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As of Tuesday 28th May: Large speculators increased net-long exposure to USD by $0.48 billion to $31.3 billion ($35.7 billion against G10 currencies) • Traders were net-short NZD futures at their most bearish level since December 2018 • Net-short ...
We’re cautiously bullish on WTI over the near-term and suspect it could be due, at the very least, a minor bounce. Despite slipping from its highs, the trend structure remains bullish and prices have found support above the 50-day and 200-day ...
We highlighted previously that April tends to be the most bullish month for WTI and, having gained 7.3% this month already, is on track to retain its seasonal tendency. The daily trend structure remains firmly bullish with minor pullbacks and timely ...