Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.


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USD is King in Low Currency Volatility Environment, Gold Drops Below Support - US Market Open

USD finds support amid the compelling carry under low volatility environments. Investors eye slew of Fed speakers.


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US Dollar Price Action Setups in EUR/USD, GBP/USD and USD/JPY

The US Dollar has held short-term support after the release of FOMC meeting minutes, and this keeps digestion setups front-and-center in EUR/USD, GBP/USD and USD/JPY.


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FTSE Technical Outlook Following Brexit ’Agreement’; GBP Correlation a Factor Again

The FTSE saw very limited activity following Brexit extension, coming off trend-line; inverse correlation to GBP has strengthened again.


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AUDUSD Price Outlook Positive, Australian Federal Election Set for May 18

The downward trend in AUDUSD, in place since late January, looks to have ended as eyes turn to an Australian Federal election to take place in the middle of next month.


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GBPUSD Chart Has ’Pattern Inside Pattern’ Potential, Could Lead to Big Move

GBPUSD has been full of indecision with 'Brexit' headlines, but with that a set of clear price sequences are beginning to become visible; could lead to a big move.


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S&P 500 Outlook: Investors on Edge Ahead of Earning Season

Volatility may return as investors focus on the upcoming earning season with financial names set to report.


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Crude Oil Price Remains Firm as OPEC Cuts Curb Oversupply

Crude oil production cuts have sent prices to a five-month high as the imbalance between supply and demand continues to unwind.


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Gold Price Outlook Still Positive as Global Slowdown Fears Persist

Enduring concerns about a worldwide economic slowdown and ongoing worries about trade protectionism are continuing to attract investors to safe-haven gold.


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GBPUSD Price Shrugs Off Brexit Extension, Sterling’s Bid Remains

The EU have offered an extension to Article 50 until October 31 with a break before that date possible if the UK passes the Withdrawal Agreement. Sterling remains slightly better bid in the face of yet more aimless can kicking.


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Norwegian Krone Jumps on CPI, Swedish Krona Eyeing Inflation Data

NOK, SEK largely ignored volatility triggers from the ECB, Fed and Brexit-related developments with the Krone jumping on CPI. The Krona is now waiting for the release of local inflation data.


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World Equity Outlook Grimmer as Asia Stocks Fall, FTSE 100 Next?

The world equity outlook is looking grimmer after Asia stocks traded lower with the passing of the ECB meeting and FOMC minutes. Besides the S&P 500 and the DAX, the FTSE 100 may also be topping.


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Gold Prices at Key Technical Barrier, Crude Oil Prices Vulnerable

Gold prices are pushing up against make-or-break technical resistance. Crude oil prices may fall if global slowdown fears and a downbeat IEA report.


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AUD/USD Upside Breakout Needs Confirmation After In-Line China CPI

The AUD/USD breakout higher needs confirmation after in-line China CPI data. For now, the Australian Dollar may rise towards resistance, awaiting Chinese trade and loan data.


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S&P 500 and VIX Belie Financial Risks Even the IMF is Telegraphing

The IMF followed its downgrade on growth forecasts with a warning over a list of financial threats moving forward. Markets seemed to pay the concern little head, but how should you as a trader account for the risks?


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NZD/USD Technical Analysis: Upswing May Offer Short Trade Setup

The New Zealand Dollar has broken six-month support, hinting the downtrend against its US counterpart is resuming. Retesting resistance may precede a selloff however.


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EUR/USD Extends Bullish Reversal Despite Draghi, AUD/USD May Rise

EUR/USD extended its bullish reversal despite cautious commentary from ECB President Mario Draghi. FOMC minutes boosted the US Dollar before AUD/USD may rally on Chinese CPI data.


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IMF Strikes Cautionary Tone in Latest Global Financial Stability Report

The International Monetary Fund just published its Global Financial Stability Report update which noted several escalating risks that threaten the global markets and financial system.


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S&P 500 Trading Volume: A Black Hole Around Fed Minutes

A recent lack of trading volume may be set to end with event risk from the central bank double-header in the rearview and earnings season on tap.


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Gold Price Outlook: XAU Reversal Targets Consolidation Resistance

Gold is up nearly 1.4% this week with price now targeting multi-month consolidation resistance. Here are the targets & invalidation levels that matter on the XAU charts.


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