USDCAD’s Failed Breakout Attempt Hinges on Next Crude Oil Price Move

Crude Oil prices appear to be holding a key trend level as fresh supply concerns arise. This may be bad news for USDCAD rates.


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10 Trading Mistakes to Avoid in Forex Trading

The forex market is complex in nature and often leads to common trading mistakes.


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CAD Drops, GBPUSD Reclaims 1.30, USD Selling on Month-End Flows - US Market Open

The USD is on the defensive, down 0.3% as the index tests 97.50. Month-end flows have been among the main factors behind the decline in the USD index.


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Top 3 Technical Analysis Charts for Trading

There are 3 main types of technical analysis charts traders are likely to experience in their career.


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Crude Oil Prices Rise With Venezuelan Military Coup Underway

Oil prices have been grinding higher throughout the European session with Brent crude rising over 1.4% and WTI gaining 1.5%.


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Gold Price Outlook: Gold Recovery Continues - Are Sellers Finished?

Gold prices put in a strong bearish run last week, but after setting a fresh 2019 low, buyers have re-emerged and Gold prices are trending-higher.


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Market Sentiment Remains Positive | Webinar

Overall, trader sentiment remains buoyant, with stock markets not far from their recent record highs and no rush into safe havens such as gold.


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Dollar Breakout Under Fire; Euro, GBPUSD & Gold Price Charts

The DXY is testing big breakout support; how the Euro acts is first and primary, cable at spot on chart, gold trying to benefit from weakness but struggling.


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AUD Price Under Pressure on Poor Chinese Economic Data

More weak figures from China are adding to the downward pressure on the Australian Dollar, which is widely traded as a proxy for the world’s second largest economy.


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Sterling (GBP) Price Outlook - GBPUSD & EURGBP

Sterling is getting a lift in early turnover against the US dollar and the Euro, although the single-currency is getting a boost from positive economic data.


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Copper Price Outlook: Support Holds as USD Drop Offsets Chinese PMI Miss

Chinese PMI figures disappointed market expectations, resulting in a pullback in copper prices, however a dip in the greenback and copper stockpiles has provided a lift to the base metal.


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EURUSD Breaks Above 1.1200 on Positive Euro-Zone Data Releases

EURUSD edges higher in the short-term but its future direction may well be steered by Wednesday’s FOMC rate meeting and Friday’s US Labor Report.


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Euro Pushes Higher After German Jobs Numbers, Data-Heavy Session Lies Ahead

Better than expected German unemployment data has reinforced the Euro’s uptrend pushing towards the 1.12 line. In April, Germany created 5,000 more jobs than in March, surprising investors that were expecting that unemployment had increased.


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DAX 30 & CAC 40 Momentum Stalling, Rising Risk of a Decline

The DAX and CAC have been losing momentum the past week and in an extended state this is starting to favor prices rolling over in the days ahead.


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Yen May Extend Rise as S&P 500 Chart Warns of Trend Change

The anti-risk Japanese Yen may continue higher as technical positioning of the bellwether S&P 500 index warns of topping, implying a bearish turn in markets overall.


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SEK, NOK Forecast: European GDP, US Data May Pressure Nordics

The Swedish Krona and Norwegian Krone may find themselves under pressure as key growth data out of the US and EU cross the wires.


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Crude Oil Prices May Break 2019 Uptrend on Global Slowdown Fears

Crude oil prices may break chart support guiding the uptrend since the beginning of the year as fears about slowing global economic growth sour market sentiment.


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S&P 500 May Reverse on Technical, Sentiment Signals. KOSPI Falls

As equities trade mixed in Asia trade, the S&P 500 is showing signs of a top based on technical and sentiment signals. Disappointing Samsung earnings sunk the KOSPI as Yen rose.


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China Stocks at Risk as Earnings Play Up Economic Contradictions

Chinese stock markets have offered some of the best performances in the world this year, but they’ve hit a sticky patch as earnings season approaches.


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Krona, Krone Outlook: Volatility Ahead of FOMC, EU Data

The Swedish Krona and Norwegian Krone will be in a for a potentially tumultuous week as the US and EU prepare to publish several key economic indicators along with the FOMC rate decision.


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