Gold Price Outlook Mired by Lower Highs & Lows, Bearish RSI Signal

Gold prices stand at risk of extending the fresh series of lower highs & lows as the Relative Strength Index (RSI) flashes a bearish signal.


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Weekly Trade Levels for EUR/USD, GBP/USD, USD/CAD, Gold, & More

Webinar highlighting setups we’re tracking into the start of the week across the US Dollar Majors. Here are the updated targets & invalidation levels that matter.


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EURGBP: Pending Short - Downtrend Intact

EURGBP remains in a downtrend, making a series of lower highs and lower lows from the end of August.


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USD Hits Fresh YTD High on EUR and GBP Rout - US Market Open

GBP rocked by the latest newsflow surrounding Brexit negotiations, Italy keeps Euro on backfoot. OPEC announces U-Turn.


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EUR/USD Falls to Yearly Low as Euro, Italy Worries Take Center Stage

It's a big week for the Euro. The Italian budget saga moves back into the spotlight and a number of data releases will likely keep EUR/USD on the move.


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UK Week Ahead: Brexit and Big Data Releases | Webinar

Sterling is under pressure from a strong US dollar and negative Brexit headlines. Will UK wages and inflation data support the British Pound or will Sterling’s decline continue?


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Weekly CoT Update for USD, Euro, Crude Oil & More

In the latest CoT report, large speculators were mixed with their USD bets while aggressively reducing exposure in crude oil as price continues its precipitous decline.


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GBPUSD Vulnerable to Larger Losses as PM May Looks into Brexit Abyss

GBP has been rocked by the latest round of negative sentiment surrounding Brexit negotiations, given an increased number of MPs threatening to oppose PM May’s Brexit plans.


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EURUSD Trampled by a Rampant US Dollar, Hits a Fresh 17-Month Low

EURUSD slumps to levels last seen in June 2017 on a combination of a surging US dollar and fears that growth in the Euro-Zone is turning lower, led by German contraction.


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Euro, Pound Suffer as Markets Eye Busy Week for European Politics

The Euro and the British Pound fell as Brexit progress stalled while Italy braced for a clash with EU authorities and Sweden inched closer to a minority government.


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Asian Stocks Inch Higher From Early Falls, Oil Prices In Focus

Asia Pacific investors clearly decided that stocks had suffered enough as a new week got under way. Oil prices rebounded as Saudi Araba announced December supply cuts


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Gold Prices May Fall Further as US Dollar Recovery Continues

Gold prices may continue to drop as a rebound in risk appetite buoys yields and stokes Fed rate hike speculation, boosting the US Dollar.


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British Pound Weekly Technical Forecast: Searching for Direction

The British Pound continues to benefit from optimism over a ‘soft Brexit’ deal being reached.


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Will USD/IDR, USD/PHP Reverse as Fed Rate Hike Bets Sink Stocks?

Bank of Indonesia upheld its currency, leaving the Rupiah resilient to USD gains. That may change as Fed rate hike bets sap market mood next, sending Emerging Markets lower and ASEAN FX.


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ASX 200 Technical Analysis: Long-Term Chart Uptrend In Trouble

The ASX 200 has fought back into a key uptrend channel which had given way in October’s falls, but still looks far from comfortable


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AUD/USD Technical Analysis: Down Trend Looks Ready to Resume

The Australian Dollar looks to be resuming the long-term downward trend against it US counterpart following a corrective upswing.


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Euro Forecast: GDP and CPI Revisions Due amid Ongoing Italian Tensions

The second Q3’18 Eurozone GDP release plus the final October Eurozone CPI release will draw attention on the calendar, while the Italian budget saga continues to drag on.


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Crude Oil Prices Eye Weekend OPEC Meet, Asia Stocks May Boost JPY

Fed sent Asia, Europe and US stocks tumbling as USD rose. GBP fell on Brexit woes as UK’s Jo Johnson resigned. Crude oil prices look to weekend OPEC meeting as Asia stocks may fall.


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Weekly Fundamental Forecast: As Political and Rate Decision Risks Ebb, Will Sentiment and Trade Wars Take Over?

The US mid-term elections and FOMC rate decision from this past week were noteworthy distractions for the markets, but they were not ultimately true course settings for the markets. The docket thins out next week, but open-ended themes from trade wars to Brexit to Italy’s budget can wrest back focus.


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Weekly Technical Forecast: The US Indices Rally Stalled, Oil’s Tumble Continued, EURUSD Weighs a Key Level

There was a notable attempt to shift tentative breakouts and fledgling charges into more systemic trends. For most – like US indices – the effort fell apart after the week’s top event risk charged volatility. There are, however, still benchmarks that can redefine the financial landscape like oil’s 10-day tumble and EURUSD’s approach on 1.1300.


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