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EUR/USD IG Client Sentiment: Our data shows traders are now net-long EUR/USD for the first time since Aug 27, 2021 when EUR/USD traded near 1.18.

Posted by By 10/09/2021Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bearish contrarian trading bias.
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US Stock Market Forecast: Technology Sector (XLK) Remains Bullish

Posted by By 10/09/2021Posted inForex
The technology sector continues to be an outperformer; XLK may present an attractive opportunity for traders.
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Breaking News: Canadian Employment Change Misses Estimate, USD/CAD Reaction

Posted by By 10/09/2021Posted inForex
Canadian employment change data confirmed an additional 90.2k jobs added to the local economy missing expectations of 100k
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Australian Dollar Forecast: Remaining Bearish on AUD Rallies

Posted by By 10/09/2021Posted inForex
AUD rises up to resistance. Remaining bearish on rallies in the AUD. Risk sentiment to dictate direction.
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Crypto Latest: Ether (ETH) Leads the Losses Despite NFT Popularity, Bitcoin (BTC) Sees Higher Lows

Posted by By 10/09/2021Posted inForex
Crypto pullback continues as buyers struggle to regain momentum to break higher
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British Pound (GBP) Price Outlook: EUR/GBP May Rally, UK Inflation Looms

Posted by By 10/09/2021Posted inForex
After Friday’s mixed bag of UK economic data, next week’s UK inflation numbers will be the likely focus for EUR/GBP traders. Inflation may well undershoot, prompting a move higher for…
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Hang Seng Index Higher as Risk Turns On But AUD/USD Can’t Catch A Bid. Where To From Here?

Posted by By 10/09/2021Posted inForex
Asian equities gained as markets turned upbeat after the leaders of the US and China had a phone call. The Australian Dollar remained trapped. Will AUD/USD continue lower?
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Gold Prices Pressured Near 1800, Crude Oil and Copper Capped at Chart Barriers

Posted by By 10/09/2021Posted inForex
Gold prices still seem dazed after a brutal one-day selloff erased close to two weeks of gains. Crude oil and copper prices are struggling at chart resistance levels.
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US Dollar Downtrend Fizzling? USD/SGD, USD/THB, USD/PHP, USD/IDR

Posted by By 10/09/2021Posted inForex
The US Dollar’s downtrend against ASEAN currencies seems to be on the verge of fizzling. USD/SGD, USD/THB, USD/PHP and USD/IDR seem to be mounting a comeback. Where to next?
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New Zealand Dollar Forecast: NZD/USD May Fall After Weak Economic Data

Posted by By 09/09/2021Posted inForex
The New Zealand Dollar may see some weakness versus the US Dollar after data showed that electronic card spending fell in New Zealand last month as Covid lockdowns hit consumption.
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