USD/CAD IG Client Sentiment: Our data shows traders are now at their least net-long USD/CAD since Oct 02 when USD/CAD traded near 1.38.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
S&P 500 and Nasdaq Outlook: Is Powell’s Testimony a Game Changer?
Is the US Federal Reserve Chair Jerome Powell’s testimony to Congress this week a game […]
Dow Jones, Crude Oil Prices Vulnerable as Retail Traders Boost Net-Long Bets
The Dow Jones and crude oil have been falling recently. Retail traders responded by increasing […]
Japanese Yen Price Setup Ahead of BOJ: USD/JPY, EUR/JPY, AUD/JPY
US jobs data could overshadow the outcome of the Bank of Japan meeting on Friday. […]
Euro Technical Outlook – Trapped in the Range. Will EUR/USD Breakout?
The Euro raced to the bottom of the recent range this week against the US […]
Natural Pas Prices Facing Worst Week Since January, Eyes on Key Moving Averages
Natural gas prices are setting up for the worst week since late January, with prices […]
Precious Metals Lose Shine After Powell; What’s Next for Gold and Silver?
Precious metals appear to be losing shine after US Fed Chair Powell stepped up higher […]
US Dollar Price Setup After Powell: EUR/USD, GBP/USD, USD/JPY
The USD looks set to gain further against some of its peers on relative outperformance […]
Hang Seng Index Price Setup: Are We There Yet?
The downward correction that started in the Hang Seng Index (HSI) doesn’t appear to be […]
Natural Gas Prices Reverse on Milder Weather Outlook, Rising Wedge Breakout Eyed
Natural gas prices abruptly reversed lower on Monday as a milder US weather outlook plunged […]
TOPIX and KOSPI Price Setup: Eying Bullish Breakouts
TOPIX and KOSPI are gearing for a bullish break that could potentially lead to gains […]
Gold Looks to Powell for a Confirmation
Precious metals appear to be holding their last week’s gains and probably looking for an […]