Gold prices surged higher as a miss in US job openings fueled a lower terminal Federal Funds Rate. Now, retail traders are more bearish than before. Will gold continue higher?
Gold prices have extended a cautious march towards a key falling trendline from earlier this year. With retail traders becoming more bearish, will XAU/USD push higher next?
The British Pound fell the most over the past 24 hours since late July and retail traders have increased upside exposure. Will GBP/USD extend lower as a bearish Head & Shoulders brews?
The Australian Dollar confirmed its best day against the US Dollar since the end of July. Retail traders started unwinding upside exposure. Will AUD/USD rise next?
The Euro is on course for a 6th consecutive weekly loss, the longest losing streak since 2018. Persistent bullish retail traders offer a stronger EUR/USD bearish contrarian trading bias.