EUR/CHF Price Analysis: EUR/CHF Remains Faithful to Fibonacci

The past two months has seen the EUR/CHF trading in a range between key Fibonacci levels

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US Recession Watch, July 2020 - Shapes of the Recovery: J-Curve

The Q2’20 US GDP report will likely produce the worst quarter of growth data in US economic history. But markets are forward looking, right?

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Bitcoin Forecast: BTC Price Breaking Out as US Dollar Crumbles

Bitcoin price action has rocketed 20% higher over the last week on the back of a topside breakout. As the US Dollar implodes, BTC has surged alongside anti-fiat precious metals like gold and silver.

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Mexican Peso Latest: USD/MXN at Risk as FOMC and Mexican Q2 GDP Releases Near

The Mexican Peso continues to gain against a weak US dollar ahead of the latest Fed policy meeting. Thursday’s Mexican Q2 GDP release may well decide the near-term future for USD/MXN.

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Japanese Yen Forecast: USD/JPY Biased Lower as Rallies are Capped

Japanese Yen anchored at 105.00 ahead of FOMC. Rallies in USD/JPY likely to meet resistance.

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Crude Oil Prices May Fall if the Fed Dithers on Stimulus Boost

Crude oil prices may fall if the Fed FOMC committee dithers on signaling a further stimulus boost, souring sentiment market-wide. Gold prices may likewise weaken.

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EUR/USD Price Eyes September 2018 High, FOMC and Eurozone Q2 GDP on The Horizon

The ongoing US dollar weakness, coupled with the EU recovery fund agreement, continues to push EUR/USD back to highs seen nearly two years ago, however major risk events near.

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Hang Seng Unmoved as Hong Kong Recession Eases

Hong Kong Recession Eases, However, Challenges Remain as US-China Tensions Escalate.

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British Pound (GBP) Latest: GBP/USD Taking Aim at 1.30 Level

GBP/USD looks to be heading up to the 1.30 level and perhaps even the March highs once Wednesday’s Fed decision is out of the way.

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US Dollar Outlook: Long-Term USD Trends in Focus Ahead of FOMC

The US Dollar could be poised for further losses after breaking through 6-year trend support, as focus turns to the FOMC interest rate decision.

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Hang Seng Index Rebounds, Silver Consolidates. Crude Oil May Fall

Hong Kong’s benchmark stock index, the Hang Seng, climbed alongside the mainland A-shares, led by brokerage firms. Silver, gold and crude oil entered consolidation.

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EUR/USD Rate Eyes September 2018 High as RSI Sits in Overbought Zone

Current market conditions may keep EUR/USD afloat as the Relative Strength Index (RSI) sits in overbought territory.

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Mexican Peso Outlook at the Mercy of US Economic Trends

Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN.

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AUD/USD Rate Unfazed by Australia CPI with Fed Rate Decision on Tap

The Australian Dollar seemed relatively unfazed by local inflation data as traders look ahead to the upcoming FOMC interest rate decision.

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NZD/USD Technical Analysis Outlook Warns of RSI Divergence

NZD/USD tags a fresh monthly high (0.6703) going into the end of July, but the RSI appears to be deviating with price as it struggles to push into overbought territory.

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Fed Meeting Preview: Gold, Dow, US Dollar Outlook as FOMC Looms

Gold, the Dow Jones and US Dollar tend to experience heightened volatility around Fed meetings, which brings these markets into focus headed into Wednesday’s FOMC decision.

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AUD May Extend Rally on CPI Data Despite Regional Political Risks

The Australian Dollar may stretch out its gains if local CPI data points to improved inflationary trends despite mounting regional geopolitical concerns.

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Canadian Dollar Forecast: USD/CAD Threatens Breakdown Ahead of Fed

Months of Dollar weakness has seen USD/CAD falter, moving within reach of longstanding support that has helped keep the pair afloat. With FOMC ahead, USD/CAD runs the risk of further losses.

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Bitcoin Forecast: BTC Price Breaking Out as US Dollar Crumbles

Bitcoin price action has rocketed 20% higher over the last week on the back of a topside breakout. As the US Dollar implodes, BTC has surged alongside anti-fiat precious metals like gold and silver.

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USD/JPY Price Forecast: USDJPY Dropping Towards Key Level of Support

The US Dollar has experienced a significant sell-off amidst a focus on declining real yields in major economies while the Yen shines vs G10 currencies

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