Short USD/JPY, Long USD/CNH: Q2 Top Trading Opportunities

If risk aversion sidles in, it would likely see USD/JPY decline. After a pandemic-based hiatus, the US and China seem to be picking back up their multi-faceted dispute which steers back to economic...

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EUR/USD Eyes 50-Day SMA as ECB Slows Pace of PEPP for Second Week

EUR/USD appears to be on track to test the 50-Day SMA (1.1973) as the ECB scales back the pace of the PEPP for the second consecutive week.

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Bitcoin (BTC/USD) Bull Flag, Ethereum (ETH/USD) Bumps Back Above 2k

Bitcoin continues to coil, taking on the form of a bull flag; but Ethereum (ETH/USD) may actually have a stronger bull case near-term.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

Fed officials have been carefully towing the line as to not spook markets that tapering is coming anytime soon.

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Gold Q2 2021 Fundamental Forecast

The Biden administration’s first stimulus package brought forth a jump in both nominal US Treasury yields and inflation expectations, the net-result of which was rising real US yields.

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FinTwit, Women and Trading: An Interview with @DeadCaitBounce

Finance and trading are two areas where men considerably outnumber women. Progress is being made and DailyFX is highlighting that progress with a new series on women leaders changing finance.

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Short AUD/USD, AUD/JPY: Q2 Top Trading Opportunities

With a head-and-shoulders formation and the establishment of a downward trend in RSI, traders should be mindful.

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USD/CAD Rebound Capped by 50-Day SMA Ahead of Canada Employment Report

Canada’s Employment report may keep USD/CAD below the 50-Day SMA (1.2622) as job growth is expected to increase for the second consecutive month.

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USD/NOK Remains in Bear Flag; USD/CHF, USD/SEK Break Recent Uptrends

The US Dollar is losing momentum against a basket of European currencies.

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FTSE 100 Rises on GBP/USD, GBP/EUR Correction: Crucial Resistance Ahead

FTSE 100 a key beneficiary from GBP selling, however, key resistance lies ahead.

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Mexican Inflation Shoots Up, USD/MXN Awaiting Banxico Meeting Minutes for Guidance

USD/MXN looks set to continue its decline as the Mexican economy heats up and may leave Banxico no choice but to adapt its monetary guidance

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Gold Price (XAU/USD) Technical Outlook - Strong Resistance Keeping Rally at Bay For Now

Gold continues to probe multi-week highs but strong resistance lies ahead and the precious metal may need a fundamental boost to clear these hurdles

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GBP Q2 2021 Fundamental Forecast

The British Pound rallied towards GBP/USD 1.4200, slightly higher than our expectations, before dropping back to 1.3700.

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Oil Price Outlook: Supply Concerns Added to Demand Slump, WTI Vulnerable Below $60

The continued spread of Covid-19 despite global vaccination programs sees oil demand weaker than initially forecasted

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Short EUR/NOK: Q2 Top Trading Opportunities

A stronger Krone will weigh down on inflation and if price pressures continue to run hot, a rate hike may be put in place sooner rather than later. On the other side, the Euro is struggling and is ...

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EUR Q2 2021 Fundamental Forecast

The key question for EUR/USD traders looking at the second quarter of 2021 is whether the steep decline in the pair in the first quarter will reverse in Q2, and the answer is quite possibly yes.

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British Pound (GBP) Latest: EUR/GBP Losses Possible After Resistance Holds

EUR/GBP could be ready for a retracement following the gains of the past two days after failing to rise above a congested area on the charts dating back to the beginning of March.

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FTSE 100 Poised to Extend Gains Despite AstraZeneca Vaccine Concerns

The UK benchmark FTSE 100 may shrug aside concerns regarding the AstraZeneca coronavirus vaccine and push to fresh post-crisis highs, on the back of swelling optimism as Britain progresses to the n...

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Gold Price Outlook: Edging Higher as USD Falls, Traders Eye Powell Speech

Gold prices rebounded modestly as APAC traders digested the FOMC meeting minutes. Fed Chair Jerome Powell’s appearance at an IMF seminar on Thursday will be closely eyed.

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Euro Stoxx 50 Fades From Post-Pandemic High, Broader Rally Remains Intact

The European blue-chip index declined during trade on Wednesday as fears mounted over growing coronavirus cases and additional vaccine bottlenecks.

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