IG Client Sentiment figures, which track the positioning of retail traders, are sending out bullish contrarian trading signals for both NZD/USD and Bitcoin.
Gold is heading nowhere fast and needs a driver to break the current restrictive trend. A fragile equity space, dollar weakness, and US presidential elections are all capable of driving…
EUR/GBP has shown minimal price action of late but will upcoming EU economic data and Brexit negotiations be the catalysts needed to establish a directional bias?
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bearish contrarian trading bias.
WTI crude oil prices fell for a second day as a resurgence in coronavirus cases around the globe weighed on the energy demand outlook. EIA’s crude inventory report in focus.