XAU/USD Still Vulnerable Amid Bullish Retail Bets

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices weakened for 4 consecutive weeks Retail traders continue to become more bullish What are key levels to watch for in XAU/USD? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices concluded a 4th consecutive week of losses this past Friday. In fact,

GBP/USD dips on sour sentiment, soft UK retail sales

Share: GBP/USD retreats from daily highs and losses for the second day in the week but remains set to finish the week on a higher note. Retail Sales in the United Kingdom (UK) were softer, but most data supports the Bank of England’s (BoE) case for a rate hike at its upcoming meeting. The GBP/USD

GBP Slides as UK Retail Sales Disappoints

GBP PRICE, CHARTS AND ANALYSIS: Free Forecast on the GBP Below, Download Now Recommended by Zain Vawda Get Your Free GBP Forecast Read More: EUR/GBP, GBP/USD Remain Rangebound as GBP Faces a Defining Week GBP struggled this morning as UK retail sales disappointed in the face of a rainy and wet month of July. GBPUSD

7-Week Win Streak at Risk as Retail Traders Shift Exposure

Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil price 7-week winning streak coming to an end? Retail traders are starting to turn bullish on the commodity This is a sign that further losses might be ins tore for oil Recommended by Daniel Dubrovsky What is the outlook for crude

USD/CAD May Extend Breakout Amid Bearish Retail Traders

Canadian Dollar, USD/CAD, Technical Analysis, Retail Trader Positioning – IGCS Update Canadian Dollar depreciated to its weakest level since late May Retail traders have been increasing USD/CAD downside bets Alongside technical cues, positioning supports a bullish bias Recommended by Daniel Dubrovsky What is the outlook for the US Dollar? The Canadian Dollar continued its losing

XAU/USD Remains at Risk Amid Bullish Retail Traders

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices aiming for worst month since February Retail traders continue to become more net-long XAU/USD at risk after breaking below trendline Recommended by Daniel Dubrovsky Get Your Free Gold Forecast So far this month, gold prices have weakened about -3.2 percent as a combination of

All eyes on US retail sales data due Tuesday, 15 August 2023 – preview

Coming up at 8.30 am US Eastern time today, July retail sales data from the US: Preview comments from Bank of America, looking for a solid beat. Bolding is mine: We expect a robust retail sales report for July Over the last two trading days, BofA Global Research analysts have published 12 notes on July