Weekly Trade Levels for EUR/USD, GBP/USD, AUD/USD, Gold, Crude & More

Webinar highlighting active trade setups we’re tracking across the US Dollar Majors. Here are the updated targets & invalidation levels that matter this week


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USD/CAD Bear-Flag Starts to Take Shape Amid Shift in Retail Interest

The failed attempt to test the December-low (1.3160) appears to be spurring a shift in retail USD/CAD interest even as a bear-flag formation starts to take shape.


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DXY Index Hangs on by a Thread, Pound Rallies ahead of Key Brexit Vote

Meanwhile, with global equity markets jittery and yields dropping after the latest Chinese trade figures, Gold’s consolidation is worth another look.


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Sterling (GBP) Week Ahead: Beware of False Brexit Break-Outs

The meaningful Brexit vote takes place Tuesday evening with PM May’s bill likely to be defeated heavily and Sterling remains bid ahead of the vote.


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GBP up Before Brexit Storm, EUR Resilient, AUD Underperforms - US Market Open

Ahead of the crucial Brexit vote tomorrow evening, GBP is slightly firmer this morning. AUD underperforms on soft Chinese data.


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AUD Technical Analysis Overview: AUDUSD, AUDJPY, AUDNZD

Gain in AUDUSD stalled, however, DMA support curbs further selling. AUDJPY risks remain tilted to the downside, while AUDNZD momentum slows.


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DAX 30 & CAC 40 Technical Forecast – Looking for More Near-term Weakness

Eurozone equities have weakened a bit the past couple of sessions, expecting more of a this in the near-term as the bounce off the lows undergoes its first test.


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USD/JPY Flash-Crash Rebound Looks to U.S. Retail Sales for Fuel

Data prints coming out of the U.S. economy may fuel the USD/JPY rebound following the flash-crash if the developments instill an improved outlook for growth and inflation.


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Crude Oil Analysis: Crucial Support Broken, Room for Further Losses

Oil prices dipped overnight after poor China trade data, which has led to fears of a Chinese slowdown resurfacing.


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Sterling (GBP): PM May Drinking in The Last Chance Saloon

The UK government is trying to force through their unpopular Brexit bill by claiming that the UK is more likely to stay in the EU if they reject the PM’s plan.


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Yen May Extend Rise on Trade War, US Shutdown, Brexit Uncertainty

The Japanese Yen may rise further as signs of economic damage from the US-China trade war are compounded by the ongoing US government shutdown and Brexit uncertainty.


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USD/SEK to Rise on Weak Nordic Growth and European Turmoil

USD/SEK technical outlook indicates a bullish trend for 2019 amid forecasts of slower growth in Sweden and political turmoil in the EU.


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Cautious Fed, USD Drop Gives Bank of Indonesia Chance to Lift IDR

A cautious Fed weakened the US Dollar as stocks rose, giving the Bank of Indonesia a chance this week to boost the Indonesian Rupiah. Rosy US economic data a risk to ASEAN FX.


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USD/SEK May Trade Higher on Soft CPI Data - Nordic Growth to Slow

USD/SEK may break into a new trading range when Sweden’s CPI data is released on January 14. Economists and Riksbank officials are worried about unexpectedly slower growth.


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Asia Pacific Stocks Fall, Yen Gains as Viacom Signals China Exit

Risk appetite soured as Viacom said that it may exit its China operations. The news sank Asia Pacific stocks while the anti-risk Japanese Yen traded higher.


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Gold Prices Aim Higher as Viacon Exits China, Souring Risk Appetite

Gold prices may continue to rise as bond yields drop amid souring sentiment after news that media giant Viacom plans to divest from China.


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GBP Held to Gains, S&P 500 Ends Rise. NZD/USD Eyes Key Resistance

The British Pound held on to gains despite Brexit extension doubts, US Dollar had last-minute rally. Asia stocks may consolidate, NZD/USD faces critical resistance. China trade data up.


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Weekly Technical Forecast: Will Liquidity Define the Equities, EURUSD and Oil Reversals?

Though the intensity of their corrections vary - from the Dollar just recently slipping range support to the S&P 500 trying to claw out of its 'bear market' - we have seen a number of markets walk back meaningful breaks this past week. Are these true reversals or brief respite in prevailing trends?


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Weekly Fundamental Forecast: Trade Wars, Government Shutdown and Brexit Threaten to Stir Volatility

While this past week saw markets settle further from the unusually volatile December, traders should not grow too comfortable. There are a host of themes – from the US government shutdown to impending Brexit vote – which could readily offer a fundamental charge in the week ahead.


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FTSE 100 Awaits Brexit Vote, S&P 500 Looks to Earnings Season

Theresa May’s government will likely be the headline event of the week as it looks to pressure the FTSE 100. Meanwhile, US indices will enjoy a firmly dovish Federal Reserve.


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