• July 25, 2023
  • Technical Analysis
  • Comments : 0

Euro Technical Outlook – The Pullback Continues. Will EUR/USD go Lower?

The Euro is under pressure after technical indicators turned for the single currency after making a 17-month peak at this time last week against the US Dollar. Will EUR/USD steady?...
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  • July 25, 2023
  • Technical Analysis
  • Comments : 0

Crude Oil Prices Aim for Best Month Since January 2022 as Retail Traders Turn Bearish

If momentum is sustained, WTI crude oil could be looking at its best month since January 2022. Meanwhile, retail traders are becoming more bearish. Could this support oil ahead?...
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  • July 24, 2023
  • Technical Analysis
  • Comments : 0

UK, EURO PMI Disappoints, Will it Rekindle Recessionary Fears?

UK, EURO PMI Disappoints, Will it Rekindle Recessionary Fears?...
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  • July 24, 2023
  • Technical Analysis
  • Comments : 0

Natural Gas Price Technical Outlook: Best Week Since mid-June, Where to?

Natural gas prices rallied close to 7% this past week, but that has hardly changed the broader technical picture. Still, the near-term outlook looks slightly more bullish....
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  • July 21, 2023
  • Technical Analysis
  • Comments : 0

USD & Nasdaq Ahead of Mega-Cap Earnings and Central Bank Rate Meetings

Microsoft, Google and Meta provide Q2 trading updates in the same week the FOMC and ECB are likely to hike by 25 basis points respectively. Does the recent dollar rebound have legs and will the Nasdaq test the all time high?...
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  • July 21, 2023
  • Technical Analysis
  • Comments : 0

US Dollar Recovery this Week Faces Next Key Obstacle, Where to for DXY?

The US Dollar is on course to finish this week strong, a meaningful turnaround from the previous one. But, with prices at resistance, can DXY pierce a key ceiling?...
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  • July 21, 2023
  • Technical Analysis
  • Comments : 0

Euro Technical Outlook – A Retreat from Lofty Levels. Will EUR/USD Reverse?

The Euro has pulled back from the 17-month peak seen last week against the US Dollar and could be at a critical juncture to decide if bearishness picks up, or the recent high gets retested....
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  • July 21, 2023
  • Technical Analysis
  • Comments : 0

Dow Jones, S&P 500 May Climb as Retail Traders Remain Deeply Bearish

The Dow Jones and S&P 500 may continue upward as retail traders remain persistently bearish Wall Street, increasing downside exposure. What are key levels to watch ahead?...
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  • July 20, 2023
  • Technical Analysis
  • Comments : 0

FTSE Overcomes Two Major Hurdles, GBP Declines

The FTSE overcame two major challenges in quick succession, buoyed by softer core CPI, a weaker pound and a resurgence from UK homebuilders. Markets revise BoE bets lower...
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  • July 20, 2023
  • Technical Analysis
  • Comments : 0

FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since May 24, 2023 when FTSE 100 traded near 7,626.60.

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