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Euro appears consolidative in the lower end of the weekly range
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The Euro maintains the offered stance against the US Dollar.
Stocks in Europe reverse course and…
Dow, Nasdaq 100 and CAC40 All Come Under Selling Pressure
Article by IG Chief Market Analyst Chris BeauchampDow Jones, Nasdaq 100, CAC 40 Analysis and ChartsDow gives back recent gainsThe index has fallen this week, dropping back below the 50-day SMA and heading towards the 100-day SMA.It…
Can GOLD Stop droping ? – Forecasts – 7 September 2023
Gold price pause droping today , it touch the Boll bands middle line, because the USD Index still at a very strong situation, the market data shows that the FED is still gona raising interest rate in near future. As the…
Play of the Day: Time for a Dollar Pullback on USD/CHF?
The coast is clear in terms of top-tier economic catalysts today, but can the U.S. jobless claims report spark some volatility like in the past weeks?
Number crunchers are predicting a weak read this time, so the report might force the…
Gold Futures: Further losses not favoured
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CME Group’s flash data for gold futures markets noted traders scaled back their open interest…
Japanese Yen Outlook Remains Shakey as Retail Traders Remain Bearish USD/JPY
Japanese Yen, USD/JPY, Technical Analysis, Retail Trader Positioning – IGCS UpdateJapanese Yen weakens to softest since NovemberRetail traders are already strongly bearish USD/JPYIs this a sign that the exchange rate may rise?…
Real Yields Continue to Cast Shadow Over Gold: XAU/USD Price Action
Gold, XAU/USD – Outlook:Gold has pulled back from near key resistance and US real yields rebound.XAU/USD is approaching vital support on the 200-DMA.What is the outlook and what are the key levels to watch in XAU/USD?
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Nikkei futures (NKD) looking to extend higher as an impulse [Video]
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Short term Elliott Wave view in Nikkei Futures (NKD) suggests the Index rallies as a 5 waves impulse…
AUD/USD Faces Support, AUD/JPY a Symmetrical Triangle
Australian Dollar, AUD/USD, AUD/JPY, Symmetrical Triangle – Technical Update:Australian Dollar remains pressured after recent lossesAUD/USD closed at its lowest since early NovemberMeanwhile, AUD/JPY is facing a Symmetrical Triangle…
Crude Oil Price Makes New Peak on Supply Cuts and Inventory Run Down. Higher WTI?
Crude Oil, WTI, Brent, Saudi Arabia Russia, OPEC+, EIA, API, OVX – Talking PointsCrude oil leapt over hurdles overnight as production cuts are pushed further outInventory data show US demand to be strong and solid ISM number supports a…