Thursday, 15 August 2019

Oil Price Technical Analysis: WTI to 55 - Can Sellers Take Control?

Oil prices were back on offer yesterday after a confluent level of resistance came into play. But can sellers continue to push down to big-picture support?


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GBPUSD Outperforming, US Dollar Bounces on Strong Retail Sales - US Market Open

GBPUSD outperforming, however, Brexit risks remain. US Dollar bounces on strong retail sales data, raising likelihood of upgraded GDP trackers.


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FTSE 100 Price Outlook: Test of ’The’ Bull Market T-line May Come Soon

The FTSE's swift decline of recent has brought the index in for a test of the 200-day and a couple other forms of support levels.


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EUR/GBP Price Fading Back Towards Support After Double-Digit Rally

EURGBP is on course to record its first down week in over three months as bulls take a breather and wait for the next entry point.


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S&P 500, US Dollar, Gold, Emerging Market Outlook: What Happens After US Yield Curve Inverts?

The US Treasury 2s10s curve inverts for the first time since 2007. What does this mean for the S&P 500, US Dollar, Gold and Emerging Markets?


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Gold Price Surveys Multi-Year High, Silver Price Bullish Consolidation

Gold remains tilted to the upside and is likely to set a new six-and-a-half high soon as global fundamental woes boost the precious metals allure.


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AUD/USD Technical Analysis: Selloff Stalls at 2019 Floor. Now What?

The Australian Dollar is stalling after the most dramatic selloff in six years brought the battered currency to the early-2019 floor against its US cousin. Where to from here?


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Wednesday, 14 August 2019

US Dollar May Rise if US Data Exacerbates Recession Fears

The US Dollar could extend gains against its major counterparts if US data misses estimates and exacerbates fears of an incoming recession.


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US Dollar May Rise vs NOK if Norges Bank Trims Hawkish Outlook

The US Dollar may rise vs the Norwegian Krone if the Norges Bank scales back its hawkish outlook against the backdrop of slower regional and global growth.


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Japanese Yen Bulls Still Appear In Control As USDJPY Wilts Again

The Japanese Yen took a hit against the US Dollar this week as US-China trade news seemed to improve. Dollar gains have already been eroded though


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US Dollar Uptrend on SGD, PHP, MYR, INR at Risk to Fading Momentum?

US Dollar gains versus the Singapore Dollar, Philippine Peso, Malaysian Ringgit and Indian Rupee are at risk to fading momentum, negative RSI divergence clouds the technical outlook.


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Crude Oil Prices May Fall as US Data Feeds Growth Slump Fears

Crude oil prices may continue to fall alongside stocks if soggy US retail sales and other data continues to feed fears about a looming slump in economic growth.


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Dow Forecast Links to Recession Fears Bubbling in Bonds and Yield Curve

The US yield curve was this past session’s top theme amongst traders which is troubling given the implications it carries for fears of a recession and association to the biggest drop in the Dow in eight months.


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Australian Dollar Gains Sharply As Job Creation Smashes Forecasts

The Austrailan Dollar spiked upward Thursday as overall new job gains were revealed to have been 41,000 in July, well ahead of the 14,000 markets had expected.


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EURUSD Rebound Unravels as Fed Tames Bets for Rate Easing Cycle

EURUSD may continue to consolidate over the coming days as the Federal Open Market Committee (FOMC) tames speculation for a rate easing cycle.


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US Dollar Price Outlook: DXY Threatens Larger Recovery– Trade Targets

A rebound in the US Dollar has price testing a near-term resistance pivot and we’re looking for a reaction here. These are the levels that matter on the DXY charts.


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Jim Rogers on US Economic Crisis, Gold & Bitcoin | Podcast

Could we be facing the biggest recession for decades? Hear the views of investment supremo Jim Rogers on our podcast.


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The Bank of Japan: A Forex Trader’s Guide

How does the Bank of Japan's monetary policy impact the decisions of forex traders? Read on to find out.


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US Recession Watch, August 2019 - Dark Clouds Gather Over US Economy

There is a 32% chance of a recession hitting the United States within the next 12-months – but that’s before factoring in the US-China trade war flaring again.


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Why Does the US Yield Curve Inversion Matter?

More volatlity in global financial markets has traders looking for a culprit. The bond market may be guilty.


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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...