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Summary

We will first review the state of the markets and elaborate on what the Dollar Index is doing (will it complete the current reversal attempt?). Then we will review several pairs on the larger time frames, Monthly and Weekly, to try determine where markets may go and which market will offer the more lucrative trends in the upcoming 2018.

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Latest Live Videos

Editors’ Picks

EUR/USD bounces off the lows as the market mood improves

EUR/USD is bouncing toward 1.18, recovering from the fall triggered by upbeat US jobs figures and escalating Sino-American tensions. Investors are eyeing the fiscal stimulus impasse in Washington after Trump's executive order and the market mood has somewhat improved.

EUR/USD News

USD/JPY struggles to find direction, stays flat below 106.00

The broad-based USD strength witnessed during the first half of the day helped the USD/JPY pair advance to its highest level in nearly a week at 106.21.

USD/JPY News

GBP/USD recovering toward 1.31 as the dollar weakens

GBP/USD has recovered toward 1.31 as the dollar pares early gains amid the impasse in Washington over new fiscal stimulus. A survey showing that a third of UK employers may lay off workers is weighing on the pound.

GBP/USD News

XAU/USD retreats to $2030 after making a run to $2050

Gold prices spiked to the upside after the beginning of the American session but then pulled back erasing gains. XAU/USD jumped to $2049.70/oz, and as of writing, it trades at $2033, practically at the same level it closed on Friday.

Gold News

WTI: $42.30 is the level to beat for the bulls

WTI (futures on Nymex) climbed nearly 1.50% in a bid to test the $42 mark on Monday, in the wake of the upbeat outlook painted by Saudi Aramco’s CEO Nasser and expectations that Iraq will cut output in August.

Oil News

MAJORS

Cryptocurrencies

Signatures