ASX 200 Looks Consolidative But Record Highs Remain Within Reach

The ASX 200 still looks comfortable close to its record peaks. Momentum appears to be waning a little though and the extent of this bears close watching now


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Gold Prices Struggle Despite Dovish Fed, US Retail Sales Data Due

Gold prices are struggling despite dovish guidance from the Fed. This warns they are vulnerable if soft US retail sales data triggers haven-seeking USD demand.


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Dow Hits Record High on Most Reserved Activity Since December 2017

The Dow has posted yet another record high and yet it still manages to offer up no enthusiasm in the anticipation of its higher probability course. Quiet in its climb seems to draw far more concern than assurance.


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EURSEK Approaching 2-Year Rising Support Channel: Will it Break?

EURSEK appears to be gearing up for another round to retest the 2-year rising support channel after the pair flirted with the lower bound in December 2018.


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S&P 500 Record High and Gold Builds Breakout Pressure Under Growth, Trade Wars

The S&P 500 notched yet another record high to start this new trading week, but the volume and progress on the day did little to alleviate doubts. With growth and trade fears rising, my focus on a true break shifts to gold.


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AUD Steady, RBA Minutes Show Labor Market Still Key Policy Metric

The Australian Dollar market didn’t find much to love or hate in the latest RBA policy meeting account. The jobs market remains crucial to further action.


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AUDUSD Rate to Target May High on Less Dovish RBA Minutes

The Reserve Bank of Australia (RBA) Minutes may fuel the recent rebound in AUDUSD should the central bank tame speculation for another rate cut in 2019.


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Stock Market Outlook: Earnings Season Begins with a Beat

Earnings from Citigroup (C) on Monday morning marked the start of earnings season and beat expectations. As the week progresses, the market is due for a string of heavy hitters which could stoke volatility.


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Oil Price Outlook: Crude Rally Halted at Resistance– WTI Weekly Chart

Oil prices may be at risk after failing to close above a critical resistance zone last week. Here are the levels that matter on the WTI weekly chart.


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New Zealand Dollar Expected to be Most Volatile Currency Amid NZ CPI Report

Short term volatility in NZDUSD jumps amid key NZ CPI report. Money markets currently pricing in additional rate cuts from the RBNZ.


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Litecoin (LTC) Price Falters Alongside BTC, Slips to 2-Month Low

Litecoin (LTC) slipped over the weekend as cryptocurrencies were caught in the crosshairs of President Trump. Elsewhere, Facebook’s Libra coin faces intense regulatory scrutiny.


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Weekly Trade Levels: EUR/USD, AUD/USD, NZD/USD, USD/CAD, Gold & Oil

Webinar highlighting active trade setups we’re tracking into the close of the month. Here are the targets & invalidation levels that matter on the technical charts.


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Copper Price Analysis: Uptrend May Be on Course - 6,088 Remains Key

Last week Copper sellers failed in their third attempt to test the yearly support. Here are the key technical levels the price may be looking to test this week


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Gold Price Consolidation Sets Stage for Rally to Fresh 2019 Highs

Despite rebounds in higher beta assets and higher yielding currencies alike, gold prices have maintained their elevation. Stability in the face of adversity bodes well for the future.


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US Dollar Price Outlook: EUR/USD, USD/CAD Set Up for USD-Weakness

Markets are geared-up for rate cuts out of the Fed later this month but will the Fed deliver? And if so, how much more softening might be in the monetary backdrop?


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GBPUSD Bearish Momentum Resumes, Silver Prices Break Key Level - US Market Open

GBPUSD underperforms ahead of this week’s key UK economic releases, while silver makes a key topside breach as the precious metal extends higher.


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Weekly Technical Forecast: S&P 500 Closes at Record High, Gold Stalls, Dollar Breakouts Fail

We opened this past week to broad rally – for equities, gold and the US Dollar. Yet, by the Friday close, only one of those assets was still under the bulls’ control. Will indices like the Dow and S&P 500 continue to run deeper into record high territory? Can the Dollar and Gold clear their respective ranges given the level of volatility they both sport?


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Weekly Trading Forecast: Dow Versus Gold Bull Trends Amid Trade War, Recession Fears

Risk appetite has found lift this past week, but the real concentration was behind US equities which benefit specifically from heavy speculation around forecasted Fed hikes. Can stretched hopes of rate cuts and stimulus keep this asset class charging – much less pull other markets in its wake – or will a shift in focus to troubled growth and deepening trade wars pull sentiment down?


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EUR/USD: Net-Long Positions Continue to Rise Suggesting Trend may Reverse Shortly

Positioning is less net-long than yesterday but more net-long from last week. The combination of current sentiment and recent changes gives us a further mixed EUR/USD trading bias.


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CAD Longs Increase, AUD Shorts Cut, GBP Outlook Most Bearish - COT Report

Weekly changes in G10 FX positioning sees CAD net longs increase, while the AUD short squeeze puts a near-term floor in the currency. Sterling remains most shorted currency.


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