Focus

Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities UpdateCrude oil prices have rallied over 17 percent since bottomingRetail traders now majority short for the first time since AprilThis hints at an…

Share: Silver Price retreats from fortnight-old resistance to print the first daily loss in three. RSI…

Share: USD/MXN portrays falling wedge bullish chart formation at the lowest levels since December 2015.…

Recommended by Jun Rong Yeap Get Your Free Equities Forecast Market RecapBetter-than-expected earnings results from major US banks provided the go-ahead for the Wall Street rally to continue (DJIA +1.06%;…

Wall Street posted modest declines overnight (DJIA -0.38%; S&P 500 -0.20%; Nasdaq -0.18%), following its return from the holiday break. Late last week, the Fear and Greed Index has reverted back to ‘extreme greed’ territory, which may…

With the US markets off-trading due to the Independence Day holiday, the risk environment was met with a more subdued tone without much economic data to catch on. European markets were flat to slightly lower on a thinly-traded session,…

Major US indices drifted higher on lighter volume to deliver a positive start to the new quarter, as we head into the Independence Day holiday. Overnight, the US Institute for Supply Management (ISM) manufacturing Purchasing Managers'…

GOLD OUTLOOK & ANALYSISUpbeat dollar sets the tone for gold prices this Monday morning.Gold markets seek guidance from US data as tentative Fed pricing endures.$1900 could come under pressure once again. Recommended by…

Share: GBP/USD seesaws around the lowest levels in two weeks, prods two-day downtrend of late. Bearish…

Recommended by IG Traits of Successful Traders The US markets will be back online today to set a clearer backdrop for the risk environment, with US equity futures slightly in the red at the time of writing as…