Never miss a story from Martin Essex

Subscribe to receive daily updates on publications
Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from DailyFX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

You are subscribed to Martin Essex

You can manage your subscriptions by following the link in the footer of each email you will receive

An error occurred submitting your form.
Please try again later.

Market sentiment analysis:

  • All eyes in the markets at present are on the latest US corporate earnings, economic data and the US interest rate decision at the end of the month.
  • Confidence is mildly positive, with no great demand for safe havens such as gold and continuing demand for stocks.

Market sentiment modestly positive

Trader sentiment remains broadly positive, with stock markets hitting new highs and no great demand for safe havens such as gold, the Japanese Yen and the Swiss Franc. However, Sterling is sliding and the US Dollar is creeping higher.

US Dollar Index Price Chart, Daily Timeframe (December 12, 2018 – July 16, 2019)

Latest US Dollar price chart.

Chart by IG (You can click on it for a larger image)

In this webinar, I looked at the price charts of the major assets, at the confidence data on the calendar this week and at what signals are coming from the IG retail trader sentiment data.

Resources to help you trade the 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