bearish

Crude Oil, WTI, Head & Shoulders – Technical Update:Crude oil prices may be readying to extend lowerDaily chart is maintaining a broader bullish biasBut, bearish Head & Shoulders in focus on 4-hour Recommended by…

AUD/USD is still stuck in consolidation! If you’re hoping to catch a big move from this pair, you might wanna check out this symmetrical triangle on its hourly time frame. Don’t forget that this week is filled with top-tier catalysts,…

British Pound, GBP/USD, Descending Channel – Technical Update:British Pound transitions into sideways price actionDaily chart reveals bearish Head & Shoulders pattern4-hour timeframe has key moving averages in focus Recommended by…

Share: Gold Price remains sluggish at five-month low after declining for four consecutive weeks. Firmer US…

Canadian Dollar, USD/CAD, Technical Analysis, Retail Trader Positioning – IGCS UpdateCanadian Dollar depreciated to its weakest level since late MayRetail traders have been increasing USD/CAD downside betsAlongside technical cues,…

Share: Silver oscillates in a narrow band above its lowest level since June 30 set on Monday. The setup…

Euro, EUR/USD, 100-day MA Breakout – Technical Update:The Euro closed at its lowest since early July on MondayEUR/USD also broke under the 100-day moving averageThe 4-hour chart gives us a better idea of support levels Recommended by…

Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities UpdateCrude oil prices weakened over the past couple of daysRetail traders are beginning to increase upside exposureMeanwhile, a Bearish Engulfing was…

Share: AUD/USD drifts lower for the fifth successive day and drops to a fresh YTD low on Monday. A softer…

Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities UpdateCrude oil prices on course for a 7th week of gainsRetail traders are becoming increasingly bearishThis offers a signal that WTI may continue higher…