NZD/USD Rate Vulnerable to Textbook RSI Sell Signal

The Relative Strength Index (RSI) may offer a textbook sell signal for NZD/USD as the oscillator appears to be on track to push below 70.

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ASX 200 Rally in Jeopardy as OECD Suggests Fiscal Stimulus Extension?

The ASX 200 fails to breach key Fibonacci resistance as the OECD suggests an extension of the current fiscal stimulus programss to continue to support the local economy.

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Euro Could Trim Gains on Political Friction Over EU Aid Package

The Euro has enjoyed a ride to multi-week highs vs the US Dollar, though political friction – a familiar ghost that has haunted the currency before – may trim EUR/USD’s gains.

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Gold Price Levels to Watch Following FOMC Rate Decision

The price of gold may continue to exhibit a bullish behavior in June as the pullback from the yearly high ($1765) reverses ahead of the May low ($1670).

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USD Hammered by FOMC. Has AUD/USD Topped? Stocks May Rise in Asia

The USD took a hit after the FOMC rate decision, and stock markets were not impressed. AUD/USD may be showing signs of topping, and Asia-Pacific equities may be at risk of declining.

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Dow Jones, Nasdaq 100, S&P 500 Forecasts Following June Fed Meeting

Jerome Powell’s post-FOMC remarks offered markets another dose of courage as the chairman revealed the Fed will likely remain accommodative for the foreseeable future. What does this mean for stocks?

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US Dollar Price Outlook: USD Dip on FOMC, EUR/USD Near Key Resistance

Today brought the first batch of FOMC projections since the coronavirus and corresponding market turmoil. The Fed is looking at low rates for a long time.

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Dow Jones Index, Treasury Yields, Gold Jumps on FOMC Announcement

The Federal Open Market Committee maintained the Federal Funds Rate at 0%-0.25% Wednesday afternoon sending the Dow Jones index, Gold, and Treasury Yields higher

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FTSE 100 Forecast: Gap Fill Leads to Quick Reversal, Is There Conviction?

The FTSE 100 recently filled a topside price gap, but quickly reversed lower. Will this move be met with conviction or can the Fed buoy market sentiment yet again?

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S&P 500, Nasdaq 100, Oil & More: Index & Commodity Charts

The stock market continues to be strong but nearing a big spot, so is oil with the March gap and multi-year resistance levels approaching.

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FOMC Meeting in Focus: Risks of EUR/USD Breakout With King Dollar Dethroned?

Fed looking to maintain positive mood music. Option signals suggest topside risks for EUR/USD.

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Crude Oil Prices May Fall with Stocks, Gold on Measured Fed Stance

Crude oil prices may fall alongside stocks and other cyclically-minded assets as well as gold if the Fed signals it is in no hurry to expand its stimulus menu.

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US Dollar vs Mexican Peso: USD/MXN Gears Up for Next Move as FOMC Meeting Looms

USD/MXN has made a short-term bottom after a multi-week sell-off and now waits for the latest FOMC rate decision and Fed chair Jerome Powell’s press conference.

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British Pound (GBP) Latest: GBP/USD Continues to Test Upside pre-FOMC

Sterling traders, like traders in other currencies, are waiting for the latest monetary decisions by the Federal Reserve but GBP/USD is continuing to challenge resistance ahead of the Fed’s announc...

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USD/JPY Clears Support, Nasdaq Breaks 10k as Markets Eye FOMC

The US Dollar is slicing through trend support against the Japanese Yen as the Nasdaq continues its push to record highs ahead of the FOMC monetary policy announcement.

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EUR/USD Outlook: March High on Radar as RSI Sits in Overbought Zone

EUR/USD may attempt to test the March high (1.1495) as the Relative Strength Index (RSI) sits in overbought territory.

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NZD/USD, NZD/JPY Rally At Risk Despite Easing Restrictions

The recent surge in the New Zealand Dollar may be at risk, as it fails to breach familiar resistance ahead of Wednesday’s FOMC meeting

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Bitcoin Price Chart: Will BTC/USD Fall With S&P 500 Index?

Bitcoin and the S&P 500 could both be at risk of capitulating ahead of possible retests of their respective uptrends. How might a pullback in the equity index impact BTC?

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USD/CAD Rate Forecast: RSI on Cusp of Offering Textbook Buy Signal

The Relative Strength Index (RSI) may offer a textbook buy signal for USD/CAD as the oscillator appears to be bouncing back from oversold territory.

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AUD/USD at a Turning Point Ahead of China CPI. APAC Stocks at Risk?

The cycle-sensitive Australian Dollar may turn lower with Asia-Pacific stock markets after Wall Street trade ended the day on a less-than optimistic note. China CPI data may exacerbate selloff.

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