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  • Your psychology has a significant impact on the decisions you make, particularly if you are new to trading. How can you avoid your emotions from turning you into a #FOMO trader? Find out: https://t.co/FC7CHpk9vA #FOMOintrading https://t.co/WSDr3JkpAG
  • $AUDUSD: Short-term support could lead-in to a quick bounce up to resistance as taken from another prior support level, plotted around the .6830 level on the chart. Get your market update from @JStanleyFX here: https://t.co/tUoe1Roo5t https://t.co/omaDxGNhZU
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  • $GBPUSD at the moment break-even straddles = 152pips meaning that for option traders to realize gains, the spot price must see a move greater than 152pips. Get your market update from @JMcQueenFX here: https://t.co/odj2lLRrGf https://t.co/RXCBwHGluG
  • $EURGBP has fallen over 6% since August and is now rapidly approaching a critical support level not reached since May. Will a break below accelerate the aggressive selloff? Find out from @ZabelinDimitri here: https://t.co/CBM8Fg7vM0 https://t.co/0yDnEpzQqR
  • The #Euro is struggling for direction against the US Dollar but the near-term downtrend guiding it lower since late June remains firmly intact. Where is $EURUSD heading? Get your technical analysis from @IlyaSpivak here: https://t.co/us6AINmuoe https://t.co/J4hQtyprYf
  • $DXY & $SPX500 hold steady after #FED rate cut. Get your update from @JohnKicklighter here: https://t.co/vqXlKCMDYA
Dow Rises and Gold Falls on Trade War Enthusiasm, ECB Decision Top Event Ahead

Dow Rises and Gold Falls on Trade War Enthusiasm, ECB Decision Top Event Ahead


Though tentative, market participants latched on to nascent signs that trade war conditions may improve and the threat of recession is not as imminent as many fear. This would be the perfect opportunity for monetary policy to further leverage the uneven swell in sentiment. The ECB will start a run of key policy meetings, but its decision in particular will echo through the markets.

GBP Braces for Brexit Volatility: General Election Still Possible

British Pound traders will likely experience nauseating volatility next week as Brexit negotiations continue to wrap traders in a web of uncertainty as the October 31 deadline approaches.

Australian Dollar Lifted By Risk Appetite Shift But Still Vulnerable

Last week was a good one for Australian Dollar bulls but, as nothing fundamental has changed, gains must be regarded as fragile.

Oil Prices Hold August Range Ahead of World Energy Council Congress

Developments coming out of the World Energy Council may influence crude prices as OPEC and its allies remain committed in balancing the energy market.

Gold Price Forecast: Positive Outlook But Downside Risks Remain

A volatile week for gold, hitting a fresh six year+ high before dropping over 3% in one day as risk sentiment swings sharply. And the drivers remain US and China.

Dow Jones, Nasdaq 100, DAX 30, FTSE 100 Forecasts for the Week

The Dow Jones, Nasdaq 100, DAX 30 and FTSE 100 have all regained their footing alongside an improvement in US-China trade rhetoric, but can the indices hold recent gains?

US Dollar Uptrend May Return on Haven Demand, Dovish ECB, CPI Rise

The US Dollar may be back on offense after last week’s retreat, buoyed by haven demand as well as a dovish ECB and a fourth month of gains in core inflation.

Dow Rises and Gold Falls on Trade War Enthusiasm, ECB Decision Top Event Ahead

DailyFX forecasts on a variety of currencies such as the US Dollar or the Euro are available from the DailyFX Trading Guides page. If you’re looking to improve your trading approach, check out Traits of Successful Traders. And if you’re looking for an introductory primer to the Forex market, check out our New to FX Guide.

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