Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bearish contrarian trading bias.
EUR/USD IG Client Sentiment: Our data shows traders are now net-long EUR/USD for the first time since May 30, 2024 13:00 GMT when EUR/USD traded near 1.08.2024-06-06 07:59:13Indices Update: As of 18:00, these are your best and worst performers based on the London trading schedule: US 500: 0.23% Wall Str...
EUR/USD IG Client Sentiment: Our data shows traders are now net-long EUR/USD for the first time since May 30, 2024 13:00 GMT when EUR/USD traded near 1.08.Retail trader data shows 51.32% of traders are net-long with the ratio of traders long to short at 1.05 to 1.traded near 1.08, price has moved 0.23% lower since then. The number of traders net-long is 13.19% higher than yesterday and 30.59% higher from last week, while the number of traders net-short is 21.65% lower than yesterday and 24.
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EUR/USD IG Client Sentiment: Our data shows traders are now net-long EUR/USD for the first time since May 09, 2024 when EUR/USD traded near 1.08.Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bearish contrarian trading bias.
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EUR/USD Forecast: EUR/USD steady sub-1.0900 ahead of fresh cluesThe EUR/USD saw little action on Monday, hovering around the 1.0860 mark for most of the day.
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EUR/USD Forecast: EUR/USD holds in range after a disappointing US ADP surveyFinancial markets were mostly quiet throughout the first half of the day, with the US Dollar achieving modest intraday gains amid prevalent caution.
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EUR/USD hovers around 1.0750 with a negative sentiment amid hawkish FedEUR/USD could extend its losses for the third successive session, trading around 1.0750 during the Asian session on Thursday.
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EUR/USD, USD/JPY, USD/CAD – Sentiment Analysis and Market OutlookThe article provides a comprehensive analysis of retail sentiment on EUR/USD, USD/JPY, and USD/CAD, investigating potential near-term scenarios influenced by market positioning and contrarian cues.
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US Dollar Sentiment Analysis & Outlook: GBP/USD, EUR/USD, NZD/USDThis article delves into sentiment trends for GBP/USD, EUR/USD, and NZD/USD, analyzing how the current positions held by retail traders might offer clues about the market outlook from a contrarian standpoint.
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