US Dollar Price Outlook: USD Recovery Play – DXY Trade Levels

The US Dollar is on the counteroffensive after plummeting more than 2.5% off the yearly highs. Here are the levels that matter on the DXY weekly chart.

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Geopolitics of Oil: Why Crude and Conflict Are So Closely Connected

Traders often turn to the oil market when looking for an asset to trade during a major political development, a change in the world economic outlook, a new trade dispute or armed conflict.

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GBP/USD Volatility in Freefall, US Dollar Tests 200DMA - US Market Open

Yesterday saw UK PM Johnson reach a majority for the Withdrawal Agreement Bill, something his predecessor failed to do on three attempts.

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WTI Crude Oil Price Outlook: Bear Flag Runs into Resistance

Oil prices came into October riding an aggressive short-side trend into a key zone of support. Since then, digestion, but that may not remain for long.

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Gold Price Testing Support as Merging Trendlines Hint at a Breakout

Gold is currently stuck between two trends and as they merge a breakout from range becomes increasingly likely.

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Brexit Briefing: GBP Price Eases, October 31 Deadline to be Missed

The GBP/USD price is easing back after a rejection of Boris Johnson’s Brexit timetable means the Halloween deadline for the UK to leave the EU is now almost impossible to meet.

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EUR/USD Price: Resistance Remains Firm Ahead of ECB Meeting, PMIs

EUR/USD is drifting lower ahead of Thursday’s ECB meeting after running into solid resistance at the 200-day moving average.

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British Pound Outlook: GBP Eyes BoE Testimony Amid Brexit Drama

The British Pound may continue to erase its recent gains if Bank of England Governor Mark Carney’s testimony to the House of Lords amplifies Brexit fears and pressure GBP crosses.

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Crude Oil Prices Fade Despite OPEC-Cut Reports, US Stock Build Eyed

Crude oil prices were initially supported by news that traditional producers may consider more production cuts, but the bullish effect of this did not last very long.

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Trump Policies Invite Inflation But Gold Prices May Fall Anyway

Gold prices may fall while the US Dollar gains even as economic policies championed by the Trump administration invite inflation.

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EUR/USD Rate Initiates Lower Highs and Lows Ahead of ECB Meeting

EUR/USD may stage a larger pullback ahead of the European Central Bank (ECB) meeting as the exchange rate carves a fresh series of lower highs and lows.

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GBP/USD and GBP/JPY Contrarian Outlook May Shift on Brexit Delay?

The British Pound may be at risk to losing upside momentum against the US Dollar and Japanese Yen as Brexit limbo fuels a shift in GBP/USD and GBP/JPY contrarian trading outlooks.

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Gold Price Outlook: Bull Flag Emerges amid Failure to Test Monthly-Low

Failure to test the monthly-low ($1459) may bring back the topside targets for the price of gold as a bull-flag formation takes shape.

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US Dollar, JPY May Rise if Q3 Earnings Show Wounds from Trade War

The US Dollar and Japanese Yen may rise if corporate earnings from industrial giants Boeing and Caterpillar show thinning profit margins amid the US-China trade war.

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GBP/USD Rate Sinks as Brexit Limbo Opens the Door to Yen Strength

The British Pound and S&P 500 sunk as Brexit limbo engulfed financial markets, leaving the door open for the anti-risk Japanese Yen to regain lost ground against the AUD and NZD.

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US Dollar Price Volatility Report: GBP/USD in Brexit ‘Limbo’

The US Dollar is attempting to reverse recent downside as the greenback rebounds off confluent support while risk trends begin to show signs of deteriorating as Brexit uncertainty reemerges.

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Dow Jones Forecast: Boeing's Earnings Could Spell Disaster for the Average

After starting the week off strong, earnings season turned to a mixed bag on Tuesday as some companies missed expectations. Now, the Dow Jones awaits earnigns from its largest component.

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Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.

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Aussie Price Outlook: Australian Dollar Surges into Trend Resistance

Aussie surged more-than 3% off the monthly lows with the advance now eyeing confluence downtrend resistance. Here are the levels that matter on the AUD/USD price charts.

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GBP/USD and EUR/GBP in Focus After Second Reading Brexit Vote Passes, Timetable Vote Fails

The British Pound swung wildly after UK Prime Minister Boris Johnson received preliminary approval for his Brexit deal from members of parliament.

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