Saturday, 9 February 2019

Dollar Matches Longest Climb Since November 2016, Is it a Trend?

A seven-day rally for the Dollar was an impressive stretch through this past week, but it hasn’t put the currency in a position to trigger breakouts or establish trends. What levels and pairs should we watch in the week ahead?


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US Dollar May Build on Rebound as Market Mood Sours Further

The US Dollar may build on last week’s swift recovery as sentiment continues to deteriorate across global financial markets, stoking haven demand for the benchmark currency.


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GBP Fundamental Forecast: Dovish BoE, Brexit Hell

A mixed bag this week with Sterling drifting lower against a strong US dollar but holding its own across a range of other currencies.


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How to Understand and Use Opening Range Breakout Strategy

Learn about opening range breakout strategy and how opening ranges work on different timeframes with our senior analyst Tyler Yell.


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Bullish Backdrop Remains Despite Weekly Drop

Crude remains above the technically significant $50/bbl while traders are watching a bullish chart pattern and a potential larger supply disruption in Venezuela than previously feared that could support price.


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Oil Forecast: Fears of Slowing Global Growth to Limit Further Gains

Crude oil prices came under pressure this past week in response to the return of market angst over slowing global growth and a surprising US inventory buildup of about 1 million barrels.


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Friday, 8 February 2019

Range, Break or Trend Conditions for Dollar, Euro, Pound?

Environment has a lot to do with determining whether a specific currency’s breakout stalls or continues forward undeterred. What are the conditions we face with the broader market and what type of trading criteria do we find from the Dollar, Euro and Pound specifically?


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What are the Chances of a S&P 500 Reversal, EURUSD Breakout, Gold Trend Next Week?

The week ahead does not lack for market-moving theme or event risk. Yet, that doesn’t make the establishment of trend any easier to accomplish. What trading approach should we expect for the week ahead?


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NZD/USD Looks Vulnerable. How Dovish Will the RBNZ Turn Next Week?

The New Zealand Dollar looks vulnerable next week. How dovish will the RBNZ be next week compared to market expectations after similar remarks from the Fed, BoE and RBA.


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Australian Dollar Strength Falls Apart, Can AUD/CAD Breakout Last?

Strength in the Australian Dollar fell apart, but confirmation is needed before arguing AUD/USD may extend declines. AUD/NZD consolidation held while AUD/CAD attempts a breakout.


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Australian Dollar Could Take Some Rest On The Road Lower

Investors may conclude this week that the poor old Australian Dollar has been hammered quite enough for now, even if there may yet be more falls to come.


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An Uncomfortable Divergence in Capital Markets for 2019 | Podcast

For traders and investors, two roads diverged at the start of 2019. The central banks are encouraging one path and economic indicators seemingly another.


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FX Setups for the Week of February 11, 2019

The US Dollar continued its post-FOMC run this week, making a fast approach at the 2019 high around the 97.00 level.


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GBP/USD: Cable Support in-Focus After BoE Bounce

It was a busy week for Cable traders as the GBP/USD pullback continued into the early portion of the BoE’s first Super Thursday of 2019.


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Foundations of Technical Analysis: A Step-by-Step Trade Walk-through

Breakdown of the trade setups we’re been tracking this week. A review of our technical approach and examples that illustrate our trading methodology in practice.


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S&P 500, DAX Outlook: US vs China & EU in Trade Wars

Risks are yet again mounting for equity markets with trade war concerns in focus. Elsewhere, political risk is once again elevated amid the possibility of another government shutdown.


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Bearish EUR/USD Sequence Keeps 2019-Low on Radar Ahead Germany GDP

EUR/USD extends the bearish sequence from earlier this week, with the 2019-low (1.1290) on the radar as attention turns to Germany’s 4Q GDP report.


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EURUSD, GBPUSD Attempt to Build Support as USD Maintains Resistance

The US Dollar's bullish run continues to hold resistance at monthly highs, helping pairs like EURUSD and GBPUSD put in the initial build of support bases.


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CAD Soars, AUD Bears Remain, EUR Selling Eases - US Market Open

CAD surges on strong jobs report. Slight position squaring ahead sees EUR marginally up after a week a selling. RBA realisation keeps AUD vulnerable.


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No Breakout for US Dollar; Gold Turns Higher Again

The DXY Index has stayed within the confines of its 2019 symmetrical triangle, for now.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...