Daily Technicals


16 Sep: AUD/JPY IG Shopper Sentiment: Our information reveals merchants are actually net-long AUD/JPY for the primary time since Sep 05, 2023 18:00 GMT when AUD/JPY traded close to 94.15.

Number of traders net-short has increased by 9.13% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIAUD/JPYBEARISH50.65%49.35%15.92% Daily22.63% Weekly-2.58% Daily9.13% Weekly5.99% Daily15.58% Weekly AUD/JPY: Retail trader data shows 50.65% of traders are net-long with the ratio of traders long to short at 1.03 to 1. In fact, traders have remained net-long since Sep 05


16 Sep: Crude Oil Value Outlook: WTI Soars to Resistance as Retail Merchants Change into Extra Bearish

Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities UpdateCrude oil prices close at highest since mid-NovemberRetail traders continue to become increasingly bearishNow, WTI faces the 61.8% Fibonacci extension point Crude oil prices are on pace to rise over 1.8 percent this week so far, with WTI also aiming for a 4th consecutive


16 Sep: Euro Units the Stage for a Win this Week and Retail Merchants Are Extra Bearish EUR/USD

Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS UpdateEuro sets the stage for a potential win this weekAnd, retail traders began turning more bearishWhat technical obstacles does EUR/USD face? While the week is still fresh, the Euro is seemingly on course for its first 5-day gain since July, potentially ending an 8-week losing streak.