EUR/GBP Technical Analysis: Overshadowed by Rare Bearish Pattern

As anticipated, EUR/GBP’s upside progress proved to be a false breakout and now numerous warning signs hint that the dominant downtrend could resume, eyeing 0.87237 – 0.87182 next.


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EURUSD Bounces at 1.1300 but Sterling and Aussie Dollar Rallies More Potent

The Dollar took a nasty dive that held the 1.1300 swing low in EURUSD and was the worst hit for the currency on an equally-weighted basis since March 2017. Will the NFPs and trade balance change its fortunes?


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Can Apple Earnings Suppress Asia Stocks? AUD/USD Downtrend Intact

A disappointing Apple earnings report may limit the scope for Asia stocks to echo Wall Street gains. While AUD/USD had its best day since 2017, the dominant downtrend is still intact.


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S&P 500 Rebound may Stall on Weaker than Expected Apple Outlook

The three day rebound for equity markets may encounter a speedbump following a disappointing revenue forecast from Apple.


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Pre-NFP Price Action Setups Across the US Dollar

Only one day into November and the US Dollar has already started an aggressive reversal of last month's breakout. NFP is tomorrow and mid-terms are next week, so buckle up.


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Pre-NFP Price Action Setups Across the US Dollar

Only one day into November and the US Dollar has already started an aggressive reversal of last month's breakout. NFP is tomorrow and mid-terms are next week, so buckle up.


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EUR/USD Weekly Technical Perspective– Euro Defends 2018 Lows

Euro is on pace to post the largest single-day rally in more than five-week. Here are the levels that matter on the EUR/USD weekly chart heading into November trade.


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Preview for October US NFP, US Dollar Price Action Outlook

US Dollar weakness on Thursday is likely driven by early-month portfolio rebalancing rather than positioning ahead of the October US jobs report.


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Gold Prices Risk Larger Advance as Bearish Sequence Snaps

The pullback from the October-high unravels, with gold prices at risk for a larger advance as bullion snaps the series of lower highs & lows carried over from last week.


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Bitcoin Maintains Mixed Bias Hanging Above 6000

The combination of current sentiment and recent changes gives us a further mixed Bitcoin trading bias.


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Gold: Weekly Short Positions Grow 13.5%

Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.


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AUD Breaches Bearish Channel, GBP Choppy on Brexit Newsflow - US Market Open

The US Dollar is on the backfoot to begin the month with the index losing 0.6% having failed to consolidate above the 97.00 handle. AUDUSD has made a breach of the topside of the descending channel.


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US Dollar Drops to Fibonacci Support to Start November, NFP on Deck

The US Dollar has finally pulled back from the bullish breakout that's run for the past two weeks, and a bit of support has shown around a key Fibonacci level.


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Bank of England Leaves Rates Unchanged, Sterling (GBP) Remains Supported

The Bank of England (BoE) left all monetary policy measures unchanged, as expected, and said that any rate hikes would be limited and gradual.


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Dismal ISM Manufacturing Survey to Fuel EUR/USD Rebound

Updates to the ISM Manufacturing survey may rattle the U.S. dollar as the index is expected to narrow to 59.0 from 59.8 in September.


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AUDUSD and NZDUSD on Cusp of Breaking Above Key Levels, Lines

Aussie and Kiwi have been stuck in downtrends for most of the year, but some relief could come with important hurdles on the verge of being jumped.


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FTSE 250 Outperforms FTSE 100 on Brexit Developments

The FTSE 250 is outperforming the FTSE 100, given its larger exposure to domestic developments with a firmer Sterling supporting the index. However, officials have poured cold water on latest Brexit developments


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GBP Price: Positive Brexit News Boosts Sterling, BOE Ahead

News that the EU and the UK have reached a tentative agreement over financial services post-Brexit has given Sterling a strong boost ahead of the latest Bank of England (BoE) monetary policy announcement.


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S&P 500, Dow Jones, and Nasdaq 100 Prices Retest Broken Trend Support

Watch how U.S. indices respond to retest of critical thresholds, another swoon lower could soon be in the works...


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Pound Eyes Carney Brexit Comments, China Stokes Stimulus Hopes

The British Pound is eyeing an assessment of a no-deal Brexit outcome from BOE Governor Carney for direction. China has signaled more fiscal stimulus is ahead.


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