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Number of traders net-short has increased by 25.38% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUSD/CADBULLISH49.94%50.06%-1.43% Daily-13.93% Weekly3.75% Daily25.38% Weekly1.10%…

S&P 500, SPX, NASDAQ 100, NDX - OUTLOOK:Signs of fatigue on the Nasdaq 100 index charts amid extreme optimism.The S&P 500 index has fallen below a support for the first time since April.What is the outlook and the key levels to…

Share: EUR/USD bounces off three-week-old falling support line, forming part of falling wedge bullish chart…

Crude Oil, WTI, Brent, Fitch, US Treasury, EIA, API, RBOB, Backwardation, OVX – Talking PointsCrude oil headwinds mount despite favourable inventory dataA switch may have been flicked in the underlying structure of the WTI futures marketIf…

Share: USD/MXN seesaws at three-week high, challenges multi-day-old bearish channel formation. Clear break…

Gold, Retail Trader Positioning, Technical Analysis – IGCS UpdateGold prices dipped as US longer-term Treasury yields roseRetail traders have responded by becoming more bullishThis is a warning sign that further losses may be ahead…

Japanese Yen (USD/JPY, EUR/JPY) AnalysisThe yen claws back some losses after BoJ minutes and clarity from Deputy Governor Uchida on the intention of recent yield curve adjustmentUSD/JPY heads lower after BoJ meeting and US credit…

Share: EUR/USD tallies a third stright daily loss, and fell to the 1.09370 level. The Labour market in the…

JULY NONFARM PAYROLLS REPORTThe U.S. Bureau of Labor Statistics will release the July employment survey on FridayThe U.S. economy is expected to have added 200,000 jobs last month, following a gain of 209,000 jobs in June.The strength of…

Share: WTI crude oil benchmark is down 3.24% after hitting a daily high of $82.39. Fitch’s revision of US…