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  • 🇳🇿 NZD Credit Card Spending (YoY) (DEC), Actual: 3.4% Expected: N/A Previous: 4.5% https://www.dailyfx.com/economic-calendar#2020-01-24
  • Heads Up:🇳🇿 NZD Credit Card Spending (YoY) (DEC) due at 02:00 GMT (15min), Actual: N/A Expected: N/A Previous: 4.5% https://www.dailyfx.com/economic-calendar#2020-01-24
  • My trading video for today: '$EURUSD, $USDJPY and $AUDNZD Absorb ECB, Risk Trends, Key Data' https://www.dailyfx.com/forex/video/daily_news_report/2020/01/24/EURUSD-USDJPY-and-AUDNZD-Absorb-ECB-Risk-Trends-Key-Data.html?ref-author=Kicklighter?CHID=9&QPID=917719 https://t.co/jmks6CdRNI
  • The Indonesian Rupiah outperformed Thursday as the Bank of Indonesia held rates unchanged and the central bank noted that the economic cycle passed its bottom, welcoming #Rupiah appreciation as in line with the fundamentals #ASEAN #USDIDR #Indonesia
  • The $AUD is pressuring four-month trend support against its US counterpart as sellers fight to reassert the dominant, long-term downtrend. Get your market update from @IlyaSpivak here: https://t.co/Bup64Arva9 https://t.co/R867zN295e
  • My #ASEAN-based US Dollar index has been aiming higher this week following positive RSI divergence (fading downside momentum). Fears of the #coronovirus have been denting regional sentiment, pushing the haven-linked Greenback higher. Dominant downtrend still holds (red line) #USD https://t.co/Au70xCZq8Z
  • Japan's Prime Minister Shinzo Abe: Will do all possible to prevent spread of virus in Japan -BBG
  • 🇯🇵 JPY Nikkei Japan PMI Manufacturing (JAN P), Actual: 49.3 Expected: N/A Previous: 48.4 https://www.dailyfx.com/economic-calendar#2020-01-24
  • The $USD fell against ASEAN currencies. USD/IDR touched its lowest since February 2018. Bank of Indonesia is ahead as USD//MYR eyes Bank of Malaysia. USD/SGD faces Singapore CPI. Get your market update from @ddubrovskyFX here: https://t.co/Q8SLQTQIws https://t.co/uSXXkYFFDU
  • Westpac expects #RBA will delay next rate cut until April, with final reduction to 0.25% in August -BBG Australian Dollar is aiming cautiously higher in early Friday trade $AUDUSD #AUD
Weekly Technical Forecast: Dollar, Equities and Crude Oil Advance Together

Weekly Technical Forecast: Dollar, Equities and Crude Oil Advance Together

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The markets seem to be awash in speculative enthusiasm. Risk-leaning assets like equities and crude oil marked meaningful advances this past week, but the breadth out to carry trade and even the Dollar as a carry currency speaks to the depth of the march. Yet, the threat of stall and reversal seems to dog a ‘recovery’ effort that has covered much of the easy-to-traverse technical field

Australian Dollar Forecast: AUD/USD Outlook Mixed, AUD/NZD and GBP/AUD Flirt with New Trends

The Australian Dollar technical outlook versus the US Dollar, New Zealand Dollar and British Pound is analyzed. AUD/USD choppiness may end while AUD/NZD, GBP/AUD face new trends.

Oil Forecast: Crude Oil Prices Hit Fresh 5-Month High with Eyes Glued on Dow and Risk

US crude oil prices put in for another impressive 5 percent climb this past week. That ups the tally for consecutive bullish weeks to five – matching the longest stretch in three years. How steady is this trend?

British Pound Forecast: GBPUSD & EURGBP Trends Creaking

The 2019 dominant trends for both GBPUSD and EURGBP are under pressure and short-term price action must be watched carefully for any reversal or follow-through signals.

US Dollar Forecast: Can USD Bulls Post a Breakout?

US Dollar strength has held into Q2, and the ascending triangle continues to highlight USD’s longer-term congestion. Is this the week that USD bulls finally make push?

Gold Forecast: XAU in Search of Support into 2019 Low

Gold is virtually unchanged on the week but remains vulnerable to further losses early in the month. These are the levels that matter on the XAUUSD weekly chart.

Equities Forecast: S&P 500, DAX, FTSE 100

DAX sees strongest performance since Q4 16, S&P 500 eyes 2900, while FTSE looks to key resistance.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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