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Technical Analysis

Weekly Market Outlook: Brexit talks, FOMC and Oil are in focus


Weekly Market Outlook: Brexit talks, FOMC and Oil are in focus

In a relatively quiet week of high impact economic news announcements, there are some big picture narratives to keep an eye on.

Brexit talks resume this week and traders will be looking for much more progress than in last month's talks which were seen as 'cr

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DAX30 bulls fail to hold 13,000 points – 12,800 about to break?


DAX30 bulls fail to hold 13,000 points – 12,800 about to break?

Source: Economic Events August 17, 2020 - Admiral Markets' Forex Calendar

With the push back above 13,000 points last week on Tuesday, bulls seemed to have everything under control and the path seemed to have been levelled for a deep run back above 13,000 p

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US yields in a dead cat bounce and is the EURUSD to break 1.2000?


Despite the recent surge in US yields and the correction in the US-Dollar, the Euro has performed strongly against the Greenback – will we soon see 1.2000 in this currency pair?

US yields in a dead cat bounce and is the EURUSD to break 1.2000?

Economic events

Source: Economic Events August 14, 2020 - Admiral Markets' Forex Calendar


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Gold with first weekly close above 2,000 USD – further gains ahead?


Gold with first weekly close above 2,000 USD – further gains ahead?

Economic events August 12 2020

Source: Economic Events August 12, 2020 - Admiral Markets' Forex Calendar


With a closing above 2,000 USD last Friday, the yellow metal saw its first-ever weekly close above this level. Despite the sell-off on Tuesday in which the precious metal lost mor

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DAX30 neutral between 12,500 and 12,800 - but with a bullish touch


DAX30 neutral between 12,500 and 12,800 - but with a bullish touch

Economic events calendar

Source: Economic Events August 10, 2020 - Admiral Markets' Forex Calendar


Over the last trading week, the German DAX30 worked within a clearly identifiable range, and the technical levels to watch are between 12,500 and 12,800 points.

After the Germ

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