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Commitments of Traders Report 29 May - Yen longs vanish

From humbletraders.com

EURUSD The ever growing expectations over the Fed raising US rates has inspired the Dollar bulls which consequently encouraged bearish investors to send the EURUSD lower. This pair may be open to more downside in the coming weeks GBPUSD Cable seems to be pushing higher to complete an upwards correction that started from late February, the upwards structure seems near completion and Cable should soon show signs of weakness and unfold downwards as an impulse. AUDUSD With this pair repeatedly creating lower lows and lower highs, the prerequisites of a technical downtrend have been achieved. A breakdown below 0.7150 ... (full story)

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