Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices aiming for 2nd weekly gain Retail traders continue to become bearish But, technical signals offer reversal signs Recommended by Daniel Dubrovsky Get Your Free Oil Forecast WTI crude oil prices are aiming for a second consecutive weekly gain so far.
© Reuters. LONDON (Reuters) – Morgan Stanley’s analysts returned to a ‘bearish’ stance on emerging market FX on Tuesday, predicting China’s economic strains would continue to push down its currency and flagged the growing set of developing countries also now cutting interest rates. “We expect more CNH (yuan) weakness, and China macro risks add to
Japanese Yen, USD/JPY, Technical Analysis, Retail Trader Positioning – IGCS Update Japanese Yen weakens to softest since November Retail traders are already strongly bearish USD/JPY Is this a sign that the exchange rate may rise? Recommended by Daniel Dubrovsky Get Your Free JPY Forecast The Japanese Yen closed at its weakest against the US Dollar
EUR/USD ANALYSIS EUR/USD retreated on Wednesday, falling to a three-month low around the 1.0700 handle, as strong U.S. economic data increased the probability of additional FOMC policy firming in 2023, reinforced the case for a restrictive monetary policy position for an extended period and propelled U.S. Treasury yields upwards, with the 2-year yield comfortably breaking
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices fell the most in over one month Retail traders turned less bearish on Monday Does this bode ill for XAU/USD next? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices fell almost 0.7 percent on Monday marking the worst 24-hour period in
Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices extend gains from last week More retail traders are becoming bearish Will positioning hint at WTI clearing resistance? Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Crude oil prices extended higher over the past 24 hours, continuing a near-term
Bearish rectangle pattern video and example In this post I focus to show example for bearish rectangle pattern in my trading strategy based on price action and supply demand rectangles. With this technical analysis indicator I can do a lot of trading and charting very quickly and easily. Bearish rectangle chart pattern is used to place
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices surge higher on JOLTS job openings Retail traders continued increasing bearish bets XAU/USD may rise, but faces key resistance now Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices soared nearly 1% over the past 24 hours after an unexpected miss in
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices extend recent push higher to trendline Retail traders are becoming slowly more bearish Will XAU/USD push higher in the coming sessions? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices have been aiming higher in recent weeks. In response retail traders have
Australian Dollar, AUD/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Australian Dollar gains most since end of July Retail traders started unwinding bullish bets Will AUD/USD extend higher from here? Recommended by Daniel Dubrovsky Get Your Free AUD Forecast Over the past 24 hours, the Australian Dollar soared 0.9 percent against the US Dollar,
