• May 18, 2023
  • Technical Analysis
  • Comments : 0

Germany 40 IG Client Sentiment: Our data shows traders are now at their least net-long Germany 40 since May 07 when Germany 40 traded near 15,989.80.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bullish contrarian trading bias....
Read More
  • May 18, 2023
  • Technical Analysis
  • Comments : 0

Natural Gas Price Rebound Could Extend; What’s Next for Crude Oil?

Natural gas prices could be due for further gains on declining drilling activity, tighter credit conditions, and oversold technical conditions. Meanwhile, upward momentum has been lacking even as crude oil has seemingly found a floor for now....
Read More
  • May 17, 2023
  • Technical Analysis
  • Comments : 0

Euro Technical Outlook – Test of Trends and Potential Reversals for EUR/USD and EUR/JPY?

The Euro appears comfortable in a trend against the US Dollar for now but might be scoping a reversal against the Japanese Yen. If the EUR/USD trend is intact, will EUR/JPY stall?...
Read More
  • May 17, 2023
  • Technical Analysis
  • Comments : 0

A Reversal or a Dead-Cat Bounce in US Dollar? EUR/USD, GBP/USD, USD/JPY

The rebound in the US dollar over the past week or so appears to be a consolidation, and not a reversal of the well-established downtrend, at least yet. What’s next for EUR/USD, GBP/USD, and USD/JPY?...
Read More
  • May 17, 2023
  • Technical Analysis
  • Comments : 0

Is This the Moment of Reckoning for Gold?

The apparent progress in US debt ceiling talks and hawkish US Federal Reserve commentary has taken off some of the heat off gold’s rally. Is it finally beginning to turn lower?...
Read More
  • May 16, 2023
  • Technical Analysis
  • Comments : 0

To What Extent Euro Could Fall? EUR/USD, EUR/GBP, EUR/JPY Price Setups

Overbought conditions, stretched positioning, and growing doubts about whether the US Fed will pause at its next meeting have triggered a pause in EUR/USD. What is the outlook for EUR/USD, EUR/GBP, and EUR/JPY?...
Read More
  • May 16, 2023
  • Technical Analysis
  • Comments : 0

Dow Jones, S&P 500 Outlook: Retail Traders Boost Upside Bets as Support Levels Near

The Dow Jones and S&P 500 are vulnerable after retail traders recently increased upside exposure, a bearish contrarian signal. What are the...
Read More
  • May 15, 2023
  • Technical Analysis
  • Comments : 0

Bitcoin & Ethereum Week Ahead: Cracks in the Rally?

The fall in Bitcoin and Ethereum below the last month’s low suggests that cracks have emerged in the multi-week rally. What’s next for cryptocurrencies?...
Read More
  • May 15, 2023
  • Technical Analysis
  • Comments : 0

S&P 500, Nasdaq Week Ahead: Resilience or a Lull Before the Storm?

US equity markets are looking for positive catalysts which appear to be dwindling. Indeed, the checklist of negative factors cast a shadow over the multi-week uptrend. On technical charts, however, there are no signs of a reversal of the uptrend....
Read More
  • May 15, 2023
  • Technical Analysis
  • Comments : 0

AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Apr 13, 2023 when AUD/JPY traded near 89.93.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bearish contrarian trading bias....
Read More
1 … 59 60 61 … 122