EUR/USD May Extend Declines as Nikkei 225 Falls with Asia Stocks

EUR/USD may extend declines after support broke in the aftermath of the ECB. GBP spikes on the Brexit latest. Asia Pacific stocks may fall as Nikkei 225 faces a reversal pattern.


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New Zealand Dollar Weekly Price Outlook: Kiwi Coils into January Range

Kiwi has continued to contract into the monthly opening-range just below trend resistance. Here are the levels that matter on the NZD/USD weekly chart.


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Yen Pairs at Resistance: USD/JPY, AUD/JPY, EUR/JPY & GBP/JPY

Several of the pairs in the 'Yen-plex' are trading at or around resistance post-flash-crash.


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USD/JPY Forecast: RSI Clings to Bearish Trend, US Yields Remains Subdued

USD/JPY stands at risk of exhibiting a bearish behavior ahead of the FOMC meeting as long the Relative Strength Index (RSI) preserves the downward trend from late-2018.


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January Effect: US Stock Market Typically Climbs to Start the Year

History shows that strong performance in January is not uncommon for stocks, but what contributes to this anomaly?


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DXY Index Reversal Post-ECB; US-China Trade Negotiations Hit Snag

After touching a fresh weekly high, the DXY Index has quickly reversed its gains and is working on a bearish shooting star on the daily chart.


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EURUSD Price Falls as ECB’s Draghi Highlights Downside Risks

The Euro fell after European Central Bank President Mario Draghi said Eurozone risk has moved to the downside.


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EURUSD Price Stable as ECB Leaves Rates Unchanged, Draghi Up Next

The Euro was stable after the European Central Bank left all its benchmark interest rates unchanged, as expected. The next focus will be ECB President Mario Draghi’s press conference at 1330 GMT.


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GBPUSD Outlook: Positive on Talk of Brexit Deadline Extension

Despite a modest setback Thursday, GBPUSD is still close to a two-month high; it now seems settled above the 1.30 mark, paving the way for possible further gains.


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Bitcoin (BTC) Price Left Hanging After ETF Application Pulled

Bitcoin remains just above its recent multi-months lows and may slip lower on news that the CBOE has pulled its application for a BTC Exchange Traded Fund (ETF), according to a filing with the SEC.


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EURUSD Price Falls on Disappointing Eurozone PMIs, ECB Ahead

The European Central Bank is facing a dilemma ahead of its Eurozone interest rate decision. Eurozone PMIs suggest economic growth is stalling and EURUSD has fallen in response.


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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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