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Manufacturing activity improves in Germany, UK and Euro zone
Wed, 01 Jun 2016 12:39:11 GMT
 
Germany's final manufacturing PMI for the fifth month came in at 52.1, following the 52.4 reading reported earlier and April's 51.8 result. Meanwhile, final PMI figures for the UK came >>
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Gold rebounds from March low
Wed, 01 Jun 2016 09:19:18 GMT
 
The final day of May surprised traders with the bullion rising after nine-day losses that began after expectations for a Federal Reserve interest rate hike skyrocketed amid the latest Fed's >>
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EUR/USD's 200-day SMA moves lower, still a target
Wed, 01 Jun 2016 09:18:27 GMT
 
Contrary to this week's gains of the Euro, the currency did not manage to post solid gains against its counterparts on Tuesday. >>
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USD/JPY fails to reach 112 yen
Wed, 01 Jun 2016 08:43:02 GMT
 
US Dollar's performance yesterday was mixed, even though the main releases missed the expectations by a wide margin. >>
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Gold revives for the first time in ten days
Wed, 01 Jun 2016 08:40:14 GMT
 
For the first time in ten days the bullion has finally gained value on Tuesday of this week. The price rebounded only slightly, and after touching the 100-day SMA at >>
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USD/JPY fails to reach 112 yen
Wed, 01 Jun 2016 08:29:07 GMT
 
USD/JPY turned around before reaching the upper bound of the channel, and the currency pair is now testing the up-trend and 55-day SMA at 110 yen. >>
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GBP/USD at risk of forming double top
Wed, 01 Jun 2016 08:18:04 GMT
 
While trading within a rather poorly defined bullish channel (since late February), the Cable appears to be forming a double top with peaks on May 2 and May 25. >>
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EUR/USD bounces off 200-hour SMA
Wed, 01 Jun 2016 08:07:10 GMT
 
EUR/USD continued its rally in the first half of Tuesday and reached the 200-hour SMA at 1.1170. >>
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GBP/USD at risk of forming double top
Wed, 01 Jun 2016 07:51:43 GMT
 
There were no significant reports on the UK economy yesterday, but the Pound fell precipitously on Tuesday against its major counterparts amid the latest rolls showing more people willing to >>
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Dukascopy Aggregate Technical Indicator Morning
Wed, 01 Jun 2016 07:22:06 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min, 1H, 4H and 1D time frame charts for major pairs for the last 144 periods till 07:30 GMT. >>
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AUD/JPY 4H Chart: Rectangle
Wed, 01 Jun 2016 06:49:04 GMT
 
Following the Apr 27-May 6 sell-off AUD/JPY entered a horizontal trend. This pattern now implies that the rallies will be contained by resistance at 80.50, while dips will be limited >>
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XAU/USD 1H Chart: Channel Up
Wed, 01 Jun 2016 06:38:47 GMT
 
For the time being our outlook on gold is bullish. The price has recently broken a falling resistance line and established a high-quality ascending channel. Additionally, most of the near-term >>
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China's official manufacturing PMI remains unchanged at 50.1
Wed, 01 Jun 2016 05:49:04 GMT
 
China's official factory gauge stayed above the dividing line that signals improving conditions for a third month. >>
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Canada's economy grew at 2.4% pace from January to March
Wed, 01 Jun 2016 05:38:03 GMT
 
The Canadian economy narrowed in March for a second consecutive month as real gross domestic product grew at a slower-than-expected pace for the first three months of the year. >>
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US consumer confidence unexpectedly fell in May
Wed, 01 Jun 2016 05:27:04 GMT
 
In line with a drop noted in the preceding month, a report on consumer confidence released on Tuesday showed that the negative tendency is developing. >>
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