{"id":20706,"date":"2022-01-13T07:04:00","date_gmt":"2022-01-13T07:04:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=20706"},"modified":"2022-01-13T14:26:08","modified_gmt":"2022-01-13T14:26:08","slug":"market-insight-top-sentiment-trades-this-week-8","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/market-insight-top-sentiment-trades-this-week-8\/","title":{"rendered":"Market Insight &#8211; Top Sentiment Trades This Week"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20706\" class=\"elementor elementor-20706\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-062c968 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"062c968\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9f6aa40\" data-id=\"9f6aa40\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d7b7b69 elementor-widget elementor-widget-text-editor\" data-id=\"d7b7b69\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Sentiment towards a number of key trading instruments is seeing big changes after the recent release of the US CPI report, which saw the <a href=\"https:\/\/bit.ly\/3IMUkUF\" target=\"_blank\" rel=\"noopener\">US dollar index<\/a> sinking to a fresh multi-month low on the foreign exchange market. Now is a great time to check out how traders feel about US dollar crosses from a sentiment perspective.<\/p><p>Trading sentiment is most effective when retail traders are running counter trend, meaning that they are heavily leaning against established market trends and in increasingly large numbers. Additionally, once big sentiment skews build it can be a powerful sign that the retail crowd are being too one-sided.<\/p><p>Typically, market sentiment readings for an instrument that has reached around 75 to 80 percent is considered to be at an extreme level, while market sentiment readings over 80 to 95 percent is often a strong indication that the trade could be topping or about to reverse at any time.<\/p><p>I will now look at some the strongest sentiment bias amongst the retail crowd right now. Some of the sentiment skews suggest that current price trends in FX, <a href=\"https:\/\/activtrader.activtrades.com\/account\/createaccount?setup=indeces\" target=\"_blank\" rel=\"noopener\">stocks<\/a>, and <a href=\"http:\/\/bit.ly\/2ZsFzPL\" target=\"_blank\" rel=\"noopener\">precious metals<\/a> are breaking point and big moves may be nearing.<\/p><p><strong>GBPUSD &#8211; Bears Trapped<\/strong><\/p><p>According to the ActivTrader Market Sentiment tool traders remain extremely bearish towards the <a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\" rel=\"noopener\">GBPUSD<\/a>, despite yesterday\u2019s huge rally above the 1.3700 level, marking a 500-point rally from the lows of 2021.<\/p><p>The ActivTrader Market Sentiment tool shows that 71 percent of traders are expecting more losses in the GBPUSD. This large positive sentiment bias could be hinting that more pain for bears is coming.<\/p><p>Traders that are short sterling could be in trouble if the market starts to protect the 1.3660 level, which has typically been a big pivot for the market, and a monthly trend change point. Furthermore, sterling is now technically bullish.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-27c6262 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"27c6262\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c42bc85\" data-id=\"c42bc85\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8dcf74d elementor-widget elementor-widget-image\" data-id=\"8dcf74d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"458\" height=\"163\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/gbpusd-chart-3.jpg\" class=\"attachment-large size-large wp-image-20710\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2fe80da elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2fe80da\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bfe2c2d\" data-id=\"bfe2c2d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f472aec elementor-widget elementor-widget-text-editor\" data-id=\"f472aec\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>EURJPY &#8211; Euro short<\/strong><\/p><p>The ActivTrader market sentiment tool shows that traders are 88 percent of traders are bearish towards the <a href=\"http:\/\/bit.ly\/2H3Yk4S\" target=\"_blank\" rel=\"noopener\">EURJJPY<\/a>, even though the pair has staged a big rally as the euro surged higher on Wednesday.<\/p><p>Traders are clearly betting that the EURJPY pair is overextended, and that eventually euro weakness is going to propel the pair lower. The Yen obviously has a big part to play in the EURJPY pair..<\/p><p>In order for the bears to be right here, we probably need to see stocks dropping alongside risk sentiment, as the EURJPY pair performs well when risk sentiment remains at elevated levels.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-adffe3e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"adffe3e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-04a93c6\" data-id=\"04a93c6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0eed9f4 elementor-widget elementor-widget-image\" data-id=\"0eed9f4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2H3Yk4S\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"453\" height=\"165\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/eurjpy-chart.jpg\" class=\"attachment-large size-large wp-image-20711\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8ea36a0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8ea36a0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-67050d5\" data-id=\"67050d5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-235f859 elementor-widget elementor-widget-text-editor\" data-id=\"235f859\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>USDCAD &#8211; Too Bullish<\/strong><\/p><p>Market sentiment towards the <a href=\"http:\/\/bit.ly\/334hUb4\" target=\"_blank\" rel=\"noopener\">USDCAD<\/a> is extremely bullish, despite the fact that the USDCAD pair has fallen by more than 400 points from its recent multi-month high over the last few weeks.<\/p><p>The ActivTrader market sentiment tool showing that some 88 percent of traders currently bullish towards the USDCAD pair, despite the recent and sharp corrective move to the downside from the 1.2900 level.<\/p><p>Traders probably need to consider <a href=\"https:\/\/bit.ly\/3EXWGOj\" target=\"_blank\" rel=\"noopener\">oil prices<\/a> are surging. In order for USDCAD strength to return not only do we need to see a reversal in the buck, but we need to see oil prices heading back towards $75.00 to $70.00.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a1f0584 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a1f0584\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f697613\" data-id=\"f697613\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7d61605 elementor-widget elementor-widget-image\" data-id=\"7d61605\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/334hUb4\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"456\" height=\"163\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/usdcad-chart-1.jpg\" class=\"attachment-large size-large wp-image-20713\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Sentiment towards a number of key trading instruments is seeing big changes after the recent release of the US CPI report, which saw the US dollar index sinking to a fresh multi-month low on the foreign exchange market. Now is a great time to check out how traders feel about US dollar crosses from a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":20708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[64,29,20,193,40,31],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Market Insight - Top Sentiment Trades This Week - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/market-insight-top-sentiment-trades-this-week-8\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Insight - Top Sentiment Trades This Week Market Insight - Top Sentiment Trades This Week\" \/>\n<meta property=\"og:description\" content=\"Sentiment towards a number of key trading instruments is seeing big changes after the recent release of the US CPI report, which saw the US dollar index sinking to a fresh multi-month low on the foreign exchange market. Now is a great time to check out how traders feel about US dollar crosses from a sentiment perspective.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/market-insight-top-sentiment-trades-this-week-8\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-13T07:04:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-13T14:26:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/GettyImages-108309993.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"411\" \/>\n\t<meta property=\"og:image:height\" content=\"264\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nathan Batchelor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Market Insight - Top Sentiment Trades This Week Market Insight - Top Sentiment Trades This Week\" \/>\n<meta name=\"twitter:description\" content=\"Sentiment towards a number of key trading instruments is seeing big changes after the recent release of the US CPI report, which saw the US dollar index sinking to a fresh multi-month low on the foreign exchange market. Now is a great time to check out how traders feel about US dollar crosses from a sentiment perspective.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Batchelor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/market-insight-top-sentiment-trades-this-week-8\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/market-insight-top-sentiment-trades-this-week-8\/\"},\"author\":{\"name\":\"Nathan Batchelor\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\"},\"headline\":\"Market Insight &#8211; Top Sentiment Trades This Week\",\"datePublished\":\"2022-01-13T07:04:00+00:00\",\"dateModified\":\"2022-01-13T14:26:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/market-insight-top-sentiment-trades-this-week-8\/\"},\"wordCount\":512,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"Crude oil\",\"EURJPY\",\"GBPUSD\",\"US CPI\",\"US DOLLAR INDEX\",\"USDCAD\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/market-insight-top-sentiment-trades-this-week-8\/\",\"url\":\"https:\/\/youtrading.com\/en\/market-insight-top-sentiment-trades-this-week-8\/\",\"name\":\"Market Insight - Top Sentiment Trades This Week - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2022-01-13T07:04:00+00:00\",\"dateModified\":\"2022-01-13T14:26:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/market-insight-top-sentiment-trades-this-week-8\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/market-insight-top-sentiment-trades-this-week-8\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/market-insight-top-sentiment-trades-this-week-8\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Market Insight &#8211; Top Sentiment Trades This Week\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\",\"name\":\"Nathan Batchelor\",\"description\":\"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. 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