US Recession Watch, September 2019 - Growth Weak Even as US Treasury Yield Curve Steepens

There is a 38% chance of a recession hitting the United States within the next 12-months, according to the NY Fed Recession Probability Indicator.


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Bollinger Bands® and MACD Strategy

The Bollinger Band® and MACD strategy allows traders to assess trend-momentum and volatility, to better trade breakouts or trends.


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Silver Price Rally Hits Wall - Key Levels for Reversal in XAG/USD

With the US-China trade war back in détente, US Treasury yields have jumped sharply, reducing the safe haven appeal of precious metals.


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US Dollar Drops After NFP: EUR/USD, USD/CHF, USD/CAD, GBP/USD

US data continues to drive FX flows but, next week, innuendo is back in the cards as the ECB rate decision on Thursday leads into the FOMC meeting the week after.


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Bitcoin (BTC) Weekly Outlook: Will BTC/USD Price Test Monthly High?

Last week Bitcoin sellers led the price to over four weeks low. However, the story this week looks different. BTC/USD could trade towards these levels in the coming few days


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US Dollar Outlook Weakens as August US NFP Misses Expectations

The US Dollar is weaker after the August US jobs report showed topline growth at 130K with the unemployment rate steady at 3.7%.


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EURUSD, EURAUD, Crude Oil & More: Charts for Next Week

There are a few key technical developments that appear worthy of attention as one week concludes and another arrives.


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EURUSD Price Struggles to Move as US Labor Report (NFP) Looms

EURUSD is trading either side of 1.1035 and will remain rangebound until the latest US NFP report is released. And volatility is likely to heighten over the next two weeks with a pair of major central bank rate announcements due.


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Canadian Dollar Tech Outlook: USD/CAD Price -What is Below The Monthly Low?

This week USD/CAD rallied to its highest levels in over six weeks however, sellers turned the tables sending the price towards significant market’s levels. Here is how likely USDCAD could perform in the coming few days.


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FTSE 100 Price Outlook: Showing Some Signs of Life, but Can it Last?

The FTSE is showing some signs of life; however, it is still relatively weak and the rally is at risk of rolling over more easily than other global indices.


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Gold Price, Silver Price Shakeout Has Not Changed Fundamental Background

Gold and silver gave back a chunk of their recent gains Thursday as markets turned risk-on on US-China trade talk headlines/ADP numbers. Today’s US Labor report (NFP) will be of more immediate interest, especially ahead of the September 18 FOMC meeting.


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GBP/USD, EUR/USD Expected to be the Most Volatile Currencies Next Week

Once again, the Pound is expected to be the most volatile currency next week as the turbulent nature of UK politics continues to take focus. EUR/USD eyes ECB risk event.


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NZD/USD Technical Analysis: Trend Still Points Down After Rebound

The New Zealand Dollar price trend still looks bearish despite the currency’s spirited recovery against its US counterpart, with long-term weakness flagged ahead.


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Euro May Rise vs US Dollar if Jobs Data Boosts Fed Rate Cut Bets

The Euro may rise against the US Dollar if US nonfarm payrolls data undershoots expectations and boosts the case for more accommodative Fed monetary policy.


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Asian Stocks Rise Again As Trade Hopes Stick, China Telcos Lead

There was yet more green on the screens in Asia Friday as investors remained hopeful of US-China trade progress when the two sides meet next month.


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Gold, Crude Oil Prices at Risk if US Jobs Data Cools Rate Cut Bets

Gold and crude oil prices may be pressured if upbeat US employment figures cool Fed interest rate cut prospects, souring sentiment across markets pining for stimulus.


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S&P 500 Breakout and GBPUSD Rally That Should Draw Your Scrutiny

With some questionable motivation through trade war developments, the S&P 500 has put in for a provocative break before Friday NFPs. Meanwhile, temptation of a GBPUSD reversal builds, but remember Brexit.


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EUR/GBP Downtrend May Reverse if No-Deal Brexit Risks Spike

EUR/GBP’s downtrend may reverse next week if no-deal Brexit risks spike and prompt a selloff in the British Pound. However, the sporadic nature of the UK-EU divorce could shatter the technical set up.


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AUDUSD Breakout Brings Former Support Zone on Radar

AUDUSD looks poised to test the former support zone around 0.6850 to 0.6880 as the exchange rate extends the series of higher highs and lows from earlier this week.


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US Recession Watch, September 2019 - Growth Weak Even as US Treasury Yield Curve Steepens

There is a 38% chance of a recession hitting the United States within the next 12-months, according to the NY Fed Recession Probability Indicator.


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