Tuesday, 5 March 2019

Market Sentiment Remains Positive | Webinar

Financial market traders are still confident as weak economic growth from China to the Eurozone is pushing central banks to increase their measures to stimulate activity.


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Technical Outlook for USD, USDCAD, AUDUSD, AUDJPY, Gold Price & More

The US Dollar Index has room to trade higher short-term, USDCAD too, while AUDUSD and gold remain vulnerable to more selling.


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Gold & Silver Price Charts – Precious Metals Likely to Remain Heavy

Selling in gold and silver has been significant the past few days, likely to keep pressure on the metals with rallies seen as uphill battles.


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EURUSD Price Analysis: Breaking Lower Ahead of ECB

EURUSD has dropped below the support line of a rising channel on the charts ahead of this week’s ECB monetary policy meeting, suggesting further losses ahead.


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USDJPY Price Probing a New 2019 High

USDJPY continues to edge towards highs late seen in late-December 2018 but one technical indicator is flashing a warning signal.


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Sterling Nudges Higher After PMIs, Brexit Continues to Dampen UK Growth

The latest UK Markit services PMI beat lowly expectations, but fears remain about the near-term economic outlook as Brexit nears.


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AUDUSD Outlook: Focus on Q4 GDP & RBA Governor Lowe Speech

Risks are tilted to the downside for Q4 GDP, which may spark fresh dovish RBA signals. Markets currently pricing in year-end rate cut.


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Gold Prices May Keep Falling as ISM Data Boosts the US Dollar

Gold prices may fall for a fifth day as service-sector ISM survey data boosts the US Dollar, undermining the appeal of anti-fiat alternatives.


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Monday, 4 March 2019

EUR/USD Eyeing Italy GDP, Eurozone PMI Data - Gloomy ECB Outlook

EUR/USD may be vulnerable to Italian GDP data and Eurozone PMI as regional growth sputters. Traders are now eyeing the upcoming ECB rate decision and commentary that will follow.


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Asia Stocks Under Pressure, Will US ISM Services PMI Sink S&P 500?

Asia followed declines on Wall Street despite upbeat progress on US-China trade talks. Sentiment may sour further if US ISM Services PMI data disappoints, sending the S&P 500 lower.


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S&P 500 Shaken to Start the Week, A Run of Rate Decisions Begins

The new trading week did not start off on a strong footing as the US indices came under serious pressure and the range of risk assets followed suit. Will traditional event risk take the reins or sheer sentiment?


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USD/SEK, USD/NOK Climbing Toward Key Resistance Barriers

The Swedish Krona and Norwegian Krone appear to be edging higher toward key resistance levels. If the price barriers are broken, it might re-reinforce bullish confidence and give a boost.


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Australian Dollar Ticks Up As RBA Holds Rates, Lowe Speech Up Nexrt

The Australian Dollar ticked up after the Official Cash Rate was left on hold at 1.50% as had been very widely expected. RBA Governor Philip Lowe will probably add detail when he speaks on Wednesday.


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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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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...