• February 23, 2023
  • Technical Analysis
  • Comments : 0

Palladium Price Outlook: Triangle Breakout May Hint at Another Weekly Loss

Palladium prices could be heading for a third weekly loss after the rate metal broke under an Ascending Triangle chart pattern on the 4-hour setting. What are key levels to watch?...
Read More
  • February 22, 2023
  • Technical Analysis
  • Comments : 0

Hang Seng Index Technical Outlook: How Much More Downside?

The gradual drift lower in the Hang Seng Index (HSI) reflects some of the unwindings of extreme overbought conditions. What is the outlook and what are the signposts to watch?...
Read More
  • February 22, 2023
  • Technical Analysis
  • Comments : 0

Gold and Silver Forecast: XAU/USD, XAG/USD at Risk as Retail Traders Go Long

Gold and silver prices may be vulnerable to further losses given that retail traders have been increasing upside exposure in recent weeks. What are key levels to watch ahead?...
Read More
  • February 22, 2023
  • Technical Analysis
  • Comments : 0

S&P 500 and Nasdaq 100 Technical Outlook: Is the Uptrend Over?

Tuesday’s drop below key support has somewhat dented the bullish outlook in US equities. However, the uptrend hasn’t reversed on the daily timeframe yet. What is the outlook for the S&P 500 and the Nasdaq 100 index?...
Read More
  • February 22, 2023
  • Technical Analysis
  • Comments : 0

Natural Gas Prices Extend Losses, Bringing 2020 Lows Even Closer into Focus

Natural gas prices fell the most on Tuesday since January 5th, setting the commodity up for yet another weekly loss towards 2020 lows as a key support level on the daily chart was taken out....
Read More
  • February 22, 2023
  • Technical Analysis
  • Comments : 0

US 500 IG Client Sentiment: Our data shows traders are now net-long US 500 for the first time since Jan 20, 2023 when US 500 traded near 3,970.24.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bearish contrarian trading bias....
Read More
  • February 22, 2023
  • Technical Analysis
  • Comments : 0

Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Jan 20, 2023 when Wall Street traded near 33,362.50.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bearish contrarian trading bias....
Read More
  • February 21, 2023
  • Technical Analysis
  • Comments : 0

Natural Gas Price Action Setup: Is the Slide Overdone?

While there is no sign of a reversal of the downtrend in natural gas, on some measures the slide is beginning to look stretched. What is the outlook?...
Read More
  • February 21, 2023
  • Technical Analysis
  • Comments : 0

Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, AUD/JPY, GBP/JPY

Short-term downward momentum in the Japanese yen remains intact ahead of Friday’s US core PCE price index data. What is the outlook on some of the key JPY crosses?...
Read More
  • February 20, 2023
  • Technical Analysis
  • Comments : 0

New Zealand Dollar Price Setup: NZD/USD Looks Vulnerable Ahead of RBNZ Rate Decision

The New Zealand dollar is looking vulnerable as it tests crucial support as the market scales back expectations of an aggressive rate hike by the Reserve Bank of New Zealand. What are the key levels to watch?...
Read More
1 … 74 75 76 … 122