EURUSD Slides to Two-Year Low, Oversold Signal Flashing

EURUSD is trading at lows last seen over two years after breaking noted support at 1.1107. While the outlook remains weak for the pair, the market is flashing a short-term oversold signal.


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Sterling (GBP) Expected to be the Most Volatile Currency Amid Bank of England Risk

All eyes on BoE for GBP traders as they provide their latest forecasts. BoE to remain cautious amid rising risks of a no-deal Brexit.


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BoE Preview: GBPUSD Rate Vulnerable to Dovish Forward Guidance

The Bank of England (BoE) interest rate decision may shake up the near-term outlook for GBPUSD if the central bank alter the forward guidance for monetary policy.


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GBPUSD Likely to Extend Decline After BoE Amid Rising Brexit Risk

US Dollar strength may continue to pressure GBPUSD as Brexit risks mount and an anxious BoE prepares to announce its rate decision and outlook for the UK.


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Crude Oil and Gold Prices May Fall Further on BOE Rate Decision

Gold prices may fall – making good on technical clues pointing to topping – as the Federal Reserve shies away from endorsing the markets’ ultra-dovish policy outlook.


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USD/MYR Downtrend at Risk as USD/SGD, USD/PHP and USD/INR Follow

The Malaysian Ringgit is at risk to the US Dollar after USD/MYR cleared resistance. The USD/SGD may accelerate its uptrend as the USD/INR and USD/PHP climb towards resistance.


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Brazil Central Bank Slashes Selic Rate 50bp, Signals Future Cuts

The Brazilian central bank surprised investors after it slashed the benchmark Selic rate by 50 basis points and signaled future rate cuts amid growth concerns and pension reforms.


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USDNOK, USDSEK Technical Analysis Post-FOMC Rate Decision

USDNOK and USDSEK spiked after the Fed surprised less dovish and now both pairs are on track to resume their prior uptrends.


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Fed’s Powell Shakes the Dow and Dollar as Markets Confused on Next Steps

Fed rate decision often leave the markets a little shell-shocked on what the future holds, thanks largely to heavy speculation. After the central bank’s cut this past session, the responsibility rests solely with the Fed.


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EURUSD Searches for Support as Fed Tames Bets for Rate Easing Cycle

EURUSD searches for support ahead of the US Non-Farm Payrolls (NFP) report as the Federal Reserve tames speculation for a rate easing cycle.


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Double Bottom Pattern: A Trader’s Guide

Double bottom chart patterns are very popular among traders. Learn how to spot double bottoms and how to use them.


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USD/TRY Price Outlook: Turkish Lira Probs Multi-Months High –What is Next?

On Friday USD/TRY started a fresh downtrend move and today, the pair tests its lowest level in near three months. Here are the levels sellers need to consider to keep pressing the price lower.


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Japanese Yen Price Chart: USD/JPY Breakout Trade Levels for FOMC

An outside-day reversal off resistance leaves the immediate focus on a breakout of the recent price range. Here are the levels that matter on the USD/JPY charts.


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Crude Oil Prices Buoyed by Declining Crude Inventories - US Market Open

Crude oil futures are notably firmer this morning with Brent crude up over 1% following yesterday’s API crude oil inventory data. GBPUSD recovers as markets take profits.


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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, USD/CHF

The US Dollar has held lower-high resistance ahead of the FOMC's widely-expected rate cut. But what's in store for the rest of 2019?


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Dow Jones, DAX & Gold Price Technical Analysis on Fed Day

Heading into today’s FOMC meeting the Dow is up against resistance, DAX down on support, while gold could make or break a recent price pattern.


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EUR/USD: Traders Remain Net-Long Suggesting Prices May Fall

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bearish contrarian trading bias.


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GBP/USD: Retail Data shows 76.8% of Traders are Net-Long

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 GBP/USD trading bias.


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FTSE 100 Technical Outlook – Monday Rally Coming Under Fire

The FTSE shot out of a bull-flag the other day, with a little more strength will be put to the test at resistance levels created last year.


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Canadian Dollar Outlook: USDCAD Eyes GDP Data and FOMC Decision

The latest look at Canadian GDP data is expected to show growth slowed in May to just 0.1% (m/m) from 0.3% in April.


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