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USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Jul 21, 2021 when USD/CAD traded near 1.26.

Posted by By 19/08/2021Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading bias.
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SA40 Overview: SA’s Main Exchange (JSE) Experiences Outage

Posted by By 19/08/2021Posted inForex
The SA40 Index surges lower after yesterday’s outage which halted all trading for over 5 hours. Key levels analyzed.
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S&P 500 Technical Forecast: Status Quo or Change of Character?

Posted by By 19/08/2021Posted inForex
The S&P 500 is testing trend-line support again; watching for signs of whether the market will maintain status quo or change character.
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EUR/USD Outlook Mired by Failure to Defend March Low

Posted by By 19/08/2021Posted inForex
EUR/USD may continue to trade to fresh yearly lows ahead of the Fed Economic Symposium as it extends the series of lower highs and lows from the start of the…
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USD/CAD Technical Outlook: Ripping Towards Yearly Highs

Posted by By 19/08/2021Posted inForex
USD/CAD is exploding higher towards the best levels of the year; hurdles to cross to get there and what lies beyond should it break out.
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US Dollar Charges into Key Resistance, Equities Sell-Off as Covid Risks Mount

Posted by By 19/08/2021Posted inForex
USD hits multi-month highs, however, key resistance caps further upside for now
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France 40 IG Client Sentiment: Our data shows traders are now net-long France 40 for the first time since Jul 21, 2021 when France 40 traded near 6,484.00.

Posted by By 19/08/2021Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias.
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Fed Minutes Spook Investors: CAC 40 and DAX 30 Picking Up Bearish Momentum

Posted by By 19/08/2021Posted inForex
Global equites fall into a bearish trap as investors react to taper talk from the Fed meeting minutes
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Robinhood (HOOD) Slumps on Earnings Warning, Dogecoin (DOGE) Brings in The Bucks

Posted by By 19/08/2021Posted inForex
Trading app Robinhood shares fell over 13% after the company warned of a Q3 slowdown with Dogecoin activity highlighted by the company.
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British Pound (GBP) Price Outlook: GBP/USD Searches for Support After Fall

Posted by By 19/08/2021Posted inForex
Hit by a stronger US Dollar, GBP/USD has broken below the support line of a downward-sloping channel in place on the charts since the end of last month.
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