AUDUSD, GBPUSD, EURUSD Rise as USD Suffers from Risk On Sentiment - US Market Open

Euro and German yield supported by firmer PMI figures, GBP ignores weak data as Brexit dictates while the improvement in risk sentiments benefits the Aussie.


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S&P 500 Rising Wedge Chart Pattern, Dow Still Trying to Clear Resistance

The market continues to work its way higher but could have some difficulty if a rising wedge forms in the S&P and the Dow can't break on through resistance.


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Trading Forecast for Gold Price, S&P 500, DAX 30, Crude Oil & More

Gold looks vulnerable to more selling, S&P 500 forming a rising wedge, DAX 30 forming a pattern of its own, while crude oil is at long-term resistance.


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Crude Oil Price Outlook Positive After Break Higher

The price of US crude oil has broken to the upside through channel resistance and will likely make further gains.


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Bitcoin (BTC) Price Outlook: A New Rally Simmering or a Bull Trap?

Bitcoin is back in the headlines with sharp gains over the last two days, sparking rallies across the board in the cryptocurrency market. The million-dollar question – is the rally sustainable?


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EURUSD Bounces Off Support on Firm Data and Softer Brexit Hopes

The Euro and German yields had been underpinned by a slew of better than expected services PMI figures. However, risks remain tilted to further Euro weakness.


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Gold Prices Helped By US Dollar Pullback But Topping Signs Remain

Gold prices got a lift as cross-currency flows weighed on the US Dollar but technical positioning continues to warn that a major top may be taking shape.


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GBPUSD Outlook Improves After May Reaches Out to Corbyn on Brexit

UK Prime Minister Theresa May is to open talks with Opposition leader Jeremy Corbyn in an attempt to reach a Brexit breakthrough. That has reduced the negativity surrounding the British Pound.


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GBPUSD Price Outlook: Sterling Technicals Turning Positive

The GBPUSD technical outlook is now starting to turn positive with cable back above trend and at a one-week high. Further gains may be on the cards if trend support holds.


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EUR/USD Eyeing Key Economic Growth Indicators in US and EU

EURUSD will be watching tomorrow’s cascade of key economic growth indicators out of the US and EU as both economies slow against the backdrop of rising tensions.


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Asian Stocks Gain On Trade Hopes As China, US Meet For New Talks

Trade was back to the forefront of Asia Pacific equity market trading as hopeful reports swirled before negotiators from the world’s biggest economies sit down yet again.


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AUD/CAD Outlook Bearish on Fundamental, Technical Considerations

The AUD/CAD outlook appears bearish, Canadian economic data may outperform. Technical signs warn that the pair may extend losses ahead, opening the door to testing 2016 lows.


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USDSGD, USDPHP Outlook Bearish. Indonesian Rupiah Forecast Neutral

The USD/MYR technical forecast is bullish while USD/SGD and USD/PHP outlook is bearish. Meanwhile, the Indonesian Rupiah is running out of room to consolidate against the US Dollar.


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AUD/USD Technical Analysis: Trend Bias Bearish in Choppy Trade

The Australian Dollar still looks biased lower against its US counterpart despite prices’ inability to break from a choppy range centered around the 0.71 figure.


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Japanese Yen Technical Analysis: USDJPY Bulls Eye 2019 High Again

The Japanese Yen continues to wilt against the US Dollar. With that pair’s uptrend quite firm the path back to this year’s peak looks clear


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AUD/USD Jumps Following the Release of Retail Sales, Trade Balance

AUD/USD skyrockets following the release of better-than-expected Australian retail sales and trade balance data. How long can the jump last?


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Dow’s Growth Rally Stalls, EURUSD Still Hasn’t Committed at 1.1200

The growth-led charge in risk assets to start the week, month and quarter has already stumbled. Will data ahead revive or capsize risk trends? Meanwhile, will EURUSD break or reverse at 1.1200?


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British Pound Gains on Cross-Party Brexit Deal Path, JPY May Fall

The British Pound rose as UK Prime Minister Theresa May sought a cross-party Brexit deal. Asia Pacific stock may trade higher, AUD/JPY remains in limbo after bearish price signals.


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British Pound Gains on Cross-Party Brexit Deal Path, JPY May Fall

The British Pound rose as UK Prime Minister Theresa May sought a cross-party Brexit deal. Asia Pacific stock may trade higher, AUD/JPY remains in limbo after bearish price signals.


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Second Quarter 2019 Forecasts for the US Dollar, Pound, Gold, Equities, and More

The first quarter of 2019 produced significant technical reversals across multiple asset crosses, setting up what should be a crucial second quarter of 2019.


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