Japanese Yen Outlook: USD/JPY, EUR/JPY at Risk Amid Rising Net-Long Bets
2021-06-09 05:00:00
Daniel Dubrovsky,
Strategist
Japanese Yen, USD/JPY, EUR/JPY, Technical Analysis, Retail Trader Positioning - Talking Points
Retail traders are betting on a continued decline in the Yen
Check out my webinar recording to learn more about IGCS
According to IG Client Sentiment (IGCS), retail investors are seemingly increasing their long exposure in Japanese Yen crosses like USD/JPY and EUR/JPY. IGCS is typically a contrarian indicator. This could signal more room for these pairs to fall ahead. For further analysis into the Yen and IGCS, where I discussed how you can use the tool in your own trading strategy, check out the recording of this week’s webinar above.
The Japanese Yen remains under pressure as retail traders seem to be maintaining a net-short bias in USD/JPY and AUD/JPY. But, recent signals seem to hint that their trends may slow.
Dow Jones, DAX 30 Forecast: Retail Traders Resume Selling, More Gains Ahead?
2021-05-26 04:30:00
Daniel Dubrovsky,
Strategist
Dow Jones, DAX 30, Technical Analysis, Retail Trader Positioning - Talking Points
Rising retail trader short bets in the Dow Jones and DAX 30 offer bullish signals
Dominant uptrends remain intact, but momentum could risk fading if prices rise
Check out the recording of the webinar on IGCS for an overview of the tool
In this week’s session on IG Client Sentiment (IGCS), which is a tool to gauge retail trader positioning, I discussed the outlook for the Dow Jones and DAX 30. IGCS is usually a contrarian indicator. For detailed analysis, check out the recording of the session above, where I discussed how to use IGCS in a trading strategy. I also covered the fundamental outlook for the two indices.
Dow Jones, S&P 500 Forecast: Are Retail Traders Buying the Dip? 2020 Trendlines Eyed
2021-05-19 03:00:00
Daniel Dubrovsky,
Strategist
Dow Jones, S&P 500, Technical Analysis, Retail Trader Positioning - Talking Points
Stocks on Wall Street remain vulnerable after last week’s wobbly performance
Rising retail trader long bets in the Dow Jones and S&P 500 offer warning sign
Bearish candlestick patterns in them are still in play, will key trendlines hold?
Last week, IG Client Sentiment (IGCS) hinted that the Dow Jones and S&P 500 were at risk of turning lower. IGCS is a tool to gauge retail trader positioning and it is often used as a contrarian indicator. Investors were starting to unwind deeply skewed net-short positioning in the Dow and S&P. This could have been due to forced liquidation as prices climbed over the past few months, resulting in most retail traders realizing losses.
The Dow Jones and S&P 500 outlook appears bleak in the near term as retail traders increase their upside exposure. At the same time, these indices confirmed bearish technical warning signs.