Wednesday, 14 November 2018

Crude Oil Price Selloff May Resume on EIA Inventory Data

Crude oil prices paused to digest losses after the longest losing streak on record. EIA inventory flow data may revive selling pressure.


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High Volatility as with S&P 500 and Pound Demands More Regimented Trading

Volatility is one of the features of the markets that most traders most frequently seek. Yet, the promise of dramatic movement in the market is more often an excuse to allow emotions to reign as diligent execution of strategy falls to the wayside.


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Nikkei 225 Declines After S&P 500 Fell. ASX 200 Eyes October Low

The Nikkei 225 followed S&P 500 lower at open, follow through was lacking as Asia stocks were relatively quiet. Australian Dollar appreciated, hurting USD. ASX 200 eyes October low.


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Nikkei 225 Technical Analysis: Index Wilts Toward Key Chart Prop

The Nikkei 225 remains below its most recent uptrend line after a break last week. The bulls are now up against it, with the year’s lows getting closer


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Risk Starts to List Again in US Trade, Brexit Headlines Swing Pound

General risk trends gave way to more targeted fundamental issues with a remarkable impact on volatility. Brexit headlines flipped from bullish to bearish and back again with GBPUSD experiencing exceptional volatility, but is there a trend here?


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Australian Dollar Leaps On Strong Job Creation, Rate Outlook Still Weak

The Australian Dollar got a big boost after domestic data showed its home economy’s long-formidable job-creation machine running at full revs in October


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GBP Prices Jawboned by Brexit News, AUD/USD May Look Past Jobs Data

The British Pound was jawboned by latest Brexit headlines, crude oil prices paused a 1984+ record losing streak on OPEC news. AUD/USD may look past jobs data for Asia stock performance.


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AUD/USD to Stage Larger Recovery on Upbeat Australia Employment Report

Australia’s Employment report may fuel the recent recovery in AUD/USD as the economy is anticipated to add another 20.0K jobs in October.


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US-China Trade War Weighs on World’s Largest Shipping Company

The US-China trade war has contributed to a slow in global container trade according to Maersk, the world’s largest shipping company. The trend could be exacerbated if tensions flare.


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AUD/JPY Weekly Technical Outlook: Price Testing Trend Resistance

Price has rallied nearly 5% off the October lows with a critical resistance confluence seen just higher. Here are the levels that matter on the AUD/JPY weekly chart.


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EUR/USD Rate Forecast: Weakness to Persist as RSI Extends Bearish Trend

EUR/USD attempts to retrace the decline from earlier this week, but recent developments in the Relative Strength Index (RSI) casts a bearish outlook for the exchange rate.


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Brexit Latest: British Pound Recovers as UK PM May Announces Deal

UK Prime Minister Theresa May and her cabinet have agreed to a Brexit deal with the European Union. The Brexit saga isn’t over yet, though.


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Gold Prices Risk Larger Rebound as Bullish Sequence Unravels

Gold prices may continue to consolidate over the remainder of the week as the recent series of lower highs & lows snap ahead of the October-low ($1183).


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NZD/USD Price Outlook: Kiwi Rally Approaching Breakout Targets

A breach above multi-month downtrend resistance has Kiwi testing fresh three-month highs. Here are the targets & invalidation levels that matter on the NZD/USD charts.


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GBP/USD in Focus as Brexit Grabs Attention; USD Pullback Continues

It's a big day in the UK, and the British Pound is in focus as Theresa May pitches a proposed deal to her cabinet. Meanwhile, a potential bull trap remains in the US Dollar.


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EUR Resilient Despite German Slowdown, OPEC Inspires Oil Bounce - US Market Open

Volatility is here to stay for the Pound with headline risk remaining elevated. EUR dismisses German GDP contraction, while timely OPEC sources lift oil prices.


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US Dollar Losses Hit Pause after October CPI; Focus Remains on Brexit

The DXY Index is off the lows, and rates markets are continuing to price in December for another rate hike from the Fed.


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Bitcoin Cash Hard Fork Causing Market Ripples | Webinar

The cryptocurrency market has lost round $12 billion week-on-week with part of the losses stemming from a sell-off in Bitcoin Cash (BCH).


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Uptick in U.S. Consumer Price Index (CPI) to Curb EUR/USD Rebound

Updates to the U.S. Consumer Price Index (CPI) may undermine the recent rebound in EUR/USD as the headline reading for inflation is expected to climb 2.5% in October.


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S&P 500 & FTSE 100 Outlook: Crucial Supports Curbs Further Losses For Now

The FTSE 100 rides the Brexit storm, while cyclical stock underperformance relative to defensive stocks suggests further downside for the S&P 500.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...