Blogs

XAU/USD consolidates the recent gains while trading above $1700 per troy ounce and the main SMAs on the four-hour chart. The market is nearing the 1740 resist

The US Dollar Index (DXY) is ending the week just below the 100.00 mark still trapped in the range of the last 5 weeks.

United States CFTC Oil NC Net Positions: 543.6K vs 541K

United States CFTC S&P 500 NC Net Positions dipped from previous $-236.3K to $-252.9K

Japan CFTC JPY NC Net Positions: ¥27.5K vs previous ¥27.9K

United States CFTC Gold NC Net Positions rose from previous $242.8K to $251.8K

Australia CFTC AUD NC Net Positions: $-39.6K vs previous $-35.4K

United Kingdom CFTC GBP NC Net Positions down to £-19K from previous £-13.7K

European Monetary Union CFTC EUR NC Net Positions declined to €72.6K from previous €78.1K

US dollar rebound from two-week lows at 0.9640 has been capped at 0.9735 where the pair has found resistance at the upper limit of the last two month