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[Video] Cracks Appear in Copper’s Rally, Disney Falters at Resistance
Today we look at trader positioning on copper and question if its current rally is sustainable, and highlight a key level for today’s session.
USD/JPY Holds Support Despite Rise In Geopolitical Tensions
That USD/JPY has held support despite a flurry of negative news over the weekend could be a sign of strength over the near-term. Yet with price action suggesting it topped out late December, the pair could break to new lows after a corrective bounce.
Trump Announces 'Phase One' Trade Deal To Be Signed Mid-Jan
With phase one close to being signed, markets can now obsess over phase two.
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[Video] NZD/JPY Coils Below Key Resistance
NZD/JPY is coiling below key resistance, as it builds up energy for its next directional move.
WTI: Opposing Reversal Patterns Form Near Key Resistance
WTI has formed a bearish reversal pattern on the daily chart, yet still shows potential for a bullish reversal on the intraday chart, if key resistance is broken.
[Video] Renewed Brexit Fears Weigh On GBP/USD
Questions over Theresa May’s future and her replacement are weighing on the pound. GBP/USD is down at fresh 4 ½ month lows. The negative trend could stay intact as investors turn their attention towards the European parliamentary elections.
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