NZD/USD Weekly Price Outlook: Kiwi Rally Runs into Resistance

The New Zealand Dollar is struggling after responding to confluence resistance last week. Here are the levels that matter on the NZD/USD weekly chart into the year-end.


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Sterling (GBP) Slammed Lower on No Confidence Vote Rumour

Sterling made a fresh 18-month low Tuesday after rumors hit the screens that the 48 letters needed to trigger a vote of ‘No Confidence’ in PM May had been handed in.


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EUR/USD Caught in Congestion as USD Extends Fibonacci Support Bounce

The US Dollar came into this week on the ropes, quickly testing a key area of Fibonacci support. But bulls have come back with gusto since that support test.


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

The DXY is a chop-fest right now while the Euro continues to contract within a triangle, EUR/AUD has resistance worth watching, gold may climb a little higher before resistance.


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Dollar Bulls Not Out Yet amid DXY Index Bullish Outside Engulfing Bar

Despite breaking its uptrend from the September low, the DXY Index's symmetrical triangle since November remains in place.


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Market Sentiment Improving Only Marginally | Webinar

Trading sentiment remains very poor despite a modest improvement in confidence.


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DAX 30 Technical Outlook – Near-term Downside Extended, but More to go Long-term

From a macro standpoint the DAX looks headed considerably lower, but in the near-term selling may be overdone.


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Brent Crude Oil Price - Building a Trading Range?

Brent crude oil looks like it has made its low print for the year, but its upward trajectory is currently blocked by a combination of technical indicators. It looks like oil is starting to build a range.


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EURUSD May Weaken as ZEW Data Highlights Economic Weakness

EURUSD remains capped under 1.1400 for the time being and may struggle to push higher after the latest German ZEW data showed underlying economic weakness across the Euro-Zone.


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GBPUSD Price Stabilizes, Challenges Key Support Levels

The GBPUSD price is more stable Tuesday ahead of several important support levels but any break would send it even lower.


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Euro at Risk Amid Conflicting Reports on EU, Italy Budget Talks

The Euro may fall as traders flee uncertainty amid conflicting reports about prospects for a budget deal between Italy and the EU.


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Asia Stocks Mixed, Sentiment Still Fragile on US China Trade News

Sentiment remains fragile, Asia stocks traded mixed despite S&P 500 recovery and US China trade discussions. Nikkei 225 sitting on support, Japanese Yen rose. European shares at risk.


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Gold Prices in the Balance if Yields, US Dollar Diverge Again

Gold prices may be trapped by conflicting influences if the US Dollar gains on haven demand while bond yields drop amid renewed risk aversion.


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USD/CAD Prices Vulnerable as Key Support is Breached

USD/CAD may continue to recover on interest rate differentials, but technical positioning hints at downside momentum. Will this attempt find follow-through?


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How New Brexit Developments Alter Possible Pound Scenarios

Following a delay in Prime Minister May’s Brexit proposal, GBP sharply declined. How will new developments further affect Great British Pound prices?


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EUR/GBP Technical Analysis: Brexit Bullish Push, 2018 Highs Next?

Brexit news propelled EUR/GBP prices higher despite technical bearish signs. If August 2018 highs are breached, bullish confirmation may result in testing August 2017 highs thereafter.


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Australian Dollar at Risk From Arrest of Huawei CFO Meng Wenzhou

The Australian Dollar has closed lower for five consecutive days after news broke of the arrest of Huawei CFO Meng Wanzhou, risking the possibility of a re-ignited US-China trade war.


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Dow Takes a Dip Into Breakdown Territory, Pound Stays There after Brexit Vote Cancelled

Both the Dow Jones and Great British Pound dipped into breakdown territory, as risk aversion and delayed Brexit negotiations dominated market sentiment.


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ASX 200 Technical Analysis: Gains Made Since 2016 Now Threatened

The ASX 200 has broken down to a new low for 2018, in the process putting focus on the long climb up from the lows of 2016


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USD/JPY Looks Past Mixed Business Sentiment, Eyes Risk Trends

USD/JPY ignored the release of fourth quarter business sentiment measures. Equities’ reactions to US-China trade negotiations and a potential no-deal Brexit will have more to offer.


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