Forex Technical Analysis

/Forex Technical Analysis

Gold Price Outlook Looks to Be Down Before Up

2019-12-12T12:00:00+00:00

Gold and silver remain stuck in neutral to bearish trends in the near-term, the longer-term still set up for higher prices; looks like down then up.

Gold Price Outlook Looks to Be Down Before Up 2019-12-12T12:00:00+00:00

USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Jun 26 when USD/CHF traded near 0.98.

2019-12-13T19:09:19+00:00

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bearish contrarian trading bias.

USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Jun 26 when USD/CHF traded near 0.98. 2019-12-13T19:09:19+00:00

AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since Nov 07, 2019 when AUD/USD traded near 0.69.

2019-12-13T19:09:23+00:00

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bullish contrarian trading bias.

AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since Nov 07, 2019 when AUD/USD traded near 0.69. 2019-12-13T19:09:23+00:00

EUR/USD Technical Analysis: Euro Pop Failing at Range Top?

2019-12-13T19:09:24+00:00

The Euro jumped higher to challenge range resistance capping upside progress since mid-October. Signs of ebbing momentum warn it may be back on defense soon.

EUR/USD Technical Analysis: Euro Pop Failing at Range Top? 2019-12-13T19:09:24+00:00

NZD/USD Technical Analysis: 2-Year Downtrend Top Under Fire

2019-12-13T19:09:26+00:00

The New Zealand Dollar is testing resistance guiding the currency lower against its US counterpart for over two years. Will buyers prevail or be rejected yet again?

NZD/USD Technical Analysis: 2-Year Downtrend Top Under Fire 2019-12-13T19:09:26+00:00

USD/JPY IG Client Sentiment: Our data shows traders are now net-short USD/JPY for the first time since Dec 03, 2019 15:00 GMT when USD/JPY traded near 108.66.

2019-12-13T19:09:29+00:00

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bullish contrarian trading bias.

USD/JPY IG Client Sentiment: Our data shows traders are now net-short USD/JPY for the first time since Dec 03, 2019 15:00 GMT when USD/JPY traded near 108.66. 2019-12-13T19:09:29+00:00