Weekly Gold Price Forecast: Channel Provides Guide for Longs & Shorts

Gold is trading higher within a channel which keeps short-term momentum edging upward, but a breakdown may soon usher in sellers.


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Gold Price Outlook Clouded by Recession Signals, US Econ Data Drop

Gold prices rose as a dovish Fed sent bond yields lower and fears of a recession subsequently increased. Near-term XAU/USD outlook neutral, precious metal eyeing US GDP and core PCE inflation.


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Is FOMC Scared of a Stronger DXY? Apparently So, As They Should

Unfortunately, the Federal Reserve does not speak in a vacuum. Despite their desire for a weaker US Dollar, the rest of the world seems to see US assets (and thereby) the US Dollar as a likely haven from global weakness, which could potentially frustrate the Fed’s plans.


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Post-FOMC U.S. Dollar Recovery to Face Slowing GDP Report

Developments coming out of the U.S. may continue to drag on the dollar as ‘data arriving since September suggest that growth is slowing somewhat more than expected.’


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British Pound Volatility Continues and a Break Is Inevitable…

The Pound exhibited extraordinary volatility these past weeks as the markets chewed over Brexit uncertainties. As uncertainty prevails, a breakout will be tough to secure; but exceptional volatility will eventually lead to a break.


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GBP Fundamental Forecast: And The Brexit Band Played On

Another week consisting of point, counterpoint, noise and rumors ends up with no-one any the wiser as to how and when Brexit will end. And yet Sterling continues to battle to keep its head above water.


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Crude Oil Weekly Forecast: Rising Global Growth Concerns Sink Oil Prices

As more of the US Treasury yield curve sinks into inversion territory, concerns about global growth have flared – dragging down energy prices in the process.


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Top 5 FX Events: January Canadian GDP & USDCAD Price Outlook

With Crude Oil prices rising by 18.5% in January, there was likely a positive impact on Canadian growth.


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Top 5 FX Events: Third Brexit Vote & GBPJPY Price Outlook

The Brexit extension from March 29 to April 12 is contingent upon the UK parliament passing Prime Minister Theresa May’s Withdrawal Agreement.


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S&P 500’s Slide Alongside GDP Fears and Political Risks Bring Weekend Anxiety

This past week ended with an unmistakable stumble in all things risk sensitive. With palpable concerns of recession, flailing monetary policy efforts and renewed political risk; the first 48 hours next week will prove crucial.


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Top 5 FX Events: March German CPI & EUR/JPY Price Outlook

Inflation rates in the Eurozone’s largest economy appear to have stabilized in the near-term.


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Top 5 FX Events: Final Q4’18 US GDP & USDJPY Price Outlook

Consensus forecasts call for Q4’18 US GDP to come in at 2.4% annualized.


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Aussie Weekly Technical Outlook: AUD/USD Rebound Stalls Post-Fed

Aussie is poised to post a weekly doji just above yearly open support. These are the key targets and invalidations levels that matter on the AUD/USD weekly chart


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Australian Dollar Likely Loser In Ugly Contest With US Cousin

The Australian Dollar gained when the US Fed struck a dovish tone last week. But markets soon realized that what applies to the Fed probably goes double for the RBA.


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FX Week Ahead: RBA & BOE Rate Decision; Canadian & New Zealand Jobs

Rates markets are currently pricing in a 0% chance of a rate move by the RBNZ this coming week.


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Currency Volatility: Forex Price Action Setups for Next Week

Forex option traders have begun to price in higher anticipated volatility for GBPUSD, EURUSD, JPYUSD and USDCAD currency pairs headed into next week.


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Brexit No-Deal Is Increasingly Likely After Another Rejection Hits GBP

Parliament’s vote next week will determine whether a no-deal Brexit will be more likely and the effects it will have on GBPUSD.


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Crude Oil Price Forecast: Evening Star Prints as $60 Breakout Fails

The bullish 2019 trend in Oil prices finally found some resistance this week at the $60-handle, at which point a bearish formation printed. But will buyers completely step back ahead of the Q2 open?


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Forex Setups for the Week of March 25, 2019

It was a climactic week across global markets and the final week of Q1 awaits. Will risk aversion continue after a generally upbeat start to 2019?


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Stock Market Fund Flows Suggest S&P 500 Sentiment Remains Bullish

The S&P 500 looks to end Friday’s session in a range that previously offered considerable resistance in a week where the SPY, IVV and VOO ETFs recorded $6.4 billion in inflows.


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