Risk Aversion Led Wall Street Lower as USD Rose, ASX 200 May Fall

China’s Port of Dalian banning Australian coal imports seemed to trigger risk aversion which was amplified by soft US durable goods orders as AUD/USD fell. The ASX 200 may reverse lower.


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EUR/USD Rate Risks Larger Rebound Following Failed Tests of 2018-Low

The failed attempt to test the 2018-low (1.1216) may foster a larger rebound in EUR/USD even though the ECB remains in no rush to remove the zero-interest rate policy (ZIRP).


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

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


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USD/CAD Rate Fails to Test 200-Day SMA Following FOMC Minutes

USD/CAD holds a narrow range following the FOMC Minutes, with Canada’s Retail Sales report in focus as household spending is expected to contract another 0.3% in December.


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Gold Price Technical Outlook: XAU/USD Rejected at Resistance

Gold prices remain vulnerable near-term after reversing more-than 1% from the monthly high. Here are the targets & invalidation levels that matter on the XAU/USD charts.


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US Dollar Selloff Hits Pause as Back-to-Back Dojis Materialize

American and Chinese negotiations are meeting in Washington, D.C. for the seventh round of trade talks.


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Types of Forex Orders

Learn the 4 main types of FX orders used in trading and how to apply them to your strategy.


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USD Dented, AUD Slammed on China Tensions - US Market Open

The greenback is marginally softer across the board. AUD slammed on rising China tensions, while GBP sees choppy trade amid conflicting Brexit headlines.


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ECB Minutes Show Policymakers Considering Fresh Stimulus, EURUSD Holds Steady

The ECB meeting minutes showed that policymakers took a more cautious view on the Eurozone economy given the persistently soft economic data.


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FTSE 100 Rally Blocked by Sterling Strength and Heavyweight Technicals

The FTSE 100 is struggling to push higher despite a bout of risk-on sentiment. A strong British Pound, driven by positive Brexit sentiment, and important technical levels continue to hold sway.


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Australian Dollar Price Stabilizes After Tumble on China Port Coal Ban

AUDUSD has steadied in Europe after sharp falls in Asia on a report that China’s Dalian port has banned imports of Australian coal.


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AUD Technical Analysis Overview: AUDUSD, AUDJPY, AUDNZD

AUDUSD stabilizing around 0.71 after excessive drop overnight. Crucial support keeps AUDNZD afloat.


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Hawkish vs Dovish: How Monetary Policy Affects FX Trading

Learn the difference between a hawkish and dovish monetary policy, and how it affects currencies.


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AUDUSD & AUDNZD Poised to Resume Lower Soon

AUDUSD is showing a short-term bearish sequence within the context of its longer-term downtrend while AUDNZD is rejected from former support.


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GBP Price Outlook: Bulls Defiant in Face of Brexit, Possible Fitch Downgrade

The British Pound continues to brush aside a lack of progress on Brexit, and even a potential downgrade of the UK’s credit rating, suggesting underlying strength in GBPUSD.


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Euro Looks Vulnerable, US Dollar May Rise on Flash PMI Data

The Euro may be pressured while the US Dollar gains as local flash PMI data paints a picture of divergent economic growth trends.


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EURUSD Price Struggling as PMI Data Warns of Feeble Q1 EZ Growth

The latest set of Markit PMIs show an overall uptick in Europe’s fortune, but the data highlight the ongoing woes in the German manufacturing sector and tepid Euro-Zone growth.


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Gold & Silver Price Charts – Major Long-term Levels to Dent Rally

The recent surge in precious metal prices has significant multi-year resistance of varying degrees in play, seen as likely to lead to weakness.


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Crude Oil Prices Aim to Extend Gains on US-China Talks, EIA Data

Crude oil prices may continue to push higher on signs of further progress in US-China trade negotiations. EIA data showing a smaller-than-expected inventory build might help.


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EUR/USD Vulnerable as Weak Economic Data Compounds Risk in EU

EUR/USD may feel greater downward pressure as European economic data continues to fall short of forecasts in the three largest Eurozone economies.


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