Thursday, 14 March 2019

EURUSD Climb in Question as US Dollar Drop Finds Fibonacci Support

The US Dollar's four-day decline has found some element of support at a key level. But will buyers be able to re-test the yearly high that rebuked bulls last week?


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GBPUSD Eyes Brexit Extension Vote, USD Halts Losses - US Market Open

Another day, another vote in the House of Commons with this time a vote on whether Brexit will be delayed.


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Crude Oil Analysis: Oil Prices Pullback from 2019 Highs on Trade War Update

Brent crude oil pushed above $68 as oil supply continues to ease, however, negative trade war headlines have capped further upside for now.


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Brexit Latest: Indicative Votes Proposed For March 20

In another twist in the Brexit saga, British Members of Parliament have tabled a proposal to force a series of indicative votes on March 20.


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Becoming a Better Trader – Q&A Session Overview

In this webinar, we covered a range of topics including trading psychology, risk management, analysis and strategy techniques, as well as other topics related to trading performance.


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EURUSD Price: Ifo Institute Slashes German 2019 GDP to 0.6%

The Euro is slipping slowly lower against the US dollar with the move sparked by the latest German Ifo report that expects the German economy to grow by just 0.6% in 2019.


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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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Wednesday, 13 March 2019

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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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...