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Day: April 21, 2023

Apr 21
Follow The Flow: GBPJPY Approaching Key Level

Retail Heavily Short GBPJPY The retail market is currently more than 70% short GBPJPY making it a prime candidate to monitor for long opportunities. The pair has been grinding higher recently amidst a broader breakout pattern and looks vulnerable to further upside near-term. GBP has been well bid recently on the back recent UK data […]

Apr 21
The Crude Chronicles – Episode 179

Oil Traders Increase Longs – Price Falls The latest CFTC COT institutional positioning report shows that oil traders increased their net long positions again last week. Total upside exposure rose from 226k contracts to 235k contracts, marking the third consecutive weekly increase in bullish bets. Despite the increase, crude prices have fallen sharply this week, […]

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