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Market sentiment, news and analysis:

  • US and European stock markets have been trading sideways over the last few sessions but sentiment still seems positive.
  • Traders also seem optimistic about the outlook for gold and crude oil.

Trader sentiment positive

Stock market sentiment remains positive despite a couple of flat trading sessions as traders continue to opt for riskier, higher-yielding assets. However, gold prices are rising too, which is unusual in a “risk-on” environment.

Crude oil prices are climbing as well but most of the major currency pairs are trading sideways.

In this webinar, I looked at the charts of various currency, stock and commodity markets, at the latest news driving them, at various sentiment indicators and at the forward-looking confidence data due this coming week.

Resources to help you trade the forex markets:

Whether you are a new or an experienced trader, at DailyFX we have many resources to help you:

--- Written by Martin Essex, Analyst and Editor

Feel free to contact me via the comments section below, via email at or on Twitter @MartinSEssex