British Pound (GBP) Latest: GBP/USD Facing New Test at 1.25

GBP/USD has broken convincingly to the upside from a downward-sloping channel on the daily chart but now faces near-term resistance at the 1.25 level.

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DAX 30, EUR/USD Poised to Rise with US Jobs Data in View

EUR/USD may rise alongside Germany's DAX 30 stock market index as the spotlight turns to June's US non-farm payrolls data.

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Gold Prices at Risk if US Jobs Data Cools Fed Stimulus Prospects

Gold prices may extend lower after recoiling from the $1800/oz figure if June’s US jobs report bolsters the sense that the Fed is in no hurry to boost stimulus.

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EUR/USD RSI Retains Bullish Trend Ahead of US Employment Report

A bull flag formation remains on the radar for EUR/USD as the Relative Strength Index (RSI) continues to track the bullish trend from earlier this year.

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Core-Perimeter Trading Model: US, Eurozone & China

The Core-Perimeter framework allows traders to understand the macro-fundamental interactions between powerhouse economies and their perimeter counterparts, offering valuable insight on how to trade...

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AUD/NZD May Turn Lower as Dairy Prices Boost NZ Dollar

AUD/NZD has carved out a bearish Head and Shoulder chart pattern at key resistance as a surge in global dairy prices fuels the agriculture-driven New Zealand Dollar.

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S&P 500 Climbs on Strong ISM PMI, China A50 Soars after PBoC Rate Cuts

The S&P 500 index climbed for a third straight day but may struggle to gain momentum ahead of non-farm payrolls data and a market holiday. China A50 index soared after rate cuts.

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USD/CAD Rate Reversal from March Low Keeps June High on Radar

The reversal from the March low (1.3315) may continue to evolve as USD/CAD trades within an ascending channel, with the June high (1.3801) still on the radar.

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NZD/JPY May Clear Resistance Despite Hong Kong Geopolitical Tension

The New Zealand Dollar may extend its rise versus the Japanese Yen, though concern about the political blowback of the Hong Kong national security bill could sour risk appetite.

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New Zealand Dollar Forecast: NZD/USD, NZD/JPY, NZD/CAD

The New Zealand Dollar has slipped into a directionless slumber amid the summer months across many pairs, consolidating after the tumult of the covid crash. Here are the levels to watch.

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NFP: Nonfarm Payrolls Drives the US Dollar & Forex Volatility

Several fundamental forces can impact the US Dollar, but the monthly release of nonfarm payrolls in particular is a frequent driver of USD price action that tends to spark above-average forex volat...

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Gold Price Outlook: Gold Breakout to Fresh Highs Begins Pull Back

Gold prices have set yet another fresh high despite the long-term overbought readings. Tomorrow's NFP report can be huge to directional drives.

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Euro Price Outlook: EUR/USD Jumps from Key Chart Support

As the door open into Q3, EUR/USD has grasped on to a very key area of long-term chart support. Can bulls take control in Q3?

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US Dollar Forecast: Rebound Losing Steam Ahead of June NFP

The US Dollar (via the DXY Index) has seen topside price action falter in recent days.

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Stock Market Outlook: Dow Eyes China Tension & Dollar-Yuan

The stock market traded resiliently during 2Q-2020, but the Dow Jones hangs in jeopardy as spot USD/CNH consolidates while tension with China escalates ahead of the US presidential election.

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USD/CAD Struggles as Multi-Month Trend Resistance Holds Firm

USD/CAD is pushing lower as trend resistance off the March peak continues to dominate price action. The 200-dma may well define the next short-term move.

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Silver Prices on Course for Bullish Breakout: Silver to Outperform Gold

Central bank stimulus keeps Silver on course for bullish trajectory. However, COVID case rise poses risks.

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Crude Oil Prices May Fall as FOMC Minutes Help Form Double Top

Crude oil prices may turn lower if June’s FOMC meeting minutes deflate hopes for near-term stimulus expansion, helping to validate a bearish double top chart pattern.

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British Pound (GBP) Latest: GBP/USD Facing Resistance, FTSE Flat

GBP/USD is faltering at resistance from a downward sloping chart trendline as the markets weigh up improving economic data against surging coronavirus infections in the US.

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British Pound Forecast: GBP/USD, GBP/JPY to Face Brexit Deadline

GBP/USD, GBP/JPY could come under intense selling pressure as weakening fundamentals and Brexit fears weigh on the British Pound.

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