Gold Price Outlook Bearish in Long Run, Eying Support in Near Term

Gold prices concluded another month lower as a bearish reversal pattern formed, hinting of a top in the long-run. For now, the precious metal faces critical support that may hold.


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Gold Price Outlook Bearish as USD May Rise on Soft Econ Data, RBA

Gold prices could be weighed down if the US Dollar rises in risk aversion on soft economic data. Other hazards for the precious metal include a more dovish RBA and Brexit updates.


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US Dollar Weekly Technical Outlook: USD Starting to Look Exhausted

The recent batch of poor US data prints have been brushed aside by a resurgent US dollar in the past few days, but the recent push higher looks like it is running out of steam.


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US Dollar May Rise as Sentiment Succumbs to Potent Headwinds

The US Dollar may rise, spurned on by haven-seeking capital flows as risk appetite finally succumbs to a broad assortment of potent headwinds.


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Sterling Weekly Technical Outlook: No Brexit Deal- Pound Losses Mount

Sterling is set to close just above upslope support as a breakdown in Brexit negotiations weigh on price. These are the levels that matter on the GBP/USD weekly chart.


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GBP/USD Rate Threatens Bull Trend Ahead of Brexit Deadline

The British Pound may face a more bearish fate ahead of the Brexit deadline in April as the GBP/USD exchange rate threatens the upward trend from late last year.


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S&P 500 Ends Quarter Strong, Pound Hit on Brexit Again, Dollar Reaps

The quarter closed with some modest sense of enthusiasm. The S&P 500 and crude oil prices closed out their best quarters in a decade, but more recent price action is uneven and cautious. That is an accurate reflection of our market’s general settings.


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Crude Oil Prices Edge to 5-Month High, Doesn’t Feel Like a ’Breakout’

US crude oil prices closed out this past week with a sense of progress that varies according to what time frame you evaluate. While the quarter (Q1) was extraordinary, the carry over into next week alone looks more tepid.


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Crude Oil May Be Overextended, But Watch Out For Trade Headlines

Crude oil prices remain supported by supply cuts and trade deal hopes even as the economic data have proven disappointing. That support could wane a little this week


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S&P 500: Best Q1 Since 1998 Despite ETF Outflows

The S&P 500 boasted its highest return for a first quarter since 1998. Still, capital movement from the index’s largest exchange traded funds revealed outflows for the quarter.


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S&P 500: Best Q1 Since 1998 Despite ETF Outflows

The S&P 500 boasted its highest return for a first quarter since 1998. Still, capital movement from the index’s largest exchange traded funds revealed outflows for the quarter.


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Gold Price Weekly Outlook: XAU/USD to Threaten Yearly Range Lows

An outside weekly-reversal leaves Gold prices vulnerable heading into the close of Q2. Here are the levels that matter on the XAU/USD weekly chart.


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How IG Will Bring New Opportunities to Trading the Foreign Exchange Market | Podcast

Listen to our podcast and discover how DailyFX parent company IG is set to shake up FX trading.


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Brexit Latest: GBPUSD Drops Below 1.3000 as Third Vote Fails

UK PM Theresa May’s EU-UK Withdrawal Agreement has been defeated again, this time by a margin of 286 votes in favor to 344 against.


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USDCAD Price Reversal Triggered by Canadian GDP, US Inflation Data

USDCAD’s daily move is already its largest down day since February 22.


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Q2 Themes: USD Triangle, EURUSD Range, Risk Aversion in Stocks, Yen

This is the final day of Q1 trade and it's been an eventful quarter across the landscape. But will Q2 bring a return of Q4's risk aversion, or will the Q1 risk-on mode hold into mid-year?


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Brexit Rumours, Palladium Bubble, EURUSD Outlook - US Market Open

Sterling jumped sharply mid-morning as rumours swirled that PM May’s latest attempt at getting her bill through Parliament was gaining traction. Sterling jumped but price action is volatile.


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EUR/USD Rate Vulnerable to Further Losses on Sticky U.S. Core PCE

Updates to the US Core Personal Consumption Expenditure (PCE) may keep EUR/USD under pressure as the gauge for inflation is anticipated to hold steady at 1.9% in January.


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Palladium Price: More Losses Likely as ’Bubble’ Bursts

A spectacular increase in the price of palladium has come to an equally dramatic end, with the price crashing this week and further weakness on the cards.


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GBPUSD Price Struggles Above 1.3000 Ahead of Another Brexit Vote

On the day that the UK was originally meant to leave the EU, Prime Minister Theresa May is taking part of her withdrawal agreement back to Parliament later today for yet another vote.


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