US Dollar Price Outlook Ahead of the Fed: Bulls Drive, Key Resistance

The US Dollar has had a strong month of July after a sell-off that lasted for most of last month. Expectations around the FOMC have been at the core of these moves.


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Dollar Hits Resistance: EURUSD, GBPUSD & Gold Price Charts

The Dollar is trading at resistance, Euro at support, cable below major trend-line, while gold tries to hold its ground near point of a pattern breakout.


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GBPUSD, EURGBP - Sterling Slumps as No-Deal Brexit Fears Intensify

GBPUSD and EURGBP made the headlines Monday hitting levels last seen around two years ago as traders used negative Brexit headlines to hammer Sterling lower.


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FTSE 100 Analysis: Default Safe-Haven on No-Deal Brexit Risk as Sterling (GBP) Collapses

No-deal Brexit risks see investors rotate out of domestic UK assets (GBP) and into more internationally exposed assets, such as the FTSE 100, showing signs of being the default safe-haven trade.


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British Pound Price: Brexit Send GBP/JPY to 32- Months Low – More to Go?

Since yesterday GBP/JPY has incurred near 1.6% loss, as UK governments sources hinted that hard Brexit may be the more likely outcome. Here are the key chart points that may slow down the selloff.


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DAX 30 & CAC 40 Charts: Eyeing Support Test on Further Weakness

The German and French stock markets are weakening a bit here, looking towards key areas of support with more selling.


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EURUSD Eyeing 1.1150 Ahead of German and US Inflation Figures

Eurozone confidence worsened in July as continued global uncertainties weigh heavily on investor sentiment. EURUSD volatile ahead of key inflation data to be released later today.


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Crude Oil Prices Cast Hopeful Eye on US-China Trade Talks

Crude oil prices may edge up as hopeful soundbites from renewed US-China trade negotiations getting underway in Shanghai offer a brief boost to risk appetite.


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Currency Volatility: EUR/USD Potentially Under-pricing Risk of Fed and NFP

EURUSD volatility drops after ECB meeting. However, with eyes on the Federal Reserve and US Non-Farm Payrolls, the Euro could be under-pricing key risks.


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Gold Price Outlook: Support Holds, FOMC-Fuelled Breakout Looms

The daily gold price chart shows the recent uptrend support line holding firm while resistance now looks increasingly vulnerable. Will the FOMC break the impasse?


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Euro Eyes Eurozone Confidance Data After ECB’s Chilling Message

The Euro may fall against its major counterparts if Eurozone economic confidence data undershoots forecasts and fuels ECB rate cut bets after last week’s meeting.


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GBPUSD Retail Position Remains Stretched, RSI Dips into Oversold Zone

Current market conditions may produce a further decline in GBPUSD as retail position remains stretched, while the RSI pushes into oversold territory.


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USD/JPY Chart Resistance Still in Focus After BoJ as Yen Eyes Fed

The USD/JPY held under key resistance as the Bank of Japan left rates unchanged. The Yen faces conflicting technical and IG Client Sentiment signals ahead of US-China trade talks and the Fed.


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SEK, NOK Brace for Turbulence Ahead of FOMC and Sweden GDP

The Swedish Krona and Norwegian Krone will likely experience unusually high volatility with Swedish GDP, the FOMC rate decision and other high-event risk in the week ahead.


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Fed Anticipation Extend’s Longest Dollar Run in Year, Pound Tumbles on Brexit Warning

There is an unease that is easy to spot in the global markets. Risk trends are hampered by anticipation of the Fed decision on Wednesday, but there is clear expectation for the outcome, which itself may spark a necessary response.


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Gold Price Forecast: Topside Targets on Radar Ahead of FOMC Meeting

The looming shift in US monetary policy may prop up gold prices as the Federal Reserve is widely expected to deliver a rate cut on July 31.


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AUDUSD Technical Analysis: Sellers Aim at Three-Year Support

The Australian Dollar looks poised to challenge three-year support above the 0.68 figure against its US counterpart after breaking the bounds of a six-week uptrend.


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EURUSD Looks Lower as Silver & Gold Prices Consolidate Near Highs

EURUSD fell to new lows last week while silver and gold consolidated near their highs. These trends appear incomplete according to Elliott Wave Theory.


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EUR/USD Price Action Eyes Inflation Data Ahead of Fed

Spot EURUSD currency traders shift focus to Tuesday's release of Eurozone and US inflation numbers in addition to US Consumer Confidence.


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US Dollar Price Outlook: DXY Breakout vs Fed Rate-Cut – Trade Levels

The US Dollar is approaching resistance at the yearly highs with major event risk on tap. Here are the levels that matter on the DXY weekly chart into the close of July.


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