GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since Dec 01 when GBP/USD traded near 1.23.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
S&P 500 and Nasdaq 100 Price Setup as Major Oil Producers Cut Output
The S&P 500 and the Nasdaq 100 index appear to be flexing muscles amid growing […]
Gold Price Dips as US Dollar Firms While Crude Oil Soars. Where to for XAU/USD?
The gold price slipped today with the US Dollar tracking higher along with Treasury yields […]
US dollar Price Setup This Week: EUR/USD, GBP/USD, USD/JPY
Key focus on global manufacturing activity data (including US ISM manufacturing due today) and US […]
Natural Gas Price Outlook: Fading Momentum at Support Has Resistance in Focus
In a further sign of fading downside momentum, natural gas prices reversed losses initially accumulated […]
Markets Q2 Outlook: US Dollar, Gold, Oil, Dow, Euro, Yen, Sterling, AUD, BTC
The collapse of Silicon Valley Bank has so far seen markets squarely focus on the […]
S&P 500, Euro Stoxx 50, UK FTSE: Breadth Indicators Point to Further Rise in the Indices
Improving market breadth points to further gains in the S&P 500 index, the UK FTSE […]
Crude Oil Holds the High Ground as Mood Boosted by China PMI. Higher WTI?
The crude oil price has had another stellar week with the markets buoyed by solid […]
Natural Gas Price Action: Due for a Rebound?
Slowing downward momentum and stretched sentiment suggest the multi-month-long slide in natural gas prices could […]
US Dollar Continues Diverging from the Fundamentals, Will PCE Data Realign Traders?
The US Dollar still found no love as traders continued piling into Wall Street despite […]
FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Mar 13, 2023 when FTSE 100 traded near 7,543.90.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
Bitcoin Technical Outlook: Medium-Term Downward Pressure is Fading
Bitcoin’s break earlier this month above a four-year moving average has raised the odds that […]