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Retail traders just can’t get enough of buying up the Japanese Yen. This is despite persistent gains in USD/JPY and AUD/JPY. Is more trouble ahead for the currency?
The S&P 500 and Dow Jones are at risk as retail traders continue to sell Wall Street ahead of the US CPI report. Is more trouble ahead for Wall Street?
The Dow Jones and S&P 500 rallied the most over 2 days since April 2020. Retail traders have been selling the rip, which is a positive sign for Wall Street. Bullish Engulfings also offer some optimism.
Believe it or not, retail traders continue to buy the dip on Wall Street. As a contrarian signal, this hints that more losses may be in store for the S&P 500 and Dow Jones.
The New Zealand Dollar sank in the worst day since March 2020 as US CPI data beat estimates. Retail traders boosted NZD/USD long bets, is this a sign more pain is ahead for the Kiwi?