Dollar Leans Towards Important Bearish Breaks, Will Liquidity Save It?
The Dollar hit a 16-month high last week, but it will begin the upcoming period distorted by low liquidity in retreat and eyeing medium-term support.
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Technical Forecast for Dow, S&P 500, FTSE 100, DAX and Nikkei
The November recovery was further peeled back this week as sellers remained in global equities.
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Euro Downtrend Intact, Monthly Chart Hints at Steep Drop Ahead
The Euro has mounted a spirited recovery from mid-November lows but overall positioning continues to look decidedly bearish, hinting at deep losses further ahead.
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Gold Weekly Technical Outlook: Gold Prices Jump as Dollar Breaks
Gold prices snapped a two-week losing streak after rebounding from technical support. Here are the targets & invalidation levels that matter on the XAU/USD weekly chart.
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New York's Park Lane Hotel can be sold after Jho Low drops claim
LOS ANGELES (Nov 18): The Park Lane Hotel in New York City can be sold to Abu Dhabi’s state-owned Mubadala Investment Co. after fugitive Malaysian…
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US Oil Has Three Days of Stability Against Six Weeks and 30% Of Tumble
Calling a true recovery for crude oil owing to a three day steadying is extremely risky against the backdrop of a near 30 percent collapse for the commodity.
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British Pound Weekly Technical Forecast: Sterling Seeks Further Brexit News
The Pound faced a tumultuous trading week with a breakdown in Brexit optimism as members of Parliament voiced outrage over a proposed Brexit deal text.
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XE Market Analysis: North America – Nov 16, 2018
The Dollar has traded mixed today, losing ground to a firmer Yen, Sterling and Australian Dollar, while gaining verses the Euro, which came under broader pressure. EUR-USD drifted nearly 50 pips lower to an intraday low of 1.1321 after earlier printing a one-week high at 1.1368. ECB President Draghi affirmed that the path to phasing […]