Has the correction in USD/SGD run its course?

Although positively aligned, the 50- and the 200-period SMAs see the USD/SGD quoting between both averages on 4H charts.The shift from a steady rally to the unfolding of a corrective pattern has brought RSI below its 35% level, considered oversold territory in an otherwise bullish context.Whil ...

GBP/JPY closes day above key SMA

GBP/JPY has traded above a key technical indicator for the first time in a month.GBP/JPY crossed above the 200 simple moving average, a technical hotspot on the daily chart. Market participants haven't seen this pair-indicator cross on daily charts for at least a month.

EUR/SEK shows indecisive pattern

Trend momentum has stalled with the emergence of a Northern doji pattern on the EUR/SEK weekly chart.This candlestick pattern usually changes the market's short-term trend from up to neutral, but with the RSI above 60% on this time interval, the likelihood of a reversal from overbought territor ...

Vice President-Elect Pence details Trump tax cuts

Investing.com - Vice President-elect Mike Pence said the incoming Trump administration will make tax and healthcare reform top priorities next year. Tax reform will be accomplished within the president's first 200 days in office, which starts on Jan. 20 at 12 p.m. Eastern. “I think the only thing ...

Canada stocks higher at close of trade; S&P/TSX Composite up 0.17%

Investing.com – Canada stocks were higher after the close on Friday, as gains in the Materials, Healthcare and Consumer Staples sectors led shares higher. At the close in Toronto, the S&P/TSX Composite added 0.17%. The best performers of the session on the S&P/TSX Composite were First ...

United States CFTC Oil NC net positions rose from previous 276.3K to 287.9K

United States CFTC Gold NC net positions declined to $151.6K from previous $167.1K

United States CFTC USD NC net positions down to $-139.3K from previous $-70.4K

CFTC: Speculators More Bearish on S&P 500, Sterling; More Bullish on Crude Oil

Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending November 29 on Friday. Speculative positioning in the CME and ICE currency, commodity, energy and index futures: Long Short Net Prior Change Gross Change Gros ...

Australia CFTC AUD NC net positions dipped from previous $31K to $21K

Japan CFTC JPY NC net positions declined to ¥0K from previous ¥11K

European Monetary Union CFTC EUR NC net positions remains unchanged at €-119K

United Kingdom CFTC GBP NC net positions fell from previous £-74K to £-78K

US dollar index ends week lower, retreating modestly from 13-year highs

The US dollar index ended the week with modest losses (-0.70%) and remains above the key short-term support located around the 100.60 zone. It is the first decline since the US presidential elections and represents a retreat after reaching back on November 24, the strongest level in 13 years a ...

Colombia stocks higher at close of trade; COLCAP up 0.71%

Investing.com – Colombia stocks were higher after the close on Friday, as gains in the Investment, Financials and Industrials sectors led shares higher. At the close in Colombia, the COLCAP rose 0.71%. The best performers of the session on the COLCAP were Almacenes Exito SA (CN:IMI), which rose ...