What is the Market Sentiment Tool?
The Forex Market Sentiment Indicator shows you how many traders are buying (driving the currency price up) and selling (bringing the currency price down). When we talk about sentiment, we talk about people’s feelings. The Forex Market Sentiment Indicatoris simply a sliding scale, showing you how people are feeling about certain currency pairs. When traders are feeling optimistic, they buy the currency pair which sends the price up. When traders are feeling pessimistic, they sell the currency pair which drives the price down. Read Our Market Sentiment Tool How to Guide.