XAU/USD Still Vulnerable Amid Bullish Retail Bets

[ad_1] 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

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

[ad_1] Share: UK Retail Sales for July disappoint with a -1.2% MoM drop, surpassing the anticipated -0.5% decline. Strong UK GDP readings and high wages keep BoE rate hike expectations alive, with a 6% peak on the Bank Rate anticipated. Eyes on upcoming PMIs, housing data, and Fed Chair Jerome Powell’s speech for

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

[ad_1] 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 Slides as UK Retail Sales Disappoints

[ad_1] 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.

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

[ad_1] 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

USD/CAD May Extend Breakout Amid Bearish Retail Traders

[ad_1] 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

XAU/USD Remains at Risk Amid Bullish Retail Traders

[ad_1] 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