Oil Price Weakness to Persist Amid Signs of Slowing Consumption

Oil prices stand at risk of exhibiting a more bearish behavior over the days ahead as fresh updates coming out of the US indicate slowing consumption.


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Canadian Dollar Price Chart: Loonie Drives USD/CAD to Weekly Support

Loonie is up more than 4% against the US Dollar from since May with price now testing a critical pivot zone. Here are the levels that matter on the USD/CAD weekly chart.


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Gold Price Breaks Out - Can Gold Bulls Push to Fresh Six-Year-Highs?

Gold prices have broken out and a Fed rate cut looks very likely in two weeks; but can Gold bulls continue to push without the bank signaling more rate cuts?


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Trading the Inverted Hammer Candle

The Inverted Hammer Candle is a useful way for traders to spot reversals in the market. Learn more in this comprehensive guide


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Crude Oil Price Triangle Breakdown Could Give Pause to USD/CAD

The Canadian Dollar has been able to take advantage of the weak US Dollar, strong crude oil price environment over the past six weeks. Will it continue?


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Turkish Lira Price Forecast: USD/TRY Eying a Test of the Weekly Low

Last week USD/TRY corrected higher then started a sideways move. Here are the key chart points traders may need to consider to move in a clear direction


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Aussie Weekly Price Chart: Australian Dollar Testing Key Resistance

Aussie is testing a critical confluence resistance pivot against the Dollar for the fourth consecutive week. Here are the levels that matter on the AUD/USD weekly chart.


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Crude Oil Prices Rebound as Iran Rejects US Claims - US Market Open

Crude oil prices bounce back from yesterday’s aggressive sell-off. GBP briefly dips below 1.24, while revisions higher in Eurozone inflation is unlikely to alter ECB policy outlook.


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US Dollar Price Outlook in EUR/USD, GBP/USD and USD/CAD

The US Dollar has clawed back losses from last week's Powell-fueled sell-off. Expectations are high for dovish policy, but how many cuts might the Fed have in store?


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No Mercy For GBP- Manufacturing Inflation at 33 Month Lows Adds to Brexit Woes

UK consumer inflation picked up in June, but ongoing trade war concerns are weighing on the manufacturing industry as output price growth is at its lowest in 33 years.


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Canadian Dollar Technical Analysis Overview: USDCAD, CADJPY Levels to Watch

USDCAD, CADJPY key levels to watch. USDCAD upside limited as pair heads lower. CADJPY consolidation continues, focus on potential breakout.


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USD/CHF, EUR/CHF Price Outlook: Euro and US Dollar Rebound against Swiss Franc

EUR/CHF and USD/CHF may start to recover last week losses. Here are the key levels buyers may need to consider to lead the price.


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Gold Price Wedge Suggests Higher Soon, Silver Gunning for Breakout

Gold is consolidating well so far after its macro breakout last month; this week silver is working on breaking out of its own macro pattern.


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No Mercy For GBP, Manufacturing Inflation at 33 Year Lows Adds to Brexit Woes

UK consumer inflation picked up in June, but ongoing trade war concerns are weighing on the manufacturing industry as output price growth is at its lowest in 33 years.


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Crude Oil Price - Sell-Off May Extend if Support Levels Fold

Crude oil took a dive Tuesday after the US-Iran stand-off took a slight turn for the better, while the US-China relationship took a slight turn for the worse.


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AUDUSD Technical Analysis: Double Top Forming Below 0.7050?

The Australian Dollar may be ready to turn lower against its US counterpart in earnest as technical positioning hints that a double top is taking shape below 0.7050.


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EURUSD May Extend Decline if Eurozone CPI Misses Estimates

EURUSD may extend Monday’s decline and re-enter a critical resistance-turned support channel if Eurozone CPI data misses estimates and fuels rate cut bets.


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US-China Trade War Sees Bellwether Singapore’s Exports Plunge

There wasn’t a lot of cheer around for Asian stock investors with trade worries back to the fore. Australian shares had the best of it.


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Crude Oil Price Drop Breaks Key Support, Hints at Trend Reversal

Crude oil prices broke support guiding them higher since mid-June, hinting that a bearish trend reversal is in progress. EIA inventories data may add to selling pressure.


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USDCAD Rate Extends Rebound from 2019 Low Ahead of Canada CPI

USDCAD may stage a larger rebound from the 2019-low (1.3018) as the exchange rate carves a fresh series of higher highs and lows.


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