Thursday, 18 July 2019

Gold Price Chart: XAU/USD Approaching Range Highs– Battle Lines Drawn

Gold prices are approaching the upper bounds of a multi-month consolidation pattern. Here are the levels that matter on the XAU/USD charts into the close of the week.


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VIX: Volatility Breakout Threatens Risk Assets

The VIX Index could be breaking out to the upside after topping technical resistance amid resurfacing market uncertainties, which poses a major threat to risk assets like stocks and oil.


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Johnson vs Hunt: Leadership Rivals Differ on More Than Just Brexit

Find out how Conservative leadership rivals Boris Johnson and Jeremy Hunt differ regarding Brexit, public spending and taxes.


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Sterling Price Chart: British Pound Testing Post-Brexit Support

Sterling is testing a critical support confluence just below the January lows - the battle lines are drawn. Here are the levels that matter on the GBP/USD weekly chart.


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USD Outlook & Impending Fed Rate Cuts | Mark Meadows | Podcast

Tune in for discussion on impending Fed cuts, the USD outlook, and the interplay between fundamental and technical analysis.


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EUR/USD Price Outlook: Support Grind at 1212 Ahead of ECB, FOMC

Rate decisions take place out of both Europe and the US in the next two weeks, with each carrying the expectation for dovish policy from the respective Central Bank.


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MPs Vote to Block Attempt of No-Deal Brexit, GBPUSD Recovers - US Market Open

A much needed bid for the Pound has seen the currency outperform across the G10 complex. MPs have back ammendment to prevent the next PM to force a no-deal Brexit through suspending parliament.


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Crude Oil Bounces From July Lows - Can Buyers Take Control?

Crude oil sellers have come back into play this week to push prices down to July support. But a bounce has since developed to push prices back to prior support.


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US Dollar Chart Looks Geared Up for Higher Prices

The USD index price action contraction is set to lead to a move soon; there are factors to watch which help determine direction.


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EURUSD Nearing a Break as Price Coils Tighter Ahead of CB Meetings

EURUSD is currently constrained by a series of lower highs and higher lows ahead of two important central meetings in the next two weeks. A break out is looking increasingly likely.


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Bitcoin (BTC) Sell-Off Doesn’t Change the Long-Term Picture Yet

Bitcoin’s sharp sell-off at the start of the week saw the coin near $9,000 for the first time in a month. However, if current support levels continue to hold, a rebound may be on the cards.


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DAX 30 & CAC 40 Charts: Pulling Back or Rolling Over?

The German and French markets have weakened so far this month, with some support not far below to put to test whether this is a healthy correction or the beginning of something more pervasive.


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GBP Regains Strength, Retail Sales Manage to Recover

Retail sales have managed to grow in the month of June amid fears of a slowing industry. The positive reading adds to relief from investors about the likelihood of a softer Brexit.


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Pound Sterling Outlook: GBP/JPY Price Printing New Multi-Month Low

At the Start of this week bearish momentum continued after nearly one month of sideways move. Here are the key levels GBP/JPY sellers may need to consider to lead the price to test its yearly support


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Gold Prices Remain Bullish, Silver Prices Continues to Outperform Gold

Gold prices rose as risk appetite deteriorated, however, resistance prevented breakout. Silver prices on course for best week in 3 years as ETF buying sparks outperformance over gold.


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Gold Prices Stuck in Range Amid Market Slump as USD Holds Up

Gold prices area struggling to break from a choppy range despite market turmoil as the US Dollar remains broadly resilient, capping scope for anti-fiat asset gains.


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Wednesday, 17 July 2019

GBPUSD Downtrend May Be Amplified by BoE Credit Assessment, Brexit

GBPUSD may find its level of suffering extended into a critical support channel if the BoE credit risk assessment amplifies the level of uncertainty against the backdrop of Brexit.


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Nikkei 225 Fall Breaks Range, Puts Focus On Retracement Support

The Nikkei 225 has slipped with other regional markets as trade worries weigh again. Technically things don’t look too bad for the bulls yet, but important support is coming up.


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S&P 500 Retreat May Accelerate on NFLX, IMF Gives Trump Dollar Ammo

US earnings may once again take the tiller for global sentiment, but this time around it is hitting both systemic fears and general risk appetite. Meanwhile, trade war warnings are accompanied by views of an overbought Dollar?


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AUD Gains Despite Headline Jobs Miss, Full-Time Employment Up Sharply

Headline Australian job creation missed forecasts in June but the Australian Dollar gained nonetheless as the detail of the monthly report looked much better.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...