Australian Dollar Price Setup: Can AUD/USD Rise to 0.80?
A bullish reverse head & shoulders pattern brewing makes a case for the AUD/USD to […]
Natural Gas Reinforces Support as Prices Attempt a Bullish Falling Wedge Breakout
Natural gas prices appear to have reinforced support following fading downside momentum. On the 4-hour […]
EUR/CHF IG Client Sentiment: Our data shows traders are now at their least net-long EUR/CHF since Nov 03 when EUR/CHF traded near 0.99.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
AUD/JPY IG Client Sentiment: Our data shows traders are now net-short AUD/JPY for the first time since Mar 09, 2023 when AUD/JPY traded near 89.84.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
British Pound Price Setup: GBP/USD, EUR/GBP, GBP/JPY
The British Pound’s rebound this month from fairly strong support keeps alive the possibility of […]
Hang Seng Index Jumps on Alibaba News as Banking Issues Subside. Higher HSI?
The Hang Seng Index found a firmer footing after Alibaba announced a split up of […]
S&P 500 and Nasdaq Outlook: Resilience Amid the Turmoil in the Banking Sector
The S&P 500 and the Nasdaq 100 index have been resilient despite the turmoil in […]
EUR/CHF IG Client Sentiment: Our data shows traders are now net-short EUR/CHF for the first time since Jan 13, 2023 when EUR/CHF traded near 1.00.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Feb 15, 2023 when USD/CAD traded near 1.34.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
US Dollar Dismissed Despite Upbeat Consumer Confidence, Further Pain Ahead?
Despite upbeat US consumer confidence data, the US Dollar did not receive any love on […]
EUR/USD Doesn’t Look Ripe for a Break Above 1.10 Ahead of H.8 Data
The break last week above an important resistance has boosted hopes of a fresh leg […]
DAX 40, FTSE 100 May Stabilize Further as Retail Traders Boost Bearish Exposure
Recently, the DAX 40 and FTSE 100 have been stabilizing. Retail traders responded by boosting […]