GBPUSD Bull Trend Remains Under Threat as Brexit Negotiations Continue

GBP/USD continues to threaten the upward trend from earlier this year as U.K. lawmakers fail to agree on a Brexit deal ahead of the April 12 deadline.


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Gold Price Chart Suggests a Bounce off Support is Possible

Bulls may have the opportunity to drive gold higher as bears were unable to break the $1280 price level despite a strong test of support on April 4.


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USDJPY Collapsing Implied Volatility Could Signal Calm Before Storm

Expected USDJPY price action has plummeted according to various implied volatility measures, but risk surrounding tomorrow's Non-Farm Payroll data release could spur USDJPY volatility.


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Central Bank Weekly: How Much Further Can Fed, ECB, BOJ Ease?

To the US Dollar's benefit, rates markets are no longer pricing in a 25-bps rate cut for this September.


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Pre-NFP Price Action Setups

Tomorrow brings Non-Farm Payrolls out of the United States, and last month’s NFP report brought an abysmal headline print and almost two weeks of USD-weakness.


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Dow Jones Outlook: Technical Resistance Tested, Awaits NFP Data

Friday will see non-farm payroll data released for the United States, alongside reports of a possible summit between the United States and China on a trade war resolution.


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Top 5 Events: March Canadian Jobs Report & USDCAD Price Outlook

Markets are expecting the Canadian labor market to cool off after exceptionally strong gains in January and February.


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Gold: Traders Increase Their Net-Long Positions

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.


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USDJPY: Traders Net-Short Increased by 61% from Last Week

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bullish contrarian trading bias.


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Gold Price Technical Outlook: GLD Targeting Yearly Open Support

Gold is down nearly 3% from the March highs with price now targeting support at the 2019 open. Here are the targets & invalidation levels that matter on the XAU charts.


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Oil Forecast Clouded by Overbought Signal, Jump in Crude Inventories

Current market conditions may keep crude oil prices afloat as the Relative Strength Index (RSI) sits in overbought territory for the first time in 2019.


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Top 5 Events: March US Nonfarm Payrolls & EURUSD Price Outlook

Markets are expecting the weak February print of 20K to be a one-off; consensus calls for 170K.


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GBP Technical Analysis: GBPUSD Drops From Confluent Resistance

It’s been a quiet start to Q2 for the British Pound, but if the post-Brexit backdrop has taught GBP traders anything, it’s that a lack of activity is unlikely to last for long.


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Central Bank Intervention in the Foreign Exchange Market

Central banks perform currency interventions when protecting the local currency. Learn how these interventions impact the forex market.


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US Dollar Price Action Setups: EUR/USD, USD/JPY and USD/CHF

The US Dollar continues to work within the longer-term ascending triangle. But bulls have retained control into Q2, and tomorrow brings NFP. Might a break be near?


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EURUSD and Italian Stocks Dip on Italy Growth Cut, USD Recovers - US Market Open

The Euro saw a brief dip alongside Italian stocks after source reports noted that Italy is to lower its 2019 GDP forecast to 0.1% from the overly optimistic 1%.


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Gold Price Forecast: Short-Term Support Ahead of US Labour Report (NFPs)

Gold continues to respect Fibonacci support, but traders need to keep an eye on Friday’s US Labour Report which may well make or break short-term market sentiment.


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Stock Market Outlook: DAX Given China Boost, S&P 500 Signals Warning

A strong week for the DAX thus far on Chinese data boost, while S&P 500 shows warning technical signals.


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GBP Price to Shrug off Shorter Odds on Corbyn as Next UK Prime Minister

The GBP price remains firm even though the odds on Jeremy Corbyn becoming the next UK Prime Minister have shortened – emphasizing that the markets are not afraid of a potential Labour government.


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FTSE Chart Has Trend Resistance in Play, but Hard to Be too Bearish

The FTSE continues to rally with global equity markets and is now running into the trend-line off the record high; outlook at a crossroad.


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