GBP/USD - Market Dips Back To SupportThis market dipped back towards support today as the uptrend took a bit of a breather. We remain bullish on this market whilst price is closing above 1.6600 and will look for price action buy signals on the daily / 4-hour timeframe over the next couple of days.USD/JPY - Price Holding Above Key Resistance / SupportThe USD/JPY held above 103.00 support today…See More
Deutsche Bank - "The dollar is fast losing its status as the market’s consensus trade. Speculative longs fell for the sixth week in a row. However, speculative longs adjusted for open interest remain the second largest in G10, after NZD. At the same time, EUR longs were added to. The TFF report shows that fast money was responsible as leverage funds turned short USD while EUR longs were added to, meaning net EUR/USD positions are now +34% long. However asset managers positioning was exactly the…See More
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