EUR Longs Continue To Decrease

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 60 contracts to take the total position to 120.5k contracts. Despite being only slight in size, this latest positioning adjustment marks the third consecutive week where EUR longs continue to decrease, as investors continue to dial back their ECB tightening ...

2018-05-14 James Harte Read more
Starting the week with the FXMajors 14.05.2018

In our weekly analysis, PIA-First will be looking at the FX Majors from the 14th onwards. We saw a stalling in the buying of the dollar index last week. There is scope for a correction lower! Watch our video update to see how other currencies may fare during the coming week.

2018-05-14 Ian Coleman Read more
Checking in with the FXMajors

In this weekly update from PIA-First we are Checking in with the FXMajors and what could potentially occur. We delve into the technicals for the week ahead. [shortcode-variables slug="confidenttotrade"]  

2018-05-07 Ian Coleman Read more
EUR Longs Slashed Again

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 10k contracts to take the total position to 121k contracts. EUR longs slashed again for the second consecutive week as the market responds to the ECB’s muted outlook at its last meeting. Although Draghi said that the bank is still confident in its inflatio...

2018-05-07 James Harte Read more
USDCAD - Limited downside

Monthly: We had an impulsive rally from the 2011 low (0.9407) to the 2016 high (of 1.4690). The correction lower found buyers close to the 50% pullback level of 1.2049. Mixed trading for the last 27 months looks to have formed a bullish descending wedge formation. Weekly:  The weekly chart highlights the wedge more clearly. The sequence f...

2018-05-10 Ian Coleman Read more
EUR Longs are Slashed Ahead of ECB

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 21k contracts to take the total position to 131k contracts. This sharp reduction in EUR upside positioning came ahead of the ECB’s April meeting and reflected the cautious view of the market in response to recent data softening in the eurozone. As expec...

2018-04-30 James Harte Read more
Breaking down the FX Majors 30.04.18

As the week begin, we start with a new video from PIA-First. In this report we'll be going over the FX Majors and breaking down the longer times frames to look at the upcoming week.

2018-04-30 Ian Coleman Read more
USDCAD - Dip buying inside the bullish wedge

Monthly: We had an impulsive rally from the 2011 low (0.9407) to the 2016 high (of 1.4690). The correction lower found buyers close to the 50% pullback level of 1.2049. Mixed trading for the last 27 months looks to have formed a bullish descending wedge formation. Weekly:  The weekly chart highlights the wedge more clearly. The sequence f...

2018-05-01 Ian Coleman Read more
EUR Longs Move To Fresh Record Highs

EURUSD Non-Commercials increased their net long positions in the Euro last week buying a further 4k contracts to take the total position to 152k contracts. This latest growth in upside exposure brings EUR long positioning to fresh record highs as traders position themselves in anticipation of the ECB normalising monetary policy. Accordingly...

2018-04-24 James Harte Read more