Active NZDCAD Short, CAD Strength to Retrace NZD’s Q4 Run

The pair has a very intriguing technical backdrop that should allow for some clear-cut price levels. However, fundamental developments could shift the landscape.


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USD/JPY Rate Risks Larger Flash-Crash Correction on RSI Signal

USD/JPY may stage a larger correction following the currency market flash crash as the Relative Strength Index (RSI) bounces back from oversold territory.


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Dow Tests Key Resistance; US Dollar Holds Support at Two-Month Lows

The DJIA is pulling back after a test of the 50% marker of the December sell-off, and the US Dollar is holding support after yesterday's test of two-month lows.


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DXY Index Maintains Range as Markets Await US-China Trade Negotiations

In lieu of significant economic data, traders are watching for headlines regarding the US-China trade negotiations in Beijing.


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CAD Gains Cool Ahead of BoC, EURUSD Soft as Germany Heads for Recession - US Market Open

EURUSD is softer this morning in reaction to yet another soft reading out of Germany, CAD finds modest support amid the rise in oil prices.


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DXY Index Maintains Range as Markets Await US-China Trade Negotiations

In lieu of significant economic data, traders are watching for headlines regarding the US-China trade negotiations in Beijing.


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AUD Technical Analysis Overview: AUDUSD, AUDJPY, AUDNZD

AUDUSD to find challenges ahead before 0.72 test, AUDJPY recovery may be short-lived, while AUDNZD is looking to break key resistance for a 1.07 retest.


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Market Sentiment Less Negative, Trader Confidence Rises | Webinar

Trading sentiment remains poor but there are early signs that confidence in the financial markets is beginning to return.


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

The DXY is rolling over and with it the Euro is on the verge of a breakout, gold extended but to maintain a bid with the help of slope support and the Dollar.


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EUR/USD Long-term Volatility Chart Suggests a Big Move is Coming

For a year volatility of volatility has been contracting, suggesting the Euro is about to go on the move in the not-too-distant future.


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Technical Forecast for Gold; US Dollar Leans on Important Support

Gold continues to baulk at the $1,300/oz. level and may move back towards Fibonacci retracement before attempting to make the next leg higher.


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USDCAD Price Tumbling as Canadian Dollar Benefits From Rising Oil Prices

The Canadian Dollar price is rebounding strongly on higher oil prices and talk that the Bank of Canada may hint this week at still higher interest rates.


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Brexit Latest: EU ’No Negotiation’ Talk Dampens Sterling (GBP)

The UK government continues to seek further concessions from the EU on the Irish backstop, but all requests are currently being met with a resounding ‘Non’.


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EURUSD Analysis: Crucial Support in Focus, Germany at Risk of Recession

German data continues to deteriorate with industrial production figures falling sharply, raising the risk that Germany is heading for a technical recession.


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US, China Trade Talks and World Bank Outlook May Rattle Markets

Financial markets may be rattled as the US and China struggle to make progress on trade war de-escalation while the World Bank warns of slowing global growth.


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Are the Glory Days of Foreign Exchange Intervention in the Past?

Last week’s brief USD/JPY collapse saw the ‘I word’ flashed around social media. In truth the Bank of Japan was never very likely to step in to knock its currency back down


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EURUSD, S&P 500, Oil - A Principle Reversal Ingredient

Reversals are infrequent occurrences in the market, but they are among traders most frequent pursuits. And while ’V-tops’ would be ideal, head-and-shoulders patterns are more practical. Yet, what are the most important factors in these popular patterns?


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Asia Stocks Mostly Rise, Nikkei 225 Still Stuck Under Resistance

Most Asia Pacific stocks echoed Wall Street and the S&P 500 higher. Nikkei 225 rallied but resistance is preventing a takeoff. Markets are still awaiting US China trade talk updates.


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Gold Price Chart Hints at Top Before FOMC Minutes, Powell Speech

Gold prices failed to sustain another foray to the upside yesterday, with the chart setup now warning that a top may be forming before critical event risk hits the wires.


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A Dollar Reversal Not Universally Staged and S&P 500’s Difficult Path

US equities have extended Friday’s tentative break back above a technically-loaded pivot point, but the fundamentals are unmistakably uneven. Meanwhile, the Dollar is on the cusp of a reversal without heavy winds to rely upon.


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