• June 9, 2023
  • Technical Analysis
  • Comments : 0

EUR/USD IG Client Sentiment: Our data shows traders are now net-short EUR/USD for the first time since May 11, 2023 when EUR/USD traded near 1.09.

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....
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  • June 9, 2023
  • Technical Analysis
  • Comments : 0

AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since May 09, 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....
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  • June 8, 2023
  • Technical Analysis
  • Comments : 0

Gold Price Setup: Can Stretched Long Positioning in XAU/USD Trump Technicals?

Gold is at a critical juncture – stretched retail traders’ long positioning poses downside risks to XAU/USD. However, if the past is any guide, the yellow metal may not be ripe for a bearish break just yet....
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  • June 7, 2023
  • Technical Analysis
  • Comments : 0

US Dollar Outlook: EUR/USD, GBP/USD May Fall as Retail Traders Boost Upside Bets

The US Dollar has been rising against the Euro and British Pound. Retail traders responded by increasing EUR/USD and GBP/USD upside exposure. Is this a bearish sign?...
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  • June 6, 2023
  • Technical Analysis
  • Comments : 0

Euro Technical Outlook – Trends Questioned as Ranges Emerge. Is EUR/USD Trapped?

The Euro scoped a new low last week but has since consolidated against the US Dollar and it appears that are mixed messages when looking at the chart. Will the EUR/USD trend resume?...
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  • June 3, 2023
  • Technical Analysis
  • Comments : 0

Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since May 23, 2023 19:00 GMT when Wall Street traded near 33,096.00.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bullish contrarian trading bias....
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  • June 2, 2023
  • Technical Analysis
  • Comments : 0

USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since May 24, 2023 08:00 GMT when USD/CAD traded near 1.36.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bearish contrarian trading bias....
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  • June 1, 2023
  • Technical Analysis
  • Comments : 0

EUR/GBP IG Client Sentiment: Our data shows traders are now at their most net-long EUR/GBP since May 11 when EUR/GBP traded near 0.87.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading bias....
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  • May 30, 2023
  • Technical Analysis
  • Comments : 0

GBP/USD IG Client Sentiment: Our data shows traders are now net-short GBP/USD for the first time since May 22, 2023 14:00 GMT when GBP/USD traded near 1.24.

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....
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  • May 30, 2023
  • Technical Analysis
  • Comments : 0

Australian Dollar Breaks Range but Lacks Follow Through. Will AUD/USD Reverse?

The Australian Dollar bounced off the recent low to start this week despite some soft economic data. Some technical signals might be saying something. Will AUD/USD go lower?...
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