Technical Analysis

Oil – US Crude IG Client Sentiment: Our data shows traders are now net-long Oil – US Crude for the first time since Jul 27, 2023 when Oil – US Crude traded near 79.61.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil – US Crude-bearish contrarian trading bias....

Australian Dollar Price Action Setups: AUD/USD Downtrend Pauses at Key Support

The Australian Dollar is on course for the worst month since February. While AUD/USD maintains a bearish technical bias, key support levels have been reinforced....

Gold Price Outlook: XAU/USD Still Vulnerable Amid Bullish Retail Bets

Gold prices recently concluded 4 consecutive weeks of losses and retail traders are becoming increasingly bullish. Is this a warning sign that XAU/USD may continue lower ahead?...

Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Jun 28, 2023 when Wall Street traded near 33,933.80.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bearish contrarian trading bias....

Risk Assets Tick Higher on Modest Improvement in Sentiment, Jackson Hole Ahead

Somber start to the week as China underwhelms with rate cut. The lack of decisiveness by the PBoC has seen a modest improvement in Risk Appetite, but will it last? A lack of data ahead means we could see choppy price action ahead of Jackson Hole, which starts of Thursday....

British Pound Price Action Setups: GBP/USD Bearish Head & Shoulders in Focus

The British Pound consolidated against the US Dollar this past week, with GBP/USD seemingly forming a bearish Head & Shoulders chart pattern. What are key levels to watch ahead?...

Will China Cut Rates with USD in the Driving Seat?

The dollar continues to grind higher while China’s economic landscape now entertains the possibility of a rate cut on Monday. Jackson Hole rounds off the week...

China Concerns Amplify as UK Retail Sales and Japanese Inflation Surprise

UK Retail Sales Slide Keeping the Pound Subdued as The Yen Benefitted from a Sticky Inflation Print… Concerns Around China Amplify and Continues to Drive Overall Sentiment...

FTSE 100 IG Client Sentiment: Our data shows traders are now at their most net-long FTSE 100 since Jul 11 when FTSE 100 traded near 7,294.60.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias....

France 40 IG Client Sentiment: Our data shows traders are now net-long France 40 for the first time since Jul 11, 2023 when France 40 traded near 7,245.50.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias....