AUD/USD attempts a bounce from 2-week lows at 0.7115

The AUD/USD pair stalled its three-day losing streak and attempted a minor recovery from two-week lows of 0.7115, as the AUD bulls were rescued by a renewed uptick in its OZ neighbor, the NZD, after New Zealand’s Q4 CPI surpassed expectations.


USD/JPY keeps the red near daily lows, just below mid-109.00s

The USD/JPY pair extended its sideways consolidative price action and was seen oscillating in a narrow trading band near the lower end of its daily trading range.


Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Good things happen to those who wait

Signs of weakness appear while playing on the edge. ETH/USD must lead now or suffer for months. BTC/USD does not work for either side of the market.

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BOJ Preview: New excuses to kick the inflation can down the road

The Bank of Japan makes its first rate decision for the year on Wednesday, January 23rd, late in the Asian session. The BOJ is projected to leave all policy measures unchanged. 

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Ethereum Technical Analysis: ETH/USD penetrating vital near-term support

Ethereum price on Tuesday holding very minor gains of 0.25%, as general caution continues. ETH/USD bears testing vital near-term support around $115 area, lower part of range-block. 

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Ripple's XRP Technical Analysis: XRP/USD catches some bullish momentum after slow start

Ripple's XRP price pops higher in the mid part of Tuesday, holding onto gains of 0.8%. Despite the interim minor volatility, XRP/USD is still trapped within a mundane daily range. 

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Bitcoin Forecast 2019: A critical year for cryptos

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EUR/USD analysis: lower low anticipates another leg south

Safe haven assets remain bid on trade and growth concerns

Safe haven assets remain bid on trade and growth concerns

Dollar - Feeling the Pain of Rising Rates and Trade Tensions

Valeria Bednarik

ECB monetary policy decision and Markit PMIs to take center stage this week

The EUR/USD pair aims to close the week to the downside but within familiar levels, hovering around the 1.1400 level, not far from a weekly low of 1.1366. The common currency took a dive after a German report showed that the country's growth was the slowest in 5 years in 2018, just 1.5% up.

Yohay Elam

GBP/USD is trading marginally lower amid news that the UK Labour Party tabled a parliamentary motion that could open the door to a second EU Referendum, potentially averting Brexit.

The Technical Confluences Indicator shows that cable faces resistance at 1.2910 which is the convergence of the Pivot Point one-month Resistance 1, the Bollinger Band 4h-Middle, the Simple Moving Average 5-one-day, the SMA 200-15m, the SMA 100-one-day, the Fibonacci 23.6% one-day, and more.

Breaking above this level will allow GBP/USD to run higher, opening the road to 1.3004 where we see the Pivot Point one-day R3, and last week's high.

Looking down, Sterling has significant support at 1.2850 where we see the confluence of the Pivot Point one-day Support 1, the SMA 10-one-day, last month's high and also the SMA 200-1h, and the Fibonacci 61.8% one-day.

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