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Number of traders net-short has increased by 10.33% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIEUR/USDBULLISH48.97%51.03%-7.43% Daily-10.85% Weekly6.71% Daily10.33% Weekly-0.71%…

GBP/USD PRICE, CHARTS and ANALYSIS:UK Mortgage Approvals Decline for a Fifth Consecutive Month.EU-UK Deal Optimism May be Misplaced as Benefits for the Broader UK Economy are Expected to be Minimal.Technicals Providing a Host of…

Many Forex traders, especially new Forex traders, can feel lost and confused in the market. They feel they can make money but they find it hard to achieve this with any kind of consistency. Some end up saying that the market is…

Who’s ready for some crypto trading? In case you missed it, China printed a waaay better-than-expected manufacturing report earlier today. The upside surprise, combined with start-of-month risk-taking helped push the risk-sensitive…

Share: Economists at Commerzbank update their EUR/USD forecasts. The pair is expected to remain under…

Dow Jones, S&P 500, Retail Trader Positioning, Technical Analysis – IGCS Equities UpdateDow Jones and S&P 500 have been cautiously weakeningRetail traders continue increasing upside exposure in themFrom a contrarian view, this is…

Hong Kong’s Hang Seng Index leapt higher after Chinese PMI readings were much better than expected amid hopes that the world’s second-largest economy might stoke global growth.Hang Seng Index, HSI, China PMI, AU GDP, JP PMI, Caixin, NPC -…

Share: Gold price is aiming to shift its business above $1,830.00 as investors shrug off hawkish…

US Treasury yields, US dollar, USD – Outlook:US Treasury yields’ rally is showing signs of fatigue.Yields are testing major resistance ahead of key US economic data.What is the outlook and what are the key signposts to watch?…

Australian Dollar, AUD/USD, GDP, S&P ASX 200, CPI, RBA -Talking PointsThe Australian Dollar has lost ground after GDP disappointedStagflation might undermine the prospect of a soft landingThe RBA is anticipated to hike next week. Is…