Elliott wave view suggests that the cycle from 4/17/2018 peak is showing incomplete structure to the downside calling bounces to fail in 3, 7 or 11
Actionable technicals and fundamentals for the Dollar, Euro, Yen, Aussie and Canadian
Bears have solid overall near-term technical advantage and gain more power this week. No early clues that market bottom close at hand.
Today's Commentary
Corn futures closed the day with fractional to 1 cent losses in most nearby contracts, as September was up 1.82% on the week. CFTC data on Friday showed spec traders trimming their net short position in corn futures and options by 4,743 contracts dur...
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Alan Brugler writes this daily agricultural markets overview with opening, midday and closing comments directed at the gain and meat Ag markets.