DAX 30 & CAC 40 Charts Stabilizing, Looking Higher

So far, the German and French benchmarks are digesting the recent ramp in a constructive manner, this suggests more strength could soon be in store.


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EUR Price Forecast: EUR/JPY May Resume Bearish Price Action

On June 11 EUR/JPY carved out a lower high hinting to continue its bearish momentum. Here are the chart points need to be kept in focus.


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US Dollar Outlook Less Bullish, CHF Shorts Cut, CAD Longs Boosted - COT Report

USD bullish positioning had been cut by $2.5bln vs. G10 currencies, while CHF sees a short squeeze on increased risk averse sentiment.


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Bitcoin (BTC) Price Surge, Facebook Cryptocurrency Mooted

Bitcoin's recent rally continues apace and is now eyeing $10,000, a level not seen since for over a year. Traders also need to watch out for any announcement from Facebook (FB) concerning its new cryptocurrency.


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Crude Oil Price Action Weak, Has Room to Drop

Oil is failing to garner much buying pressure despite its decline since April, suggesting further weakness ahead towards long-term support levels.


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Gold Price Outlook Positive, Silver Price Continues to Struggle

Gold has slipped back from its recent 14-month high, but the chart remains positive ahead of this Wednesday’s FOMC meeting. Silver’s move above $15 may prove fleeting.


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Weekly Trading Forecast: Fed Hopes Compete with Trade War Fears

A week ago, it seemed that some relief from trade wars would filter through to stimulate further relief rallies. As we move into the new trading week, it is clear that this persistent theme is once again firmly a concern – and reinforced by flagging economic growth. Will Fed support offer enough relief to prevent a sentiment cave in?


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EURUSD May Fall on Draghi Comments - Italy Budget Risks Escalating

EURUSD will be watching tomorrow’s meeting in Portugal where ECB officials – along with BoE Governor Mark Carney – will be discussing whether the Eurozone needs more stimulus.


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Gold Price Chart Hints at Topping Before Key Fed Policy Meeting

Gold price chart positioning hints that a top may be in the works ahead of the upcoming FOMC meeting after last week’s capitulation at 14-month highs.


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Asian Stocks Mixed As Markets Look To Fed, Mull US Retail Sales

US futures markets still see a reduction in interest rates shortly despite some renewed strength in key data metrics. The Dollar rose nevertheless


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USDSGD, USDINR and USDMYR May Rise on Fed Outlook. USDPHP Eyes BSP

The US Dollar may rise as confidence in a dovish Fed deteriorates, boosting USDSGD and USDINR. The Bank of Indonesia will likely guard the Rupiah as USDPHP may rise on a BSP rate cut.


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NOK Eyes Crude Oil Prices, Norges Bank and FOMC Rate Decisions

The Norwegian Krone will likely experience higher-than-usual volatility alongside crude oil prices ahead of rate decisions by the Norges Bank and Fed.


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NZDUSD Chart Analysis: Sellers Threaten 17-Year Trend Support

The New Zealand Dollar is threatening to break a 17-year uptrend after sellers reasserted dominance to end and then erase an upswing from late-May lows.


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EURUSD Sinks Towards 2019 Lows as US Dollar Soars on Retail Sales

EURUSD sunk through support, verifying a prior false upside breakout as the US Dollar soared on local retail sales and industrial production data. NZDUSD at risk to incoming data.


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Weekly Gold Price Forecast: Outlook Tied to Fed Meeting, Interest Rate Forecast

Gold prices have rallied in recent week as Federal Reserve interest rate cut expectations have been aggressively dragged forward. But if the FOMC doesn’t confirm the market consensus that the Fed cut cycle is about to begin, gold prices may have difficult continuing higher in the short-term.


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Weekly Technical Forecast: Dow and EURUSD Reverse, Gold and Oil Extend Runs

Faced with the prospect of forcing key breakouts that could systemically alter the markets bearing, the US indices and EURUSD instead folded to technical pressure. Not all markets have lost traction and conviction. Both gold and oil have extended major bullish and bearish trends, respectively.


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Weekly Trading Forecast: Fed Hopes Compete with Trade War Fears

A week ago, it seemed that some relief from trade wars would filter through to stimulate further relief rallies. As we move into the new trading week, it is clear that this persistent theme is once again firmly a concern – and reinforced by flagging economic growth. Will Fed support offer enough relief to prevent a sentiment cave in?


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US Dollar Weekly Technical Forecast Ahead of FOMC

The Dollar rallied off support last week, but it is still questionable as to whether it can pick up more momentum from here or not; Fed meeting this week.


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S&P 500, FTSE 100 Outlook: Trade War Deadline, Brexit Vote, Fed Powell Testimony in Focus

S&P 500, DAX and FTSE 100 look to Fed, ECB and BoE monetary policy outlook.


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Crude Oil Price Trading Bias Bearish as Chart Resistance Pressured

Crude oil prices may be due for a near-term correction on reversal technical signals, but oil net-long positioning offers a bearish-contrarian bias, opening the door to testing 2018 lows.


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