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Bullish Signals for NZD/USD, Bitcoin From Market Sentiment Data | Webinar

Posted by By 27/10/2020Posted inForex
IG Client Sentiment figures, which track the positioning of retail traders, are sending out bullish contrarian trading signals for both NZD/USD and Bitcoin.
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USD/CAD Technical Outlook: Trying to Bottom at Long-term Support

Posted by By 27/10/2020Posted inForex
USD/CAD is trying to decide whether to go left or right here at levels extending back over a decade; the days and weeks ahead could be a big tell.
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Gold Price – Looking For a Reason to Range Break as Volatility Wanes

Posted by By 27/10/2020Posted inForex
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…
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EUR/GBP Analysis: Brexit Hopes Bolster Pound Sterling

Posted by By 27/10/2020Posted inForex
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?
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EUR/USD Outlook: Euro Battles Support, ECB May Signal December Action

Posted by By 27/10/2020Posted inForex
Short-term support keeps EUR/USD afloat for now, ECB to address the worsening Eurozone growth outlook.
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British Pound (GBP) Latest: GBP/USD Still Sliding Lower as Brexit Talks Continue

Posted by By 27/10/2020Posted inForex
Brexit talks are still taking place, and there are still hopes of a deal, but no progress is likely before the US elections next Tuesday.
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S&P 500 Index Perched At Key Support as Fiscal Aid Hopes Evaporate

Posted by By 27/10/2020Posted inForex
The S&P 500 index is at risk of extending its fall from the monthly high as fiscal aid hopes evaporate and Covid-19 cases surge.
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GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Oct 16, 2020 when GBP/JPY traded near 136.11.

Posted by By 27/10/2020Posted inForex
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.
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Crude Oil Prices Fall as Second Viral Wave Dampens Demand Outlook

Posted by By 27/10/2020Posted inForex
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.
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New Zealand Dollar Outlook: Cyclical Upturn Ahead for NZD/USD?

Posted by By 27/10/2020Posted inForex
The New Zealand Dollar may continue to outperform the haven-associated US Dollar as price breaks above key long-term resistance.
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