Crude Oil Prices May Bounce After Plunge on EIA Inventory Data

Crude oil prices might manage a corrective bounce after yesterday’s dramatic plunge if EIA inventory data reveals an outflow from US stockpiles.


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Asian Stocks Wilt Again On Trade Feas, US Durable Goods Up Next

Asian stocks were all lower once again as Wall Street weakness took another toll. Trade and growth worries remain to the fore, supporting the US Dollar rather than the Japanese Yen for now


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USD/PHP Fall to Pause? USD/MYR Eyes New High, USD/IDR Uptrend Held

USD/PHP downtrend accelerates but near-term correction may be in the cards. USD/MYR eyes new 2018 highs as USD/IDR uptrend holds. USD/SGD remains in consolidation as stubborn support held.


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Japanese Yen Technical Analysis: USDJPY Uprend Holds Despite Falls

The Japanese Yen has staged a modest fight back against the US Dollar in what might be termed a ‘battle of the havens.’ However Yen bulls have not yet managed to land a really heavy blow


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Short NZD/USD, Support Taken Out. Fed, RBNZ, Stocks Underpin Trade

NZD/USD may accelerate its descent with rising support taken out. Fundamentally, NZD is at risk given underpriced Fed rate hike bets, less hawkish RBNZ and stock market weakness.


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Euro at Risk: How the EU Might Punish Italy

The Euro may experience unusually high volatility in the coming weeks as EU policymakers head into unchartered waters over Italy’s controversial budget.


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Will the S&P 500 Tumble Consummate a Critical Break and When Will Oil Stop?

A well-known US holiday and market drain is dead ahead, but you wouldn’t know that from the productive tumble from US indices like the Dow and S&P 500 or other economic/financial benchmarks like US crude oil.


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Crude Oil Downtrend Resumes, AUD May Fall as Asia Stocks Decline

Crude oil prices tumbled, may rise briefly next. S&P 500 gapped lower as global stocks fell as US Dollar gained with Fed rate hike bets. Australian Dollar may follow Asia stocks lower.


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S&P 500 Nears Correction Territory as Hope of a Thanksgiving Rally Fades

Hope of a Thanksgiving rally faded on Tuesday as the S&P 500, Dow, and Nasdaq approached correction territory after a substantial gap lower at the open.


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Gold Price Forecast: Monthly-High on Radar Amid String of Higher-Lows

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USD/JPY: Downward Trend in Weekly Short Positions Leads to a Bearish 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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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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EUR/USD: Weekly Long Positions Slump 33% 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 EURUSD-bullish contrarian trading bias.


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AUD/JPY Price Outlook: Reversal Run Plummets into Key Support Zone

A reversal off technical resistance has price targeting a major inflection zone. Here are the targets & invalidation levels that matter on the AUD/JPY charts.


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USD/JPY Rate Remains Under Pressure as Fed Endorses Gradual Approach

Downside targets are still on the radar for USD/JPY as fresh comments from Fed officials fuel the recent series of lower highs & lows in the exchange rate.


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EUR Breaks Support Amid Wider Italian spreads and Firmer USD - US Market Open

The US Dollar has clawed back early losses to trade higher by 0.2%, which in turn has seen the Euro dip below 1.14 with wider German-Italian bond spreads also weighing.


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US Dollar Bounce From Fibonacci Support; EUR/USD Holds Key Resistance

The US Dollar has finally caught a bounce from a key support area on the chart, and this corresponds to a big area of resistance in EUR/USD currently helping to hold the highs.


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Market Confidence Continues to Ebb Away | Webinar

Trading sentiment remains poor, with the US Dollar sinking. Although corrections are possible, confidence will likely remain weak for a while yet.


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Trading Forecast for DXY, EUR/USD, USD/CAD, Gold Price & More

Dollar weakness has support in play, watching how the Euro and Canadian Dollar react as the counter-trend test plays out; gold rally has resistance to contend with.


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Crude Oil Analysis: Key Resistance to Maintain Bearish Trajectory

Ahead of the OPEC meeting, expectations have been growing that the cartel will look to cut oil output. However, with Russia reluctant to participate and Brent crude in contango, bulls are not convinced.


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