Gold Price Outlook: XAU/USD May Struggle to Rally Further as Supportive Trend Breaks

Gold is finding further upside difficult after hitting a fresh near eight-year peak last week. The supportive trend started in early June is now breaking.

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DAX 30 Price Outlook: Breakout on the Horizon, EU Summit in Focus

DAX upside struggles once again at familiar resistance. Short term range holds for now.

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FTSE 100 Latest: Weakening Only Modestly After Poor UK GDP Data

The FTSE 100 index of the major London-listed stocks is falling Tuesday, but by less than other major European equity indexes despite UK GDP data that fell short of expectations.

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GBP/USD Remains Under Pressure After Weak UK GDP Release

The UK economy remains in the doldrums with the latest UK GDP figures missing already lowly expectations, putting pressure back on Sterling.

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Euro Technical Outlook: EUR/CAD, EUR/NOK, EUR/SEK Levels to Watch

EUR/NOK, EUR/CAD look poised for further gains after bouncing off key moving average support. EUR/SEK may fall after breaching long-term uptrend.

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EUR/USD Rates to Watch Ahead of ECB Interest Rate Decision

EUR/USD appears to be on track to test the June high (1.1423) as the European Central Bank (ECB) is expected to retain the current policy on July 16.

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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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ASX 200 Stock Index Remains Capped amid Australia-China Trade Tensions

The ASX 200 stock index looks poised for a reversal at key resistance as Australia-China trade tensions continue to escalate.

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S&P 500 Retraces at Key Resistance, Hang Seng Faces a Pullback

The S&P 500 index dropped nearly 1% overnight as tech stocks plunged. Asia-Pacific equities are set to follow lower. Singapore’s 2Q GDP fell -12.6% year-on-year.

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US Dollar, USD/SGD Gain. Singapore Enters Recession on Record GDP Drop

The USD/SGD rose as Singapore’s economy entered a technical recession after the worst contraction in GDP on record. What’s next for the Singapore Dollar and the Straits Times Index?

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AUD/USD Rate Outlook Mired by Failure to Test 2020 High

AUD/USD may continue to consolidate ahead of Australia’s Employment report amid the failed attempt to test the 2020 high (0.7064).

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Copper Price Outlook Bearish as Market Optimism Makes a U-Turn

Copper prices may retreat as risk appetite wanes after a disappointing session in Wall Street trade and formidable geopolitical tensions in Asia.

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US Dollar Ripe for Volatility as Stocks Swing Amid Earnings

The US Dollar is catching a bid late on Monday as the safe-haven currency perks up alongside the VIX Index, which follows a nasty intraday reversal to the downside staged by stocks ahead of earning...

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Dollar vs Mexican Peso Price Outlook: USD/MXN Breakout Brewing

Mexican Peso is attempting a fourth consecutive daily advance with USD/MXN testing support early in the week. These are the levels that matter on the technical charts.

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Australian Dollar Fundamental Forecast for Q3 2020

A shift in the RBA’s forward guidance should heighten the appeal of the Australian Dollar if the central bank prepares to remove the yield target later this year.

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EUR/USD & AUD/USD in Focus Ahead of ECB, Jobs & Retail Sales

EUR/USD and AUD/USD could experience heightened market activity next week with the Euro, US Dollar, and Australian Dollar primed for volatility around key event risk and data releases on deck.

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US Dollar Forecast: Nearing the Bottom as COVID-19 Cases Soar?

The DXY Index has been weighed down by concerns over the United States’ coronavirus surge.

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Crude Oil Price Trapped at Resistance as Other Risk Assets Climb

Crude oil has struggled with resistance near $41.25 even as other growth-linked assets and commodities continue to climb. Will crude catch up or have the other assets gone too far, too fast?

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GBP/USD Price Analysis: Cable Indecisive Ahead of Earnings Season

Bulls continue to dominate in the medium-term, but with shorter-term price action turning to the downside, will momentum shift?

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Markets Week Ahead: Gold Prices, Dow Jones, Earnings Season, Euro, ECB

Gold prices accelerated higher as longer-dated Treasury yields declined. While the Dow Jones and S&P 500 rose, stock valuations will be tested as earnings season gets underway. The Euro awaits the ...

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