Dollar Chart Buckles; EURUSD, GBPUSD, and Gold Rate Outlook

The Dollar took a sudden hit and now has trend support in focus; Euro leading the charge, Cable trying to lift off long-term support, while gold trades back towards major levels.


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Crude Oil Price Analysis: Brent Crude Eyes Critical Test of $60 Support

The oil market continues to remain soft as the bearish bias towards risk assets in light of rising concerns of a global slowdown weighs on the energy market.


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Mixed Eurozone Data Keeps EURUSD Subdued, Focus on Fed Chair Powell’s Speech

The EURUSD was pushing higher at the end of Monday’s session but reversed some of the gains in anticipation of Eurozone inflation and unemployment figures released this morning. A mixed reading kept the pair subdued around the 1.1246 handle.


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Bitcoin (BTC) Price Slumps, Longer-Term Bullish Momentum Likely

The latest sharp sell-off in Bitcoin is unlikely to break the longer-term ongoing bullish momentum and prices may push higher after a period of consolidation.


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DAX 30 & CAC 40 Technical View: Short-term Positive, Broadly Negative

Both the German and French benchmarks are trading around the important long-term moving average; only a bounce is anticipated at this time though.


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Gold Forecast - Will Fed’s Powell Fuel Another Gold Price Surge?

Gold continues its recent rally, but momentum is slowing as resistance levels near. Will commentary from Fed Chair Jerome Powell reignite the recent surge higher.


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Gold Price Breakout Triggers Overbought RSI Reading

Gold prices may continue to gain ground over the coming days as the Relative Strength Index (RSI) flirts with overbought territory.


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EURUSD Testing Critical 18-Month Resistance - Will it Hold?

EURUSD will likely be in pain as Eurozone CPI data is published, though dovish undertones from Fed Chairman Jerome Powell may help mitigate or even reverse some of EURUSD’s losses.


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NOK, SEK Forecast: Volatility Eyed on ECB, EU News, US Jobs Data

The Swedish Krona and Norwegian Krone will likely experience higher-than-usual volatility ahead of the ECB rate decision and critical European and US data.


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Crude Oil Prices May Fall as Fed’s Powell Cools Rate Cut Bets

Crude oil prices may fall further after hitting a four-month low as Fed Chair Powell talks down imminent rate cut speculation, souring investors’ mood market-wide.


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AUDUSD Gains As RBA Makes Rate Cut But Offers Measured Statement

The Australian rose initially as domestic interest rates sank to new record lows, probably because its central bank's statement was less dovish than the market.


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RBA Preview: Rate Cutting Cycle to Curb AUDUSD Rate Rebound

The RBA meeting may shake up the near-term outlook for AUDUSD as the central bank is expected to cut the official cash rate (OCR) to a fresh record-low of 1.25%.


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The Dollar and Nasdaq Tumble Should Seriously Concern Traders

Risk aversion has clearly carried over from last week, but more than that, the systemic complications plaguing the Dollar and the financial system in general seem to be causing more overt fissures in the markets.


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ASX 200 Resilience To Trade War Fears Falters, Key Support Looms

The ASX 200 had been quite immune to diminished global risk appetite but it’s now crumbling with other global stock market benchmarks


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AUDUSD Chart Analysis: Aussie Rebound at Resistance, RBA Eyed

An Australian Dollar rebound against its US counterpart as run into key chart resistance ahead of the RBA monetary policy announcement. What now?


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Aussie Price Outlook: Australian Dollar Breakout Vulnerable into RBA

The Aussie breakout is testing initial resistances targets with the RBA on tap tonight – a cut is expected. Here are the levels that matter on the AUD/USD charts.


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GBPJPY, GBPUSD Outlooks Weak as Bearish Momentum Rolls - Brexit Latest

The British Pound remains under pressure as UK PM Theresa May nears her resignation date on June 7.


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ISM Manufacturing Index Falls To Lowest Point Since October 2016

The Institute for Supply Management’s Manufacturing Index recorded one of its lowest headline figures since October of 2016.


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Weekly Trade Levels for US Dollar, Euro, Loonie, Yen, Gold & Oil

Webinar highlighting active trade setups we’re tracking into the weekly / monthly open. Here are the targets & invalidation levels that matter on the technical charts.


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Weekly Technical Forecast: Dow, Dollar and Oil Suffer Varying Degrees of Reversal

A slow turn in a host of benchmark assets this past week hit a flash point Friday with dramatic consequences. The US indices have triggered head-and-shoulders reversal patterns, oil dove beyond midpoint of its December to April rally and the usual safe haven Dollar checked lower. What do the charts say are in store next week?


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