- newEUR/GBP IG Client Sentiment: Our data shows traders are now at their most net-long EUR/GBP since May 11 when EUR/GBP traded near 0.87.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading bias.
- 10 hours ago 31 May 23, 6:23pm -
- GBP/USD IG Client Sentiment: Our data shows traders are now net-short GBP/USD for the first time since May 22, 2023 14:00 GMT when GBP/USD traded near 1.24.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.
- 2 days ago 30 May 23, 2:23pm -
- Australian Dollar Breaks Range but Lacks Follow Through. Will AUD/USD Reverse?
The Australian Dollar bounced off the recent low to start this week despite some soft economic data. Some technical signals might be saying something. Will AUD/USD go lower?
- 2 days ago 30 May 23, 2:00am -
- The Mystery of Bearish Engulfings: Do they Reliably Predict Forex Price Reversals?
An analysis of 37,000 candles was conducted across major currency pairs (EUR/USD, GBP/USD, USD/JPY, AUD/USD, and USD/CAD), identifying 200 valid Bearish Engulfings. What is the verdict?
- 3 days ago 28 May 23, 11:00pm -
- EUR/USD at Critical Juncture as Bears Launch All-Out Assault on Major Trendline
EUR/USD remains biased to the upside in the medium term, but the outlook could turn negative if the pair breaks below a key trendline that has been guiding prices higher since September of last year.
- 8 days ago 24 May 23, 3:30pm -
- France 40 IG Client Sentiment: Our data shows traders are now net-long France 40 for the first time since Mar 15, 2023 when France 40 traded near 6,947.70.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias.
- 8 days ago 24 May 23, 1:23pm -
- FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since Mar 30, 2023 when FTSE 100 traded near 7,622.50.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
- 8 days ago 24 May 23, 9:23am -
- Gold and Silver Price Outlook: XAU/USD, XAG/USD May Fall as Retail Crowd Goes Long
Gold and silver prices may extend lower as retail traders become increasingly bullish. Meanwhile, multiple Death Crosses might be on the horizon, offering a bearish technical view.
- 8 days ago 23 May 23, 11:00pm -
- Japanese Yen Setups: USD/JPY Muted After Breakout, AUD/JPY Forges Double Top
USD/JPY is showing signs of exhaustion after its impressive rally in recent weeks. Meanwhile, AUD/JPY is carving out a double top pattern, which may have bearish implications if confirmed.
- 8 days ago 23 May 23, 7:00pm -
- Nasdaq 100 Entrenched in Indisputable Uptrend but Poor Market Breadth Is Ominous
The Nasdaq 100 has risen significantly this year despite numerous headwinds, but market breadth has been poor, with the rally driven primarily by a few big players in the tech space developing AI products.
- 10 days ago 22 May 23, 4:30pm -