USD Price Outlook: US Dollar Selling Subsides – Levels to Watch

USD price action edged higher across the board during Tuesday's trading session as US Dollar selling pressure subsides. What might be in store for the DXY Index ahead?

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Colombia Consumer Price Index (MoM) below expectations (0.05%) in November: Actual (-0.15%)

Colombia Consumer Price Index (MoM) below expectations (0.05%) in November: Actual (-0.15%)

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What is the Golden Cross and How to Use it in Day Trading

The golden cross is an important concept in the financial market. It is closely-watched by both day traders and long-term buyers and holders of assets alike. It is also a…

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Australia: Trade surplus shrinks to AUD4,840 million in October, as imports rebound sharply

“For October there is a goods trade surplus of $4,840m (original, current price, merchandise trade basis),” according to the Preliminary October Trad

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How to Use Bracket Orders in Day Trading

Risk management is an essential part of trading the financial market because it minimises risks while boosting returns at the same time. Fortunately, as we have written before, there are…

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AUD/USD Unfazed by Ban on Australian Coal as Risk Appetite Improves

The improvement in risk appetite may keep AUD/USD afloat as the US Dollar reflects an inverse relationship with investor confidence.

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and open the door to violent volatility – and trading opportunities.

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Euro Forecast: EUR/USD Outlook Bearish Near Term, Bullish Long Term

EUR/USD is no longer oversold after its bounce last week and an extension of its previous decline now seems likely short term. However, the outlook longer term is more positive.

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Heikin-Ashi in Day Trading: What it is and How to Use it

Heikin-Ashi is an advanced chart used in the financial market. The term heikin means average in Japanese while ashi means pace. Subsequently, the chart means the average movements of prices….

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Gold Price Outlook: Rising US Dollar Sinks XAU/USD, Will Losses Extend?

Anti-fiat gold prices suffered the worst week since August as the US Dollar gained ground. Will losses extend? All eyes turn to fiscal stimulus hopes and non-farm payrolls data.

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