US Dollar Sell-Off Pauses at Key Support - Can Bears Break Through?

The US Dollar put in a big move around FOMC this week but, as yet, hasn't broken through key support. The Q3 open is now just around-the-corner.


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Forex and Gold Price Charts to Watch Next Week

Next week we could see the Dollar break a big level, while gold has already broken a big level, but is it sustainable?


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USDCAD and EURGBP Technical Set-ups, Both Looking Weaker Ahead

USDCAD has an interesting longer-term outlook which could lead to short-term set-ups, while EURGBP could be on its way lower next week.


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Crude Oil Price - Trump Fuelled Rally Running into Resistance

Crude oil keeps pumping higher after news that US President Trump authorized strikes against a number of targets in Iran before pulling the order, in retaliation for the downing of a US drone.


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Bitcoin (BTC) Rally Continues; Consolidation Needed Before Next Push

Bitcoin continues to probe USD10,000 with little technical resistance ahead to stem the move. A period of consolidation may be needed before BTC re-tests the March 2018 swing-high.


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US Dollar Price on the Brink of Support Break: DXY, Euro Charts

The USD index is flirting with a break of significant support, can it hang on as it did recently or will we see a sizable slide commence as soon as next week?


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US Dollar Outlook: USD/CHF Price Action Controlled by Sellers for Now

Since the start of this week USD/CHF has lost nearly 2.6% of its value. Here is the price to consider for a possible continuation of the bearish momentum.


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EURUSD Fails to Push Higher As Eurozone PMIs Are Mixed

EURUSD and EURGBP both experience a small boost on the release of German PMIs but quickly correct as Eurozone PMIs are mixed. The Eurozone continues to experience heightened risk.


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S&P 500 Outlook: Fed Easing Cycles Bode Well for S&P 500 in Short Run

Federal Reserve confirm its U-Turn in monetary policy having provided an easing bias in an attempt to sustain the expansion, taking S&P 500 to record highs. Focus on G20 Summit.


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Trading with the Bearish Engulfing Candle

The bearish engulfing pattern is an effective way to spot reversals to the downside. Find out how to trade using this candlestick pattern


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AUDUSD Chart Analysis: Downtrend Expected to Resume After Bounce

The Australian Dollar has managed a tepid recovery against its US counterpart, but technical positioning continues to argue for a firmly bearish trend bias.


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EURUSD Eyeing US, EU PMI Data - European Turmoil in Focus

EURUSD may find itself oscillating between US and European PMI data against the backdrop of increasing turmoil in European politics.


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US-Iran Tensions Hold APAC Stocks Down. Gold, Yen Make Gains

Asian investors were keeping a close watch on the Middle East as the trading week bows out. This deflated the risk appetite formerly stoked by Federal Reserve dovishness.


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Crude Oil Prices Finding Support From Escalating Tensions in Iran

Political risks in the Gulf may be a tailwind for crude oil prices as tensions between Iran, its neighbors and the US continue to escalate.


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S&P 500 Record High Less Convincing Against Gold’s Surge, Yields Plunge

With the biggest bullish gap on an open since the beginning of the year, the S&P 500 moved to a record high. Have we made the transition to full-tilt bull market now or do key discrepancies speak to a temporary mania?


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Euro May Top Versus Pound Sterling, EURGBP Chart Support Taken Out

The Euro may be topping against the British Pound, EURGBP rising support was taken out on the daily chart. The weekly chart shows indecision. Will net-short positioning unwind ahead?


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Gold Prices Surge to 6-Year High But Gains May Be Fleeting

Gold prices surged to a six-year high amid swelling Fed interest rate cut speculation, but the move’s underlying forces may bring about its own undoing.


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Japanese Yen Bulls Could Face Big Trouble If Risk Appetite Holds

A Fed-inspired revival in risk appetite has yet to dissuade Yen bulls. That state of affairs seems unlikely to last. Long-term charts suggest they might soon face a stern test.


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USDNOK Plunges, Breaks 15-Month Support on Hawkish Norges Bank

USDNOK fell over one percent after the Norges Bank chose to raise its benchmark interest rate and provided a hawkish outlook for monetary policy.


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Oil Price Forecast: Bearish Momentum Abates Ahead of G20 Summit

Crude oil prices look poised for a larger recovery ahead of the Group of 20 (G20) Summit as the bearish momentum abates.


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