Australian Dollar holds steady near a major level, expects US Retail Sales to ease

Share: Australian Dollar continues to gain post-release of the RBA Meeting Minutes. RBA board members favored to maintain the current interest rates. Australia’s Consumer Confidence declined to 76.4 compared to the previous figure of 80.1. US Dollar faces challenges due to the dovish comments made by multiple Fed members. Fed member Patrick Harker

USD/MXN hovers above 18.0100 ahead of US Retail Sales

Share: USD/MXN retreats from a two-day winning streak ahead of US economic figures. US Dollar faces a challenge after the weaker preliminary US Michigan Consumer Sentiment Index. Banxico is expected to keep interest rates higher; contributing support for the Mexican Peso. USD/MXN pulls back from the recent gains, trading lower around 18.0160 during the Asian

XAU/USD May Rise as Retail Bets Turn Less Net-Long

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update: Gold prices on course for best week since March Retail trader bets are now shifting more bearish A Death Cross remains in play on daily chart Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices are up over 2.3 percent this week so far,

XAU/USD Remains Vulnerable to Retail Trader Positioning Bets

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices aiming for best week since mid-July Yet, outlook remains bearish based on retail bets What are key technical levels to watch ahead? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast At +1.5%, gold prices are so far on course for the best week

Euro 2-Day Rally Sees Retail Bets Become Slightly More Bearish, Will EUR/USD Rise?

Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro experienced best 2 days since the middle of September Recently, retail traders have started to build downside bets While that may be a bullish signal, downtrend remains intact Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro climbed for a second trading

USD/CAD Rally Seemingly Supported by Bearish Retail Bets

Canadian Dollar, USD/CAD, Technical Analysis, Retail Trader Positioning – IGCS Update Canadian Dollar heading for worst 2-weeks since mid-February Meanwhile, retail traders continue to increase downside exposure USD/CAD achieves key bullish breakout, but momentum fading Recommended by Daniel Dubrovsky Get Your Free USD Forecast The Canadian Dollar is heading towards its worst 2-week period against