EUR/USD short-term extreme overbought

The 4hr RSI was printing below 50% most of the last three weeks and recently broke above the 60% mark.EUR/USD was in sell mode -the 50SMA placed below the 200SMA on 4hr charts-, until it failed to cooperate with these trend indicators. Now the oscillators point to a short-term extreme overbough ...

Has the correction in USD/SEK run its course?

Although positively aligned, the 50- and the 200-period SMAs see the USD/SEK 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 ...

United States CFTC Oil NC net positions down to 525.3K from previous 556.6K

Australia CFTC AUD NC net positions climbed from previous $33.5K to $51.9K

European Monetary Union CFTC EUR NC net positions climbed from previous €-58.3K to €-51.2K

United Kingdom CFTC GBP NC net positions: £-70.7K vs previous £-66.4K

United States CFTC USD NC net positions: $86.6K vs $30.8K

United States CFTC Gold NC net positions up to $163.8K from previous $123.8K

Japan CFTC JPY NC net positions increased to ¥-50K from previous ¥-50.2K

Mexico stocks higher at close of trade; IPC up 0.27%

Investing.com – Mexico stocks were higher after the close on Friday, as gains in the Industrials, Financial Services and Consumer Staples sectors led shares higher. At the close in Mexico, the IPC gained 0.27%. The best performers of the session on the IPC were Mexichem , S.A.B. De C.V. ...

Wall Street unable to end the week on a high note

Wall Street stayed largely unchanged on Friday amid heightened expectations of a March rate hike. Financial stocks,  among the best-performing S&P 500 sectors with +0.4%,  showed a good performance as rising interest rates opens the door to a higher earning potential for the lenders ...

CFTC: Speculators More Bullish on Gold, S&P 500, AUD

Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending February 28 on Friday.Speculative positioning in the CME and ICE currency, commodity, energy and index futures: LongShor ...

Peru stocks lower at close of trade; S&P Lima General down 0.12%

Investing.com – Peru stocks were lower after the close on Friday, as losses in the Non-Metal Minerals, Industrials and Mining sectors led shares lower. At the close in Lima, the S&P Lima General lost 0.12%. The best performers of the session on the S&P Lima General were Aceros Arequip ...

Canada stocks higher at close of trade; S&P/TSX Composite up 0.46%

Investing.com – Canada stocks were higher after the close on Friday, as gains in the Materials, Energy and Industrials sectors led shares higher. At the close in Toronto, the S&P/TSX Composite added 0.46%. The best performers of the session on the S&P/TSX Composite were Martinrea ...

Odds of a US interest rate hike in March rise

CME Group FedWatch tool, which calculates unconditional probabilities of Federal Open Market Committee (FOMC) meeting outcomes to generate a binary probability tree, shows the probability of a rate hike in March at 86.4%. At the end of last week, markets saw only a 40% chance. Yellen's speec ...