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Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Sep 25, 2020 when Wall Street traded near 27,144.50.

Posted by By 26/10/2020Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bearish contrarian trading bias.
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GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since Oct 16, 2020 when GBP/USD traded near 1.29.

Posted by By 26/10/2020Posted 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/USD-bearish contrarian trading bias.
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How Will the Election Affect the Stock Market? Dow Jones Forecast

Posted by By 26/10/2020Posted inForex
Presidential elections are known to dominate popular culture and news media in the lead up to November, but what does an election do to the stock market?
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USD/JPY Price Action: USDJPY May Rise as Stocks Trade Lower

Posted by By 26/10/2020Posted inForex
USD/JPY attempts to claw back last weeks losses with a test of 105.00
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Markets Week Ahead: Dow Jones, US Dollar, Stimulus, GBP, Brexit, EUR, ECB, JPY, BoJ

Posted by By 26/10/2020Posted inForex
Global market sentiment remains fragile heading into a busy week. The Dow Jones and US Dollar eye ongoing fiscal stimulus talks as the election nears. GBP/USD remains glued on Brexit…
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South African Rand Dollar Forecast: USD/ZAR Conflicted Ahead of Major Risk Events

Posted by By 26/10/2020Posted inForex
USD/ZAR remains below key psychological level ahead of major risk events
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DAX 30, CAC 40 Technical Outlook Worsens with Support Under Siege

Posted by By 26/10/2020Posted inForex
The European indices continue to look fragile, and with the DAX testing a big spot of support things could get significantly worse if it doesn't hold.
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DAX 30 Hits a Three-Month Low as SAP Cuts Earnings and Revenue Outlook

Posted by By 26/10/2020Posted inForex
The DAX 30 fell over 2% in early turnover after German software giant SAP abandoned its prior forecasts due to the ongoing hit to demand from the coronavirus.
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Canadian Dollar Net Shorts Jump, Investors Buy GBP/USD Dips – COT Report

Posted by By 26/10/2020Posted inForex
Sentiment in the Canadian Dollar deteriorates, while investors buy the GBP/USD dip.
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British Pound (GBP) Latest – Brexit Talks Continue, Sterling Remains on Edge

Posted by By 26/10/2020Posted inForex
Talks between the EU and the UK will continue in London this week, suggesting that a deal may be in the making. Sterling, however, will remain on the back foot…
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