• July 12, 2023
  • Technical Analysis
  • Comments : 0

Crude Oil Prices May Extend Gains as Retail Traders Turn More Bearish

Crude oil prices have taken gains this month so far to the best since October. This pushed retail traders to increase downside exposure, is this a sign WTI may rally further?...
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  • July 12, 2023
  • Technical Analysis
  • Comments : 0

EUR/CHF IG Client Sentiment: Our data shows traders are now at their most net-long EUR/CHF since May 19 when EUR/CHF traded near 0.97.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bearish contrarian trading bias....
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  • July 11, 2023
  • Technical Analysis
  • Comments : 0

Euro Technical Outlook – Ranges Against Trends. Will EUR/USD Go Higher?

The Euro jumped toward recent highs to start this week as it runs toward the top end of the range. The bigger picture might confirm that some bullish momentum may evolve further....
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  • July 11, 2023
  • Technical Analysis
  • Comments : 0

Oil Price Update: Brent Crude Oil Tests Crucial Channel Resistance

Brent crude oil’s trading range to be tested as prices approach crucial resistance at $78.60. Likewise, WTI looks to test $73.90...
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  • July 10, 2023
  • Technical Analysis
  • Comments : 0

Natural Gas Price Weekly Technical Outlook: Bearish Death Cross Spells Trouble Ahead

Natural gas prices remain range bound despite breaking above a key falling trendline from August. The 4-hour chart shows that trouble may be in store for the week ahead....
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  • July 9, 2023
  • Technical Analysis
  • Comments : 0

US Dollar Q3 Technical Forecast – External Catalysts Will Weigh on the US Dollar

The US dollar has been trapped in a five-point range for the first half of the year and this is unlikely to change as we head into Q3...
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  • July 7, 2023
  • Technical Analysis
  • Comments : 0

British Pound Q3 Technical Forecast – GBP/USD, EUR/GBP, and GBP/JPY

As we enter the third quarter of the year, the outlook for the British Pound looks mixed....
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  • July 7, 2023
  • Technical Analysis
  • Comments : 0

Gold and Silver Price Forecast: XAU/USD, XAG/USD May Fall Amid Bullish Retail Traders

Gold and silver prices have been in a downtrend since May and retail traders have responded by increasing upside exposure. Is this a sign that more pain is ahead for XAU/USD and XAG/USD?...
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  • July 7, 2023
  • Technical Analysis
  • Comments : 0

Germany 40 IG Client Sentiment: Our data shows traders are now net-long Germany 40 for the first time since Oct 25, 2022 when Germany 40 traded near 12,993.90.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bearish contrarian trading bias....
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  • July 6, 2023
  • Technical Analysis
  • Comments : 0

FTSE 100 IG Client Sentiment: Our data shows traders are now at their most net-long FTSE 100 since Oct 03 when FTSE 100 traded near 6,900.40.

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....
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