Bitcoin: Retail Trader Data Shows 75.9% of Traders Are Net-Long

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


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Spot Gold: 77.7% of Traders are Net-Long

Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.


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Sterling Technical Analysis: GBPUSD Moves Out of Oversold Territory

Little is certain around the UK and Brexit, but the GBP is pulling back after a trip into oversold territory, following a downside run in the month of May.


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Euro Price Outlook: Fundamental Fireworks, EUR/USD Technical Impasse

It was a busy weekend in European politics that hasn't yet showed much impact in the Euro. Is EURUSD setting up for another bear trap?


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EURUSD at Risk from EU/Italian Collision Course, South African Rand Slammed - US Market Open

Italian budget concerns are back on the rise, after the EU threatened Italy with a $3-4bln fine for breaking EU budget rules. South African Rand heads for worst daily drop in over 2-weeks.


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Canadian Dollar Price Outlook: USD/CAD Rally to Resistance Before BoC

USDCAD has made a trip back to range resistance ahead of the Bank of Canada's interest rate decision on the calendar for tomorrow.


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COT Report: Gold Net Longs Slashed, Copper Shorts Peaking, Oil Bulls Scale Back

Hedge funds continued to cut back on its stretched bullish positioning, while gold net longs were slashed. Copper shorts approaching 2018 and 2019 peaks.


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Trading Sentiment Continues to Deteriorate | Webinar

Trader confidence continues to ebb away, increasing the demand for safe havens such as the Japanese Yen and Bunds at the expense of riskier assets such as stocks.


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Market Sentiment Continues to Deteriorate | Webinar

Trader confidence continues to ebb away, increasing the demand for safe havens such as the Japanese Yen and Bunds at the expense of riskier assets such as stocks.


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Gold Price Needs Stimulus, Silver Price Weighed by Lower Highs

Gold continues to battle the downtrend and traders will hope that upcoming US data may provide a catalyst. Silver’s woes remain.


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EURUSD Brushes Off Euro-Zone Consumer Confidence Data, Focus on EU Leader’s Summit

The Euro has been trading higher throughout the morning session as traders focus on the results of the European Elections. Euro-zone Consumer Confidence figures are better than expected but last month’s figures are revised downward.


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COT Report: GBPUSD Shorts Surge on Brexit Turmoil

Amid the Brexit turmoil speculators had heavily increased their bearish positioning on the Pound, while AUD shorts are now at the highest since November 2015.


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Bitcoin (BTC) Price Soars to One-Year High, More to Come?

The crypto-market surged on Sunday with Bitcoin hitting levels last seen in May last year as buyers took control. Next move is key but higher prices may be likely.


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GBP Price Outlook: Downtrend Still in Place After European Elections

GBPUSD is stable early Tuesday in London, largely ignoring the results of the European Parliament elections, but the slide lower in place since the start of the month may well continue.


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Crude Oil Prices at Risk as EU Mulls New Leadership, Italy Budget

Crude oil prices may succumb alongside broader market sentiment if commentary out of an EU leaders’ summit spooks investors and inspires anti-risk liquidation.


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Euro, Equities at Risk as Italy and EU Clash Over Budgets - Again

The Euro and regional equity markets may find themselves in the red after news crossed the wires that Rome and Brussels are locking horns over Italy’s projected budget deficit.


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Dovish RBNZ Forward Guidance to Rattle NZDUSD Rate Rebound

NZD/USD stands at risk of giving back the rebound from the monthly-low (0.6482) as the RBNZ endorses a ‘downward bias’ for the official cash rate.


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Japan Trade Hopes Eclipse US-China Freeze, Boosting Asian Stocks

Investors took some time off from worrying about the apparently distant prospect of a US-China trade deal and hoped for a Japanese agreement instead.


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USDNOK Teeters on Edge of 14-Month Support: Will it Bounce or Break?

USDNOK is a whisper away from a possible break below a 14-month support. The question remains whether the pair have enough resolve to bounce back or will it wilt?


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ASX 200 Rides Trade-War Fears Impressively But May Be Tiring

The ASX 200 has risen above the global landscape of diminished risk appetite thanks to one or two cheerful specific fundamentals. Technically however it looks a bit stretched.


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