Tuesday, 14 May 2019

USDMYR, USDIDR Uptrends May Accelerate as Singapore Dollar Weakens

USD/IDR, USD/MYR, USD/SGD and USD/PHP extended their uptrends as anticipated, eyeing distant resistance barriers amidst the uptick in US-China trade war worries.


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AUD Wilts Again As China Data Fall Short, Local Job Figures Eyed

The Australian Dollar was already under pressure from US-China trade war worries so it didn’t fall a lot more on news of further underwhelming economic numbers out of Beijng.


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Can Dow, AUDUSD Stage a Recovery or is This a Pregnant Trade War Pause

The markets have taken a breather from the trade war volatility shudder, but is this a dependable hold and the step towards a true bullish recovery or mere pause before the fundamental weight comes crashing in?


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BRL and Ibovespa Volatility Ahead of Key Economic Data

The Brazilian Real and Ibovespa may experience unusually high volatility ahead of the publication of a major growth indicator against the backdrop of the US-China trade war.


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Yuan Currency Volatility: USDCNH Eyes Trade War & Looming Data

The Chinese Yuan remains in focus ahead of a data dump that could provide markets with a sign of how urgently China may need to strike a deal with the US. What might USDCNH implied volatility suggest?


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Subdued Australia Wage Price Index (WPI) to Keep AUDUSD Under Pressure

Another 2.3% print for Australia’s Wage Price Index (WPI) may do little to curb the recent decline in AUD/USD as it puts pressure on the RBA to implement a rate-cut.


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GBPUSD Near Turning Point on Brexit Talks, AUDUSD Faces Wage Data

GBP/USD is approaching key support on fading confidence in Brexit negotiations. AUD/USD is eyeing Australian wage data as sentiment signals show a neutral Australian Dollar bias.


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3 Major Global Themes and How Best to Trade Them

With numerous global macroeconomic and geopolitical themes at play, here are some of the most pertinent and the best ways to trade them.


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Dow, S&P 500 Rise After Trump Tweets Jawbone Stocks Higher

Equities are gaining ground as risk assets attempt to stage a comeback after Trump's latest jawboning tweets on the US-China trade war. But, effectiveness may prove difficult as the President has a history of attempting to move markets.


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Bitcoin Price Rally Continues as XRP Boasts Largest Gain in 8 Months

As the Consensus conference winds down in New York, Bitcoin has surged above $8,000. Alongside BTC, XRP is on pace for its best intraday performance since September 2018.


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GBP Price Outlook: More Weakness Likely as Brexit Talks Near Collapse

The UK government looks close to abandoning its Brexit talks with the opposition Labour Party; a development that could weaken Sterling further.


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Stock Market Liquidity and the Benefits for Traders

Why is stock market liquidity important to traders? Here, we explore the reasons and provide an FX comparison.


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Oil Prices Jump as Crude Clings on to Technical Support

Crude prices climbed modestly early Tuesday after an attack on Saudi oil pipeline infrastructure was reported. Will the gains help solidify a base above $60/bbl?


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Trading the Bullish Hammer Candle 

Learn more about trading the bullish hammer pattern in forex and stocks.


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Crude Oil Prices Surge on Saudi Pipeline Attacks, GBPUSD Underperforms - US Market Open

Rising geopolitical premium has underpinned oil prices with Brent crude futures rising over 1.3% to test $71/bbl. Euro Drops as Salvini signals that it could break EU budget rules.


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EUR/JPY Technical Analysis: Could Price Rally to 124.28 ?

Trading around 123.10 with hints of weakness in bearish momentum: On May 6, EUR/JPY opened with a downside break-away gap, showing more momentum for the price to trade lower


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Dow Jones Down but Not Out (Yet), S&P 500 Eyeing 200-day

More trade war headlines, more battering; markets are in a fragile state but may soon see a bounce develop from support.


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Market Sentiment Hit by Trade War Worries | Webinar

Trader sentiment has been hit hard by the US-China trade dispute, with money flowing out of riskier assets like stocks into the Japanese Yen, US Treasuries and, to a lesser extent, gold.


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Dollar Turning Bullish; Euro, AUDUSD, Gold Price Chart Set-ups

The Dollar has been soft but the chart is beginning to take on a bullish form; outlook for currencies is bearish, but gold has bullish momentum.


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Crude Oil Price Outlook: Weak on Concerns About Global Demand

Worries that the US-China trade war could damage economic growth worldwide are holding back oil prices despite Gulf tensions and ongoing supply disruptions.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...