Can Gold Prices Keep Gains After Brexit Draft Vote, US CPI, ECB?

Gold gained amidst a weaker US Dollar, lower government bond yields on market-wide pessimism. Next week contain numerous uncertainties for gold: Brexit draft vote, US CPI and ECB.


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Gold Prices May Fall as US Jobs Data Validates Chart Setup

Gold prices may turn lower, validating bearish technical cues as November’s US jobs report boosts Fed rate hike bets and sends the Dollar higher.


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New Zealand Dollar Carves an Exceptional Move Away from the Bright Fundamental Lights

Volatility creates more problems than opportunities for the vast majority of traders. Yet, what many don’t understand is that fundamentals – event risk and themes – is a charge on volatility. The Kiwi has deviated from these norms.


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EUR/GBP Technical Analysis: Range Support May Come Under Fire Next

EUR/GBP prices solidified their consolidation mode as traders eagerly await a breakout. Negative RSI divergence warns that the horizontal range of support could be under fire next.


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A Wild Ride for Risk Trends with an Unusual Trade Wars Update

The return of liquidity for US markets triggered an abrupt return to the selloff triggered earlier in the week. With renewed concern over trade wars, the Brexit course and with data like NFPs ahead, expect volatility.


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AUD/USD Technical Analysis: Bounce May Yield Short Trade Setup

A near-term Australian Dollar bounce may offer an opportunity to enter short before the dominant, long-term down trend is reasserted.


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Asia Stocks to Pause Declines Ahead of US NFPs? Crude Oil Jawboned

A last minute improvement in risk appetite as the S&P 500 almost filled its gap may result in Asia stocks pausing losses. Crude oil prices jawboned by OPEC news and US weekly output.


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AUD/USD Rate Snaps Upward Trend as Bearish Series Takes Shape

Recent price action raises the risk for a further decline in AUD/USD as both price and the RSI snap the bullish formations carried over from October.


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Bitcoin Sentiment Sparks a Bullish Bias

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


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Gold Sentiment Prompts a Mixed Bias

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


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Hedge Fund Performance Falters as Investors Flock to Passive Strategies

ETF investments have seen large inflows of capital recently due to their low costs and strong returns relative to Hedge Funds. But is the simplicity of passive investing putting your money at risk?


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AUD/USD Weekly Price Outlook: Aussie Reversal Targets in View

Aussie has plummeted more than 2.2% since the start of the month after reversing off technical resistance. Here are the levels that matter on the AUD/USD weekly chart.


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Why Does the US Yield Curve Inversion Matter?

With US equity markets plunging this week, financial news media has been quick to point out movement in the bond market as the key catalyst.


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S&P 500 Plunges, DAX Enters Bear Market on Trade War Fears

US equities took a substantial hit Thursday after markets were closed the day prior which may have compounded the sell-off.


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US Household Net Worth Rises to $109 Trillion Over Third Quarter

American households are $2 Trillion wealthier after third quarter 2018 driven by gains in financial assets, but the uptrend could fade over the final months of the year.


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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 Range in Focus Ahead of NFP Report, ECB Meeting

EUR/USD may continue to consolidate ahead of the U.S. Non-Farm Payrolls (NFP) report as Federal Reserve officials strike a less-hawkish forward-guidance for monetary policy.


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USD/CAD Weekly Price Outlook: US Dollar Rallies to Fresh Yearly Highs

USD has rallied nearly 10% against the Loonie since the yearly lows with price now eyeing key resistance. Here are the levels that matter on the USD/CAD weekly chart.


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Global Markets Extend Losses as Weekly S&P Shorts Drop 14%

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bearish contrarian trading bias.


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USD/CAD Rate Forecast: Post-BoC Rally Triggers RSI Breakout

Recent price action in USD/CAD keeps the topside targets on the radar especially as the Relative Strength Index (RSI) flashes a bullish signal.


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