AUD Price Rally Possible Despite Weak China Data

The Australian Dollar is well placed to stage a near-term rally after poor Chinese economic data raise hopes of more monetary stimulus from Beijing.


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Sterling Outlook: GBPUSD, EURGBP Price Analysis and Brexit News

The British Pound soared on the Wednesday’s Brexit vote, but care is needed when trading GBP as PM May’s government is currently tearing itself apart.


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FTSE Technical Analysis – Range-bound Trading Continues, Levels to Watch

The FTSE continues to move sideways relatively unaffected by large swings in Sterling, price action is working towards a wedge with notable levels just above and below.


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GBP, CHF Eyeing Brexit Vote - USD Waiting for New Home Sales

Sterling and Swiss Franc traders will be watching the upcoming UK vote on extending the March 29 Brexit deadline with the US Dollar waiting for new home sales.


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Asia Stocks Mixed, Brexit-Induced Optimism Fades. FTSE 100 May Top

Brexit-induced market optimism faded in Asia Pacific trade, Nikkei 225 aimed to close its upside gap. Sentiment may deteriorate ahead as technical warnings hint the FTSE 100 may top.


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Crude Oil Price Uptrend Faces OPEC Monthly Report, Gold May Fall

Crude oil prices touched new 2019 highs, will OPEC’s monthly report uphold the commodity’s dominant uptrend? Technical warnings hint gold prices may turn lower in the short-term.


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Swedish Krona Eyeing US, Sweden Economic Data and Brexit Vote

USD/SEK traders will be eyeing Sweden’s unemployment rate along with the much-anticipated Brexit vote on whether the UK will ask for an extension of the deadline. The clock is ticking.


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Neither S&P 500 Nor GBPUSD Will Find Breakouts Easy to Support

Breakout hopes are high in the markets as we head into the second half of the week. While most assets are still forming some measure of range, the S&P 500 and GBPUSD have staged at resistance while Crude has actually climbed above its ceiling.


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AUD/USD Edges Lower on Soft Chinese Industrial Production Data

The Australian Dollar slipped following the release of Chinese industrial production. Will continued slower growth in China prompt the RBA to cut rates, sending AUD/USD lower?


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BRL Shrivels on Soft Industrial Production, Retail Sales in Sight

The Brazilian Real suffered yesterday following the release of underperforming industrial production data. BRL traders are now focusing on upcoming local retail sales with an eye on Brexit.


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Nikkei 225 Technical Analysis: Trade Back In Range, Former Top Eyed

The Nikkei 225 has managed to bounce into its old trading band, but has yet to prove that it’s comfortable there.The threat of lower lows still hovers if this month’s peak can’t be topped.


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GBP/USD No-Deal Brexit Rally Lacks Momentum, AUD Eyes China Data

GBP/USD’s best gain in almost two years, as UK’s Parliament rejected a ‘no-deal’ Brexit, lacks upside momentum. AUD/USD may be torn between soft Chinese data, rising stocks.


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GBPUSD: Sterling Rises After MPs Vote Down No-Deal Brexit

GBP pushes higher after British Parliament rejects no-deal Brexit with the passing of Amendment F, but uncertainty remains about tomorrow's vote on Article 50.


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3 Trading Exit Strategies – How to Exit a Profitable Trade

Entering a trade is merely one aspect of trading. Planning an exit strategy can be more of a challenge. Learn 3 ways you can exit a trade.


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Gold: Traders Remain Net-Long

Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.


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Gold Eyes Monthly-High Following Failed Attempt to Test 2019-Low

Gold extends the rebound from the monthly-low ($1281), with the price for bullion at risk for a larger advance as it reverses course ahead of the 2019-low ($1277).


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USDJPY: Traders Net-Long Increased from Last Week

Recent changes in sentiment warn that the current USDJPY price trend may soon reverse lower despite the fact traders remain net-short.


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S&P 500 Outlook: Index Fights Resistance, US Grounds Boeing 737 Max Models

The S&P 500 is stuck below key technical resistance at 2815, as the United States announced all 737 Boeing Max models will be grounded, pressuring the Dow Jones.


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GBPUSD: Frenetic Volatility Continues as Brexit Drives the Flow

Brexit dynamics have driven volatility through the British Pound this week and GBPUSD is devoid of any clear near-term trends.


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USD/CAD Extends Bearish Series, RSI Comes Up Against Trendline Support

Recent price action keeps the downside targets on the radar for USD/CAD as the exchange rate continues to carve a string of lower highs & lows.


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