Gold Price Nears a Fresh 10-Month High as US Dollar Dips
Gold has taken its cue from a lower US dollar and made a fresh two-week high, nearing its highest level since April 2018 as bulls take control.
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News
Crude Oil Analysis: Oil Bulls Target $70
Improved risk sentiment and Saudi Arabia’s pledge to take aggressive have been among factors boosting oil prices to fresh 2019 highs, raising scope for $70 Brent.
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Sterling (GBP) Starting the Week in Positive Fashion on Brexit Rumors
Weekly Technical Forecast: Dollar, Equities, Crude and Gold All Extend Their Climb to Key Resistance
Stock Market Fund Flows May Suggest the Dow Jones is at a Crossroads
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Analyst Picks
David Cottle
Analyst
Currency Pair:
Short AUD/USD
Expertise: Fundamental
Average Timeframe of Trade: One Week
Expertise: Fundamental
Average Timeframe of Trade: One Week
James Stanley
Currency Strategist
Currency Pair:
GBPUSD, EURUSD, USDCHF, USDJPY
Expertise: price action - macro
Average Timeframe of Trade: few days - few weeks
Expertise: price action - macro
Average Timeframe of Trade: few days - few weeks
Technical Analysis
Technical Outlook: S&P 500, DAX
Following a weekly gain of over 2% the S&P 500 eyes key topside resistance. DAX sees notable bounce off trendline support.
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EURUSD Weekly Technical Forecast: Euro Flirting with Support Break
Gold Prices Stopped Short of Resuming Dominant Uptrend, Watch RSI
Dollar Within Reach of Two-Year High but Reversal Pressure High
Education
Ben Lobel
Markets Writer
Learn about technical analysis tips from top market technician Helene Meisler on our DailyFX podcast.
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David Bradfield
Markets Writer
Learn how to calculate the forex spread and what causes it to widen or narrow.
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