EURUSD Price Likely to Face Renewed ECB Headwinds

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Yen May Rise as Euro Falls on Worried ECB, Davos Chatter, US PMI

The Japanese Yen may rise while the Euro falls as a worried ECB, anxious chatter at the World Economic Forum in Davos and soft US PMI data stoke global slowdown fears.


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Crude Oil Price Chart Hints at Top, US PMI and Davos Chatter Eyed

Crude oil prices may see soft US PMI data and worried chatter at the World Economic Forum in Davos trigger follow-through on bearish chart signal.


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Asia Stocks Rise, AUD Diverges. USD May Rise on ECB as NZD Falls

Excluding the Nikkei 225, most Asia Pacific stocks rose. Pro-risk AUD/USD fell despite a rosy jobs report. The ECB may sink the Euro to the benefit of the US Dollar as NZD/USD falls.


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The Merits and Faults of Trading or Fading the Pound Breakout

GBPUSD was the only one of the ‘majors’ that has earned a critical technical break thus far this week. Yet, this move seems to defy the broader market’s aversion to meaningful breaks not to mention the anxiety over Brexit for the Pound itself.


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NOK, SEK May Fall on Unemployment Data - OBX, OMX Vulnerable?

The Norwegian Krone and Swedish Krona may fall when each country’s respective unemployment data is released. 2019 headwinds could weigh on the OBX and OMX equity indices.


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A Questionable Pound Break, Euro Awaits the ECB, Dollar Along for the Ride

Finally, a break in the rumor-spurred volatility of trade wars and risk trends. Yet, these high level themes remain threats to instability with little warning. Meanwhile, traders’ interests have been peaked by the Pound and Euro.


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Nikkei 225 Technical Analysis: Dominant Downtrend May Resume Next

As the Nikkei 225 faces its next headwind in its near-term uptrend, a bearish reversal pattern takes the spotlight on the daily chart and hints that the dominant downtrend may resume.


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Davos 2019: Leaders Praise Globalism Amid Trade Wars, Slowdown

The 2019 World Economic Forum kicked off its annual 4-day conference in Davos, Switzerland yesterday where global leaders gathered to discuss economic policy and political agendas.


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AUD/USD Soars on Employment Data, Eyes Stocks and US-China Talks

AUD/USD surged after December’s employment data beat expectations, but prices may turn lower due to recent friction in US-China trade negotiations and falls in equities.


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AUD/USD May Fall With Asia Stocks After Wall Street Volatility

The S&P 500 recovered after US markets turned risk-averse on the latest government shutdown news, USD fell. AUD/USD may drop with Asia stocks and on an underwhelming jobs report.


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Gold: 69.9% of Traders Are Net-Long

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


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USDJPY: Sentiment Suggests a Mixed Bias

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


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Lackluster Australia Employment Report to Drag on AUD/USD Rate

Updates to Australia’s Employment report may do little to alter the near-term outlook for AUD/USD as the economy is anticipated to add 18.0K jobs in December.


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S&P 500 : Traders Remain Net-Short

The combination of current sentiment and recent changes gives us a further mixed US 500 trading bias.


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GBPUSD: Direction Remains Unclear

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


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EUR/USD: Traders Net-Long Increases from Last Week

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


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Bitcoin: Prompts a Mixed Bias

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


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Near-term Trade Setups in EUR/USD and GBP/USD

An update on near-term trade setups we've been tracking in EUR/USD and GBP/USD. These are the targets and invalidation levels that matter this week.


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EUR/USD Rate Vulnerable to Dovish European Central Bank (ECB)

The European Central Bank (ECB) meeting may drag on EUR/USD as the Governing Council remains in no rush to remove the zero-interest rate policy (ZIRP).


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