Monday, 4 March 2019

Dovish RBA Rhetoric to Keep AUD/USD Rate Under Pressure

The Reserve Bank of Australia (RBA) meeting may keep AUD/USD under pressure if the central bank alters the forward-guidance for monetary policy.


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AUD/USD May Recover Losses on Soft China Caixin Services PMI Data

The Australian Dollar fell after softer-than-expected China Caixin Service PMI data underpinned slowing growth concerns. AUD/USD could recover on a less-dovish RBA.


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ASX 200 Technical Analysis: Long Uptrend Could Be Losing Steam

The ASX 200 lies just short of a key resistance zone whose top comes in at 2018’s ten-year highs. Momentum seems to be fading a bit however.


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Euro, Dollar and Aussie: The Most Difficult FX Majors this Week

Volatility and scheduled event risk are a natural draw for traders, regardless of market, analytical approach or time frame. Yet, with volatility comes risk. That’s what defines this week’s most risky FX trades.


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Gold Prices, EUR/USD and S&P 500 Decline. AUD/USD May Rise on RBA

The US Dollar rose, capitalizing on Euro weakness and weighing against gold prices before the S&P 500 tumbled. AUD/USD may rise as the RBA disappoints dovish policy bets.


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GBP and AUD Overnight Implied Volatility Skyrocket

Overnight implied volatility on major forex pairs jump as currency market traders get the jitters ahead of key event risk and economic data releases.


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U.S and China Trade Truce Market Consequences

President Trump and President Xi’s potential truce may continue to throw off the world’s economy and investor’s confidence.


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Dow Jones Looks to Service Sector After Technical Resistance Halts Rally

As two thirds of the United States economy, the services sector is a critical bellwether for GDP and corporate profits, Tuesday’s data likely will influence the Dow’s next move.


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WTI Crude Oil Reaches a Decision Point on Price Chart

The Elliott Wave chart patterns provide guidance on the maturity of the current trends. WTI crude has been advancing in a corrective bounce.


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DJIA: Dow Turns Over as Sellers Make a Push

US Stocks took a hit to start this week following last Monday’s print of fresh 2019 highs in the Dow Jones Industrial Average (DJIA).


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Using FX To Effectively Trade Global Market Themes at IG

Investors and traders are often looking for tactical ways to play market developments. The combination of an increasingly global market and a new provider in the US is welcome news.


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Gold and Silver Trade on their Heels While USDJPY Reaches 2 Month Highs

The metals such as gold and silver appear to have finished a bullish wave as we forecast a further dip in pricing. USDJPY continues to rally in impulse and dip in corrective waves.


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Gold Extends Bearish Series as US-China Trade Talk ’Moving Along Nicely’

Gold stands at risk of facing a more bearish fate over the coming days as the price for bullion extends the series of lower highs & lows from the previous week.


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Major Forex Trading Sessions from Around the World

The 24-hour forex market is comprised of 3 major trading sessions. Learn more on these forex sessions and how to trade them.


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AUD Technical Analysis Overview: AUDUSD, AUDJPY, AUDNZD

AUDUSD eyes key support, AUDJPY rejects resistance yet again, while AUDNZD may have bottomed as 1.04 continues to hold.


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FX Week Ahead: RBA, BOC, & ECB Rate Decisions; Canadian Jobs & US NFP

The first week of the month sees several central bank rate decisions and key labor market data.


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Technical vs Fundamental Analysis in Forex

Fundamentals vs technicals. Learn what is involved in each and how to make an informed decision on the type of analysis best suited for you.


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EURUSD Threatens Range Support as USD Bulls Re-Take Control

A busy economic calendar awaits for this week after US Dollar bulls have made a noticeable re-entrance back into the equation.


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USD Rises Despite Trump’s Criticism, Crude Oil Gains Amid OPEC Mulling Extension - US Market Open

USD begins the week on the front, Euro edges lower ahead of ECB, AUD sees marginal gains as trade deal hopes outweigh domestic weakness.


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Weekly Technical Forecast: Dow’s Incredible Climb is Slowing and EURUSD’s Range is Ripe

Volatility continues to drain from the market, cutting down the opportunities to jump start critical breakouts or trends. That is problematic for US indices like the Dow and S&P 500 given the remarkable run they’ve made these past two months. But it is just as burdensome for overdue ranges in FX like that of EURUSD or tentative breaks from USDJPY.


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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...