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UK services sector continues to grow, but remains below 3-year average trend rate
Thu, 04 Feb 2016 07:15:04 GMT
 
The British dominant services sector continued to expand in January, albeit concerns about financial market turbulence and the possibility of "Brexit" pushed business morale to the lowest level in three >>
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US labour market continues to strengthen, services sector falters
Thu, 04 Feb 2016 07:04:05 GMT
 
Even though the private sector hiring rose at a slower pace, the US private companies continued to add a robust number of jobs to the economy in January. >>
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EUR/CHF 1H Chart: Ascending Triangle
Thu, 04 Feb 2016 06:53:24 GMT
 
EUR/CHF is in a good position to resume its journey further north, as an ascending triangle implies growing demand for the Euro. In the very short term the price is >>
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EUR/SEK 1H Chart: Channel Up
Thu, 04 Feb 2016 06:53:19 GMT
 
There is a bullish pattern emerging in the hourly chart of EUR/SEK. However, we do not expect an immediate rally, being that the currency pair is currently trading right at >>
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Euro zone retail sales increase; producers cut prices
Thu, 04 Feb 2016 06:43:06 GMT
 
Businesses in the Euro zone began the year on a firmer footing than first estimated. Markit's final composite PMI rose to 53.6 in January, compared with the flash reading of >>
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NZD/USD erodes resistance up-trend
Wed, 03 Feb 2016 15:34:06 GMT
 
The Kiwi was expected to undergo a correction in a more gradual manner—within the recently established channel. >>
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Evening Press Review
Wed, 03 Feb 2016 15:23:18 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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Dukascopy Aggregate Technical Indicator Afternoon
Wed, 03 Feb 2016 15:12:09 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 16:30 GMT. >>
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USD/CAD lunges at 1.3940
Wed, 03 Feb 2016 15:01:07 GMT
 
The initial reaction after USD/CAD touched the trend-line was bullish, but today the Greenback remains under heavy selling pressure, as it failed to recover past the weekly pivot point. >>
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AUD/USD to stabilise at 0.7050/40
Wed, 03 Feb 2016 14:50:33 GMT
 
Yesterday, the Aussie completed a correction within the bullish channel, meaning today the currency is likely to close in green. >>
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EUR/JPY steps away from 132 yen
Wed, 03 Feb 2016 14:50:22 GMT
 
After several attacks on 132 yen the Euro retreated, and the price is already back at the trend-line we left last Friday. >>
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Market Research: JPY
Wed, 03 Feb 2016 14:33:04 GMT
 
Without a doubt the Japanese Yen was the worst performing currency of the period ended February 2. The Bank of Japan's interest rate decision was quite unexpected for many market >>
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GBP/NZD 4H Chart: Triangle
Wed, 03 Feb 2016 14:22:07 GMT
 
GBP/NZD keeps filling space between two boundaries of the current triangle pattern, where it has been hovering since early December 2015. Current move implies a down-leg to 2.18 where the >>
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GBP/JPY 1H Chart: Channel Up
Wed, 03 Feb 2016 14:11:08 GMT
 
The Sterling received support from the first daily demand line at 172.19, which was earlier reinforced by 100-hour SMA. Market expectations are improving, and even technical indicators provide us with >>
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USD/JPY chooses bearish path
Wed, 03 Feb 2016 09:51:37 GMT
 
Yesterday, the US Dollar was among the currencies that showed mixed performance, mainly because of a lack of US economic releases. >>
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