• August 3, 2023
  • Technical Analysis
  • Comments : 0

USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Jun 01, 2023 when USD/CAD traded near 1.34.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading bias....
Read More
  • August 3, 2023
  • Technical Analysis
  • Comments : 0

Gold Price Forecast: Treasury Yields and Retail Exposure Pressure XAU/USD

Gold prices are being pressured by the rise in longer-term US Treasury yields. Now, retail traders are more bullish and this is further undermining the XAU/USD outlook....
Read More
  • August 2, 2023
  • Technical Analysis
  • Comments : 0

US Ratings Downgrade Conundrum Unpacked

The dollar rallied as US Treasury yields fell supplemented by an ADP employment change beat ahead of the US trading session....
Read More
  • August 2, 2023
  • Technical Analysis
  • Comments : 0

FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Jul 20, 2023 when FTSE 100 traded near 7,644.70.

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....
Read More
  • August 2, 2023
  • Technical Analysis
  • Comments : 0

British Pound Might be in Trouble as Retail Traders Turn Net-Long GBP/USD

The British Pound continues to be pressured by the US Dollar. Now, retail traders have turned net-long GBP/USD. Is this a signal that further pain is in store for Sterling?...
Read More
  • August 2, 2023
  • Technical Analysis
  • Comments : 0

RBA keep rates unchanged, US dollar picks up a small bid

RBA keep rates unchanged, US dollar picks up a small bid...
Read More
  • August 1, 2023
  • Technical Analysis
  • Comments : 0

Japanese Yen Remains Under Pressure as USD/JPY Looks for Upside Breakout

The Japanese Yen is once again under pressure from the US Dollar in the aftermath of the BoJ. USD/JPY might be readying to resume the broader upside focus. What are key levels ahead?...
Read More
  • August 1, 2023
  • Technical Analysis
  • Comments : 0

Gold Price Outlook: XAU/USD May Climb as Retail Traders Unwind Upside Bets

Gold prices have continued to stabilize following a string of losses from May until early July. Retail traders continue to slowly increase downside exposure. Is this bullish for XAU/USD?...
Read More
  • August 1, 2023
  • Technical Analysis
  • Comments : 0

Oil – US Crude IG Client Sentiment: Our data shows traders are now at their least net-long Oil – US Crude since Apr 13 when Oil – US Crude traded near 82.46.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil – US Crude-bullish contrarian trading bias....
Read More
  • July 31, 2023
  • Technical Analysis
  • Comments : 0

Euro Starts off New Week at Key Support, Will EUR/USD Turn Higher Next?

The Euro weakened against the US Dollar last week. Still, EUR/USD was unable to clear key rising support as downside momentum faded. What are key levels to watch as the week gets going?...
Read More
1 … 51 52 53 … 122