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  • Gold (XAU/USD), Silver (XAG/USD) Forecast: Upside Potential but Technical Hurdles Lie Ahead
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Day: April 20, 2023

Cryptocurrency

Bitcoin continues its move to the downside

Posted onApril 20, 2023

The price a bitcoin reached a new low just above the $28,000 level at $28,005. The current price trades at $28,128. Looking at the hourly …

Cryptocurrency

Bitcoin erases the April rally as it falls back to $28,000

Posted onApril 20, 2023

Two days of heavy selling have erased the April rally in bitcoin and knocked it back to $28,000. It’s still up 40% in the past …

Sentiment

Silver IG Client Sentiment: Our data shows traders are now at their least net-long Silver since Sep 26 when Silver traded near 18.41.

Posted onApril 20, 2023

Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current Silver price trend may soon …

Sentiment

USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Apr 10, 2023 19:00 GMT when USD/CAD traded near 1.35.

Posted onApril 20, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading …

Recent Posts

  • Markets Week Ahead: US Dollar, British Pound, Euro, Key Inflation Gauge, German CPI
  • US Dollar Technical Weekly Outlook: EUR/USD, GBP/USD in Focus as Downtrends Continue
  • S&P 500, Dow Jones Forecast: Fed Rate Path Weighs on Equities
  • Newsquawk Week Ahead: Highlights include US PCE, EZ Flash CPI & China Caixin PMI
  • Gold (XAU/USD), Silver (XAG/USD) Forecast: Upside Potential but Technical Hurdles Lie Ahead

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