Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Please try again

Live Webinar Events


Economic Calendar Events


Notify me about

Live Webinar Events
Economic Calendar Events






More View More
Market Sentiment Less Positive Than Previously | Webinar

Market Sentiment Less Positive Than Previously | Webinar

What's on this page

Market sentiment analysis:

  • Trader confidence remains high but the last week has seen more demand for the safe-haven US Dollar.
  • That suggests traders are becoming more cautious, although this could be just a short-term rethink before sentiment improves again.

Trader sentiment still positive

Traders are still optimistic about riskier currencies such as AUD, NZD and GBP but perhaps a little less positive than previously. That, though, could be simply a pause before another move out of the safe-haven US Dollar into those “risk on” currencies.

AUD/USD Price Chart, Daily Timeframe (August 31, 2020 – January 12, 2021)

Latest AUD/USD price chart.

Source: IG (You can click on it for a larger image)

Data provided by
of clients are net long. of clients are net short.
Change in Longs Shorts OI
Daily -9% 8% -3%
Weekly 1% -10% -3%
What does it mean for price action?
Get My Guide

In this webinar, I looked at the trends in the major currency, commodity and stock markets, at the forward-looking data on the economic calendar this week, at the IG Client Sentiment page on the DailyFX website, and at the IG Client Sentiment reports that accompany it. You might also like to check out the DailyFX Trading Global Markets Decoded podcasts.

--- Written by Martin Essex, Analyst and Editor

Feel free to contact me on Twitter @MartinSEssex

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.