Saturday, 7 September 2019

Crude Oil Price Forecast: A Tighter Range that May Not Hold for Long

Crude oil prices remain caught in a range with a confluent zone of resistance overhead. Are bears nearing another break?


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S&P 500 & DAX Technical Forecast

S&P 500 bulls take control with the index making a topside breakout, while DAX pushes higher ahead of next week’s ECB meeting.


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Weekly AUDUSD Technical Outlook: Be Wary of the Bounce

Aussie is bouncing hard off multi-year lows, but it may not be trustworthy as the longer-term trend continues to remain firmly down.


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Friday, 6 September 2019

S&P 500 & DAX Technical Forecast

S&P 500 bulls take control with the index making a topside breakout, while DAX pushes higher ahead of next week’s ECB meeting.


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Oil Prices Hold August Range Ahead of World Energy Council Congress

Developments coming out of the World Energy Council may influence crude prices as OPEC and its allies remain committed in balancing the energy market.


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Dollar, S&P 500 and Pound Forge Difficult Trends, ECB a Global Event

Key fundamentals themes in trade wars and recession fears have ebbed, allowing for the Dollar to flag and S&P 500 make another reach towards record highs. Will a key ECB decision revitalize a separate theme?


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Rate Cut Odds Drop for BOC, RBA, and RBNZ amid US-China Trade War Truce - Central Bank Weekly

As the world’s two largest economies move to resolve their trade dispute, expectations for more easing from the G10 currencies’ central banks have receded.


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US Dollar Price Volatility Report: EUR/USD Eyes ECB Next Week

US Dollar currency volatility remains elevated ahead of central bank interest rate decisions and high-impact economic data releases on deck for next week.


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Crude Oil Price Stability Gives Room for USD/CAD Selloff - Can it Last?

The Canadian Dollar has been able to take advantage of a weak US Dollar, thanks in part to crude oil prices warding off bearish breakout attempts.


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Gold Price Targets: XAU Struggles at Critical Resistance- GLD at Risk

Gold prices have failed to breach a key resistance zone for the fourth consecutive week- bulls on notice. Here are the levels that matter on the XAU/USD weekly chart.


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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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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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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...