Technical Analysis

Gold Price Trend Focuses Back on Broader Upside Bias Since the End of Last Year

Gold prices have been aiming higher in recent weeks with the broader upside bias since the end of last year appearing to reinstate itself. What are key levels of resistance to watch ahead?...

US Dollar Outlook: GBP/USD May Fall as USD/CAD Rises Amid Changes in Retail Exposure

Following a string of losses, the US Dollar has been stabilizing. In response, retail traders increased upside exposure in GBP/USD and boosted downside bets in USD/CAD. Is this a sign USD may rise?...

USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Mar 27, 2023 when USD/JPY traded near 131.67.

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

Gold and Silver Outlook: XAU/USD, XAG/USD May Rise as Retail Traders Turn Bearish

Gold and silver prices have been rising in recent days amid the drop in Treasury yields and the US Dollar. Retail traders have increased bearish exposure, is this a sign XAU/USD and XAG/USD may rise?...

NZD/USD IG Client Sentiment: Our data shows traders are now at their least net-long NZD/USD since Dec 27 when NZD/USD traded near 0.63.

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

AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since Jun 21, 2023 when AUD/USD traded near 0.68.

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

US Dollar Forecast: EUR/USD, GBP/USD May Rise as Retail Traders Turn Bearish

The US Dollar is poised for its worst week since November 2022 and retail traders have responded. Bearish exposure in EUR/USD and GBP/USD is on the rise. Are more gains ahead?...

EUR/USD IG Client Sentiment: Our data shows traders are now at their least net-long EUR/USD since Feb 01 when EUR/USD traded near 1.10.

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

NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since May 11, 2023 when NZD/USD traded near 0.63.

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

GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since May 08 when GBP/USD traded near 1.26.

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