NZD/USD Correction Still in Play Amid Hope for U.S.-China Trade Deal

Recent price action in NZD/USD raises the risk for a larger correction as the exchange rate snaps the series of lower highs & lows carried over from the previous week.


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FX Price Action Setups in USD, EUR/USD, NZD/USD and USD/CHF

It's already been a busy week and a number of items remain that can continue to prod volatility. In this webinar, the US Dollar was the center-point as we looked at a series of major pairs.


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Dissecting the Crash in Crude Oil That Brought a Sudden Bear Market

Crude oil has experienced its longest losing streak on record with 12 consecutive days lower as NYMEX crude dropped below $57/bbl for the first time since November despite OPEC production curb pledge.


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Crude Oil Weekly Technical Outlook– WTI Plunges to Fresh Yearly Lows

Crude oil prices have plummeted more than 23% off the yearly high with price now targeting key slope support. Here are the levels that matter on the WTI weekly chart.


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USD/JPY: Weekly Short Positions Increase 23% Leading to a Bullish Bias

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bullish contrarian trading bias.


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GBPUSD Surges as Breakthrough Signals Imminent Brexit Deal

The Pound has spiked higher in reaction to reports suggesting that the EU and UK have agreed a text on how to avoid an Irish hard border


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GBP/USD Sentiment is Unable to Provide a Clear direction

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


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USD/JPY Initiates Lower Highs & Lows Ahead of Fresh Fed Rhetoric

USD/JPY initiates a series of lower highs & lows after failing to test the 2018-high (114.55), but fresh comments from Fed officials may keep the exchange rate afloat.


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EUR/USD: 63% of Retail Traders are Long, Despite YTD lows

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


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EURGBP Price Breaks Lower, Further Falls Possible

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US Dollar Tempers Strength as EUR/USD, GBP/USD Bounce From Lows

The US Dollar is softening from fresh yearly highs after this week's open brought another bullish breakout. This is helping to bring a bounce to beleaguered pairs like GBP/USD and EUR/USD.


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GBP up on Fresh Brexit Optimism, Crude Oil Record Losses Continue - US Market Open

Record run of consecutive daily losses for oil looks set to continue, GBP lifted on yet another wave of Brexit optimism, Yuan firms on Chinese intervention.


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USD Rally Pauses as EUR, GBP Gain on Italian Budget, Brexit Hopes

Signs that some of Europe's most pressing issues may move towards resolution soon is helping lift currencies across the pond.


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Trading Sentiment Poor, USD In Demand | Webinar

Market confidence remains weak, continuing to prompt a flow of money into safe havens and particularly into the US Dollar.


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Trading Outlook for EUR/USD, USD/JPY, EUR/CAD, Gold Price & More

The Euro is looking lower after support break, USD/JPY has big resistance ahead, EUR/CAD set-up coming to light, while gold test important channel support.


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Crude Oil Analysis: Bearish Streak Persists as Trump Jawboning Negates OPEC U-Turn

Yesterday saw oil prices drop for the 11th consecutive session, marking a record run of losses for crude oil, which looks set to continue with Brent slipping some 2%. As OPEC optimism had been dampened by Trump.


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EURUSD Downtrend Continues, Amplified by German Economic Weakness

EURUSD continues to trade just above levels seen in June last year with the latest German ZEW readings pointing to weak growth in Q3 ahead of Wednesday’s official GDP figures.


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GBPUSD Analysis: Rising Wages Fails to Support as Brexit Dictates

GBPUSD saw a choppy reaction following another mixed employment report with rising UK wages met with an uptick in the unemployment rate. Brexit continues to dictate.


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EURUSD Stabilizing Ahead of Italian Budget Deadline

The Euro is off its lows after hitting its weakest level against the US Dollar since mid-2017 as Italy prepares to present a new Budget to the European Commission.


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Gold Price Eyeing Further Losses Despite Equity Turmoil

Gold looking to break back below $1,200/oz. as the US dollar continues to rally. Market sentiment remains fragile despite equity market weakness.


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