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DailyFX,the free news and research website of leading forex and CFD broker FXCM, delivers up-to-date analysis of the fundamental and technical influences driving the currency and commodity markets. With nine internationally-based analysts publishing over 30 articles and producing 5 video news ...more

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Australian Dollar Market May Be Calmer, But Watch Trade Headlines
The Australian Dollar endured another roller-coaster ride last week with domestic economic data and international events all throwing it around. Judging by the calendar, coming sessions may be calmer but left-field-event potential remains high.
GBP Fundamental Forecast: Sterling Refuses To Believe In No Deal Brexit
Sterling pushed higher during the week, aided by slightly better-than-expected UK jobs figures, leaving GBP vulnerable to a sharper downturn if the EU continues to refuse to agree to any compromise on the Irish backstop impasse.
Australian Dollar Weekly Price Outlook: AUD/USD Recovery Vulnerable
The Australian Dollar is up more than 1.3% against the US Dollar year-to-date with the recovery now in question as price approaches technical resistance. The focus is on a break of a 200pip range just above yearly open support.
USD/JPY Rate Forecast: RSI At Risk Of Flashing Bearish Signal
USD/JPY continues to track the upward trend from earlier this year, but the failed attempts to test the 200-Day SMA (111.30) raises the risk for a larger pullback as the bullish momentum appears to be abating.
US Dollar Bounce At Support Keeps Near-term Outlook ’Neutral’
EU officials continue to insist that no changes can be made to the Withdrawal Agreement, but it is possible for a three-month extension of the Brexit window into the end of June.
Gold Price Technical Outlook: XAU/USD Rejected At Resistance
Gold prices reversed off trend resistance this week with the move risking further losses for the precious metal near-term.
US Dollar Selloff Hits Pause As Back-To-Back Dojis Materialize
The US Dollar (via the DXY Index) is treading water for the second straight day, with traders lacking concrete catalysts in the near-term to help divine the next major move.
Crude Oil Prices Aim To Extend Gains On US-China Talks, EIA Data
Crude oil prices rise amid a flurry of supportive headlines.
Upbeat Australia Employment Report To Fuel AUD/USD Rate Recovery
Updates to Australia’s Employment report may curb the AUD/USD pullback following the Federal Open Market Committee (FOMC) Minutes as the economy is expected to add another 15.0K jobs in January.
Australian Dollar Price Outlook: AUD/USD Recovery Faces First Test
The Australian Dollar rallied nearly 1.7% against the US Dollar from the monthly lows with price now targeting a major pivot zone.
Gold Price Forecast: 2018-High On Radar Amid Overbought RSI Signal
Gold rallies to fresh yearly highs despite hopes of a U.S.-China Trade Deal, and recent price action brings the 2018-high ($1366) on the radar as the bullish momentum appears to be gathering pace.
US Dollar Digs Into Fibonacci Support As EURUSD Range Remains
The US Dollar pullback continues into mid-week as the US currency has re-engaged with support at a key Fibonacci level.
US Dollar May Rise As Skittish FOMC Minutes Sour Market Mood
A quiet offering on the European economic data docket is likely to see traders looking ahead to focus on minutes from January’s FOMC meeting.
Gold Price Weekly Technical Outlook: XAU Breakout Underway
Gold prices have continued to march higher after breaking through resistance last week with the precious metal already up more than 1.1% since the Sunday open.
USD/JPY Eyes 200-Day SMA Again On Hopes Of US-China Trade Deal
The USD/JPY correction following the currency market flash-crash appears to be gathering pace as the Trump administration averts another government shutdown, and signs of an imminent U.S.-China trade deal may heighten the appeal of the dollar.
US Dollar’s February Uptrend Intact For Now; Gold At Fresh Yearly Highs
The US Dollar (via the DXY Index) is posting its first gains in three days as investors pin hopes on the US-China trade negotiations at the end of this week to provide a breakthrough ahead of the March 2 deadline.
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