USDCHF ran lower this week and made bearish breaks. Can the sellers keep control.

4 hour chart shows the progression lower. The USDCHF this week trended lower and along the way, cracked below some downside technical levels.    Looking at the 4-hour chart above, the price started the technical breaks below an upward sloping trend line, fell below the 100 bar MA  (blue line) and then the 200 bar […]

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Dollar Falls as U.S. Yields Slip, but Bearish Bets Easing Amid Recovery

© Reuters. By Yasin Ebrahim Investing.com – The dollar fell sharply against its rivals Monday, paced by declining U.S. bond yields, but the pullback could be short-lived as the expected rise in rates has forced some on Wall Street to ease their bearish bets on the greenback. The , which measures the greenback against a […]

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DoubleLine’s Gundlach says he’s bearish on long bonds

© Reuters. Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York By Kate Duguid NEW YORK (Reuters) – Jeffrey Gundlach, the billionaire chief executive of DoubleLine investment firm, said in a pre-election webcast on Monday that he is bearish on long-dated bonds like the 30-year Treasury. The 30-year […]

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BlackRock’s Fink ‘pretty bearish’ on emerging markets

© Reuters. FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York NEW YORK (Reuters) – BlackRock (NYSE:) CEO Larry Fink said on Friday he believes emerging markets are on a downward slide as he sees strong macro trends weighing on the asset class. “I am pretty bearish on the emerging […]

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As Bearish Echo on Dollar Builds, Wells Fargo Says Next Move Likely No Move

© Reuters. By Yasin Ebrahim Investing.com –The U.S. dollar drifted lower on Tuesday, as the debate on the greenback’s next move rages on, with Wells Fargo (NYSE:) claiming the dollar is more likely to settle into a trading range than mount a material move in either direction. The , which measures the greenback’s strength against […]

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Dollar Posts Weekly Loss as Bearish Bets Jump

© Reuters. By Yasin Ebrahim Investing.com – The dollar posted a weekly loss as data showed bearish bets on the greenback surged to a more-than-two-year high. Speculators increased their net short dollar position in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday, the largest bearish position […]

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China Abandons GDP Growth, Sounds Gloomy on Outlook. Will the Bearish Impulse be Sustainable?

Chinese government made “injected” some reality into stock markets today, saying that they don’t’ promise any concrete GDP numbers for 2020, mentioning also the significant uncertainty because of which the impact of a number of factors is difficult to predict. Among those factors is probably a second wave of Covid-19 outbreak. One important sign of […]

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