Date archive forJanuary, 2018
By gossewestra On Friday, January 19th, 2018
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Gold Goes Into the Weekend With a Mixed Trading Bias

Spot Gold: Retail trader data shows 64.0% of traders are net-long with the ratio of traders long to short at 1.78 to 1. The number of traders net-long is 1.3% higher than yesterday and 2.5% higher from last week, More...

By gossewestra On Friday, January 19th, 2018
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USD/CHF to See a Reprieve as Price Rebounds Off Support

USD/CHF Daily Chart Technical Outlook: USD/CHF is responding to a near-term support confluence at 9553 after plummeting more than 3.2% off the monthly highs. This level is defined by the 78.6% retracement of the More...

By Stefan Gleason On Friday, January 19th, 2018
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Jim Rickards: Next Financial Panic Will Be Big

Listen to the Podcast Audio: Click Here Mike Gleason: It is my great privilege now to be joined by James Rickards. Mr. Rickards is Editor of Strategic Intelligence, a monthly newsletter and Director of the James More...

By gossewestra On Friday, January 19th, 2018
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Technical Outlook: USD, Euro, Gold & Silver, and More

The US Dollar Index (DXY) is breaking down, with support levels from 2009-2010 coming into view. EUR/USD is consolidating gains following the recent breakout, looking higher. AUD/USD near a big resistance zone. More...

By gossewestra On Friday, January 19th, 2018
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Oil Prices Risk Further Losses as RSI Slips from Overbought Territory

FX Talking Points: – USD/JPY Rebound Unravels Ahead of BoJ; U.S. GDP Report on Tap. – Crude Oil Prices to Face Larger Pullback as RSI Falls Back From Overbought Territory. USD/JPY remains under pressure More...

By gossewestra On Friday, January 19th, 2018
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USD/CHF Technical Analysis: Four-Month Low Brings RSI Divergence

Talking Points: – USD/CHF set a fresh four-month low earlier in today’s session. – The hastening in the USD/CHF down-trend mirrors the broader movement in the U.S. Dollar. – Are you looking More...

By gossewestra On Friday, January 19th, 2018
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Euro at Risk From Sunday’s German Coalition Vote

Euro Talking Points: – The possibility of a US government shutdown and next week’s ECB meeting are likely to determine the direction of EURUSD short-term. – However, a key vote in Germany Sunday More...

By gossewestra On Friday, January 19th, 2018
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ECB, BoJ Headline Next Week as USD Tries to Carve Out Support

Talking Points: – The European Central Bank (ECB) and the Bank of Japan (BoJ) headline next week’s economic calendar. – Each Central Bank is likely to look to avoid additional strength in representative More...

By gossewestra On Friday, January 19th, 2018
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DailyFX US AM Digest: US Dollar Slide Continues as Shutdown Deadline Approaches

Receive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here The US Dollar is on pace to close the week out at a three year low (per the DXY Index) as the specter of More...

By JustForex On Friday, January 19th, 2018
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Euro Is Strengthening Against Eurozone Expansion

Yesterday, the strengthened, while the began to decline. The US currency was under pressure due to forecasts that the growth of the global economy would exceed the US economic growth. As a result, the ECB More...