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Summary

The CBT system is based on channel trading and effectively presents an effective combo of price action and indicators. Sign up for webinar to see how the system works and how to trade it!


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EUR/USD nears 1.1000 amid fears of US-EU trade war, mid-East flare-up

EUR/USD continues easing toward the critical support, a as fears of US tariffs against the EU and the fallout from the attack on Saudi oil installations weighs. Little data scheduled for today will leave sentiment in control.

EUR/USD News

USD/JPY looking to close the bearish opening gap amid risk-off

USD/JPY gapped down to 107.44 on Monday’s open as risk appetite is diminished following the attack on Saudi Arabian oil facilities. The spot now trades near 107.80, aiming to close the bearish opening gap ahead of a big week. 

USD/JPY News

GBP/USD drops to around 1.2450 ahead of Johnson-Juncker meeting

GBP/USD is trading closer to 1.2450, lower. UK PM Johnson will meet EC Commission President Juncker to discuss Brexit amid reports of progress. Tensions in the Middle-East and uncertainty ahead of the Fed impact markets.

GBP/USD News

Gold: Once again rebounds from ascending trend-line/23.6% Fibo. confluence support

Gold on Friday ended on a downbeat note and recorded its third consecutive week of declines, albeit once again managed to find decent support near a 3-1/2-month-old ascending trend-line.

Gold News

WTI stabilizes around 9% higher post-20% spike on Saudi drone attack

WTI (futures on Nymex) corrected half the massive 20% surge seen at Asia, still holds around 9% firmer in the European trading, as investors assess the effects of the Saudi attack and its implications on the oil market.

Oil News

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