XAU/USD May Rise as Retail Traders Become Bearish

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

As the month moves to a close, where have the markets taken traders?

With the month ending next Thursday, what moves did we see in August? The USD moved higher versus all the major currencies: DXY: Looking at the dollar index (weighted dollar index), it moved up 2.28% this month. Looking at the daily chart, the price started the month trading above and below the 100-day moving average

Australian Dollar Soars, Will AUD/USD Extend Gains as Retail Traders Turn Bearish?

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,

Euro Faces 6 Weeks of Losses as Retail Traders Persistently Remain Bullish EUR/USD

Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro on course for a 6th consecutive weekly loss Retail traders are maintaining their bullish bets EUR/USD faces rising support from November Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro is on course for a 6th consecutive weekly loss against the US

Dollar steady as China disappoints, traders eye Jackson Hole meeting By Reuters

© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Indyk and Tom Westbrook LONDON (Reuters) – The dollar held firm on Monday following five straight weeks of gains, as investors looked ahead to the Federal Reserve’s Jackson Hole symposium for guidance on where