WTI Crude Oil Bounces and Natural Gas Chart May Pop From Triangle

The Elliott Wave chart patterns provide guidance on the maturity of the current trends. WTI crude may beginning a multi-month drop and Natural Gas is near the end of a bullish triangle.


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Brexit Update: GBP/USD Falters After May’s Government Found in Contempt

Cable tumbled to 1.2676 after news broke that Prime Minister Theresa May’s government was found in contempt of Parliament just days before the vote on her Brexit deal.


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Oil Prices Risk Larger Rebound Ahead of OPEC Meeting Amid RSI Signal

Crude oil prices look poised for a larger recover ahead of the OPEC meeting as the RSI bounces back from oversold territory and flashes a textbook buy-signal.


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USD/JPY Rate Outlook Mired by Failure to Test 2018-High

USD/JPY may continue to pare the advance from October-low (111.38) amid the string of failed attempt to test the 2018-high (114.55).


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EURGBP Price Well Placed For Upside Break

The EURGBP price is looking ready to move higher from a downward channel in place since late August.


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EUR/USD Nears Trend-Line as US Dollar Bounces from Fibonacci Support

The US Dollar is bouncing from a familiar Fibonacci level after a push of USD-weakness tested below a key trend-line. Can USD bears continue to push?


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USD Weakens as US Yields Drop, JPY Outperforms - US Market Open

The US Dollar is on the backfoot this morning as US yields continue to pullback. Focus is on the 2s10s curve which is 13bps away from inverting.


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DXY Index Falters as Uptrend from September Low Breaks

Now that the G20 summit is behind markets, the technicals may finally be catching up with the fundamentals for the US Dollar.


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AUD Technical Analysis Overview: AUDUSD, AUDJPY, AUDNZD

AUDUSD looks to trendline resistance. Momentum suggests upside intact for AUDJPY despite pullback. Crucial trendline from record low curbs AUDNZD downside.


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Market Sentiment Improving but Traders Still Risk-Averse | Webinar

Money is still flowing into safe havens such as JPY, CHF and gold but overall market confidence seems to be rising.


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Gold Price Analysis: Bulls Eye Topside Breakout

Gold bulls eye potential topside breakout as USD sags on easing trade tensions and inverting yield curves.


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Technical Outlook for USD Index, EUR/USD, USD/CAD, Gold Price & More

The DXY may continue to get bottled up into the end of the year, Euro triangle developing near-term, USD/CAD trend-line broken, gold may become more bullish.


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US Dollar Price Crumbles; Breaks Below Supportive Uptrend, NFPs in View

The US dollar slipped lower Tuesday and broke below its recent uptrend, leaving further potential losses on the cards. Later this week, Fed Chair Powell’s testimony and the latest non-farm payroll release.


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USD Price Eases Further Despite Doubts About US-China Trade War Truce

An inversion of the US Treasury yield curve is keeping the USD price under downward pressure as skepticism emerges that a long-term US-China trade war deal can be reached.


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Brexit News: Sterling (GBP) Soars after EU Dangles Brexit Carrot

Sterling rallied hard Tuesday morning after news hits the wires that UK may be able to reverse Brexit without EU 27 consent.


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DAX 30 & CAC 40 Charts – Outlook Bearish in the Near-term and Longer

Europe got a lift to start the week on U.S./China Trade War news over the weekend, but failing to sustain in the short-term, remain bearish more broadly speaking.


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S&P 500, AUDUSD or USDCNH - Which is the Better Trade War Play?

There was a strong and unmistakable gap higher to start the week thanks to the breakthrough in the US-China standoff. The response is unmistakable but the intent should be put up to scrutiny against the likes of AUDUSD and USDCNH.


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Asian Stocks Wilt As Investors Fret US, China Trade Details

Asia Pacific markets were a sea of red with more market participants wondering whether the US and China will really be able to settle trade differences in just 90 days


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US China Trade Ceasefire, Emerging Markets or Fed Hike Bets Up?

While reduced US China trade war fears may bode well for risk appetite, boosting ASEAN FX, global growth and Fed rate hike bets may undermine near-term gains in emerging markets.


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AUD/USD Ignores RBA in Favor of Risk Trends, Losses May Resume

AUD/USD rose slightly as the Reserve Bank of Australia kept the OCR at 1.50%, but upside follow-through may be threatened by negative RSI divergence and risk aversion.


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