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- USD/JPY Price Forecast – volatility continues during Thursday session
- The US dollar has initially surged against the Japanese yen during trading on Thursday, only to turn around and fall back towards the ¥111 level. This area has been important more than once, so don’t be surprised if we get a bit of vol...
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- GBP/USD Price Forecast – British pound takes a break
- The British pound went back and forth during the day on Thursday, testing the 1.29 level for resistance and finding it. However, we didn’t necessarily selloff that drastically either. At this point, the pair is oversold so most professional tra...
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- GBP/JPY Price Forecast – British pound trying to find support against yen
- This is one of the most risk sensitive pair is in the world, so it makes sense that it would be very noisy. Beyond that, we have the Brexit to worry about and of course the Conservative Party in the UK not being able to agree on anything, mixing all that...
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- EUR/USD Price Forecast – Euro choppy during Thursday session
- The EUR/USD pair was very noisy during trading on Thursday, as we continue to see a lot of noise in this market. The 1.16 level continues to be very important, at least from a psychological standpoint. When I look at this chart though, I recognize that we...
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- AUD/USD Price Forecast – Aussie has a tough day
- The Australian dollar was very noisy during the day on Thursday, perhaps in reaction to North Korean statements suggesting that the D nuclear is Asian deal may not go through if certain things don’t happen. Most market participants know that th...
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- AUD/USD Forex Technical Analysis – Weakens Under .7374, Strengthens Over .7392
- The Australian Dollar is trading lower early Friday after posting a steep sell-off the previous session. The selling pressure is being fueled by a dovish Reserve Bank of Australia quarterly Statement on Monetary Policy and weaker-than-expected economic gr...
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- E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 7454.75, Weakens Under 74
- September E-mini NASDAQ-100 Index futures are trading lower shortly after the cash market opening.  Geopolitical uncertainty in Turkey is encouraging investors to shed higher risk assets like stocks. While the Turkish Lira was plunging to a recor...
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- E-mini Dow Jones Industrial Average (YM) Futures Analysis – Could See Test of Retracement Zone at 25
- September E-mini Dow Jones Industrial Average futures are set to open over 100 points lower based on the pre-market trade. The selling is being fueled by geopolitical uncertainty in Turkey. While the Turkish Lira was plunging to a record low, traders were...
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- E-mini S&P 500 Index (ES) Futures Technical Analysis – First Key Downside Target Zone 2827.2
- Geopolitical tensions are driving September E-mini S&P 500 Index futures lower on Friday, shortly before the cash market opening.Daily Technical AnalysisThe main trend is up according to the daily swing chart. A trade through 2863.75 will signal a res...
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- AUD/USD and NZD/USD Fundamental Daily Forecast – Geopolitics, Dovish RBA, Bearish Chart Pattern Crus
- The Australian and New Zealand Dollars are both under pressure on Friday as the Turkish currency crisis worsened in the wake of an escalating dispute between Washington and Turkey. The Aussie also lost ground in reaction to a dovish central bank monetary...
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- USD/JPY Fundamental Daily Forecast – Stock Market Weakness Fueling Carry Trade Selling
- The Dollar/Yen is trading lower early Friday in response to stronger-than-expected Japanese economic data, but buyers are attempting to claw back earlier losses in reaction to geopolitical tensions.At 1155 GMT, the USD/JPY is trading 110.926, down 0.164 o...
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- Technical Checks For US Dollar Index, Dow Jones & WTI Crude Oil: 10.08.2018
- US Dollar Index [I.USDX]Successful clearance of 95.20-40 horizontal-region seems helping the US Dollar Index to aim for the 96.75-80 and the 97.55-60 resistances; however, the 98.50 could offer intermediate halt to please greenback Bulls after 97.60 prior...
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- EUR/USD Mid-Session Technical Analysis for August 10, 2018
- The Euro is plunging against the U.S. Dollar on Friday, shortly before the U.S. session. The single currency broke sharply following reports that the European Central Bank (ECB) is concerned over the impact of a weak Turkish Lira on European banks.At 1036...
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- Price of Gold Fundamental Daily Forecast – Traders Await U.S. CPI Data, Showing Little Reaction to T
- Gold futures are trading lower shortly before the U.S. opening. All week, the precious metal has been trading inside last Friday’s range with a downside bias towards a multi-year low at $1212.50. The market is also in a position to post its fif...
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- USDCAD Back Above 1.31 Ahead of US CPI & Canadian Employment Data
- The USD/CAD pair broke the Asian consolidation range to the upside in early Europe, as the bulls look to retest the weekly tops of 1.3120 amid renewed US dollar strength across its main competitors. The greenback resumed its yesterday’s upbeat...
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- Oil Price Fundamental Daily Forecast – IEA Report May Be Sounding Bullish Alarm
- U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading slightly lower shortly before the regular session opening while posting a two-side trade during the pre-market session.At 0903 GMT, September WTI crude oil future...
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- Natural Gas Price Fundamental Daily Forecast – Cooler Forecast Could Trigger Start of Steep Break Un
- Natural gas futures are trading lower shortly before the regular session opening on Friday after posting a potentially bearish technical closing price reversal top the previous session. Yesterday’s early rally took the market to its highest lev...
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- Commodities Daily Forecast – August 10, 2018
- GoldThe gold market continued to be volatile during the Thursday’s session trying to rally higher only to give back most of the gains. The strong volatility in the forex market is also affecting the performances in the commodity market and for...
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- Forex Daily Outlook – August 10, 2018
- EUR/USDThe bears have taken a strong grip over the market in the past 24 hours as the pair closed below the 1.1527 level during the Thursday’s session. The market is concerned ahead of the US CPI release. The 1.15 level is the important and psy...
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- Crude Oil Price Update – Daily Chart Indicates Nothng but Air Under $66.29 With $62.99 Next Major Ta
- U.S. West Texas Intermediate crude oil futures are trading lower early Friday. Escalating trade tensions between the United States and China are helping to keep a lid on prices while concerns that renewed U.S. sanctions against Iran will tighten supplies...
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- DAX Index Price Forecast – DAX Likely To Trade Downside over Dovish Cues from International Market
- European stocks ended Thursday trading modestly higher after struggling during the session, as investors attempted to dispel trade-war angst between the U.S. and China and as shares of financials and the pharmaceutical companies weighed on the broader mar...
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- Natural Gas Price Prediction – Prices are Poised to Rise as Inventories are Low
- Natural gas prices moved lower on Friday, but only by 0.58%, and rebounded from session lows. Prices have been buoyed by declining relative inventories during the heart of the injection season.  Inventories are below the 5-year average range, but...
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- Gold Price Prediction – Gold Forms Doji Day Despite Risk Off Environment
- Gold prices have held up remarkably well in the face of a dollar rally that has been spurred on by geopolitical risks. The Turkish Lira lost 13% against the greenback on Friday as investors turned tail. President Eurogon, has been outspoken and refused to...
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- EUR/USD Falls Despite US PPI Missing Forecasts
- EUR/USD declined today even as US producer inflation missed expectations. Consumer inflation data will be released tomorrow, and if it fails to meet expectations as well that would bode ill for the US currency.PPI showed no change in July, wh...
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- EUR/USD Consolidates amid Light Macroeconomic Data
- EUR/USD consolidated today, looking for direction. The current session was light in terms of macroeconomic data in the United States, providing no help for the currency pair in determining its next move.US crude oil inventories decreased by 1...