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CAD/JPY 4H Chart: Triangle
Wed, 01 Jun 2016 15:02:08 GMT
 
The Canadian Dollar is in a triangle pattern against the Japanese Yen, as the Loonie bounced off the pattern's upper trend-line yesterday at 85.33 and is moving downwards. At the >>
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EUR/JPY puts strong pressure on 122.80/70
Wed, 01 Jun 2016 14:51:04 GMT
 
Although just yesterday it looked as if support at 122.80/70 is going to hold, today EUR/JPY appears to be focused on breaching both the weekly PP and the recently established >>
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USD/CAD 1H Chart: Triangle
Wed, 01 Jun 2016 14:40:05 GMT
 
The US Dollar is in a narrowing wedge pattern against the Canadian Dollar, as it bounced off the upper pattern line at 1.3127 and started moving downwards. At the moment >>
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ISM Manufacturing Index continues expansion in May
Wed, 01 Jun 2016 14:29:58 GMT
 
Fresh figures released on Wednesday showed that the US manufacturing sector performed better-than-expected in May. The The Institute for Supply Management's Manufacturing PMI rose to 51.3 in the fifth month >>
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Evening Press Review
Wed, 01 Jun 2016 14:26:03 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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NZD/USD opens Wednesday outside channel
Wed, 01 Jun 2016 14:15:08 GMT
 
NZD/USD left the boundaries of the channel that was supposed to guide the pair first to the 200-day SMA and then to the nine-month up-trend. >>
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USD/CAD is headed towards 1.3350/00
Wed, 01 Jun 2016 14:15:00 GMT
 
As noted previously, USD/CAD is well-positioned for a rally towards 1.3350/00, but there its bullish ambitions are likely to come to an end. >>
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US Manufacturing PMI comes in at 50.7
Wed, 01 Jun 2016 14:07:56 GMT
 
According to the latest news released on Wednesday, the final reading of Markit's May Manufacturing Purchasing Managers' Index for the United States came in at 50.7, which was above the preliminary >>
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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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