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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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EU unemployment rate hits 7-year low; CPI contracts
Wed, 01 Jun 2016 05:16:04 GMT
 
The jobless rate in the Euro zone remained at its lowest level since August 2011 in April, but was still higher than before the crisis. >>
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USD/CAD to meet ceiling at 1.3360/10
Tue, 31 May 2016 15:23:06 GMT
 
Assuming that a recovery from 1.25 is a bullish correction after this year's massive sell-off from 1.46, the rate is likely to rise 250 pips more before resuming the decline. >>
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AUD/USD probes 200-day SMA
Tue, 31 May 2016 15:12:15 GMT
 
The latest decline from 0.78 has already offset a half of this year's gains and AUD/USD stands ready to go even lower. >>
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NZD/USD marches towards 66 cents
Tue, 31 May 2016 15:01:03 GMT
 
At this very moment NZD/USD is forming a bearish channel, and the pattern together with the majority of technical indicators suggests that the New Zealand Dollar will confirm resistance at >>
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EUR/JPY recovers from 122.50
Tue, 31 May 2016 15:00:49 GMT
 
EUR/JPY keeps respecting the recently stablished up-trend, implying that near-term sell-offs are to be limited by 122.80 yen. >>
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Chicago PMI falls below 50.0 in May
Tue, 31 May 2016 14:43:07 GMT
 
The Chicago area's PMI for the fifth month of the year came out worse-than-expected. The Institute for Supply Management's Chicago Purchasing Managers' Index dropped to 49.3 in May, following April's 50.4 reading and posting >>
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Mood of US shoppers worsens in May
Tue, 31 May 2016 14:32:07 GMT
 
Sentiment among American consumers unexpectedly worsened in May, according to the latest news released on Tuesday. The Index of Consumer Confidence based on the Conference Board's survey dropped to 92.6 during >>
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Paul Rosenberg, Market Analyst at www.economiccalendar.com, on USD/CAD
Tue, 31 May 2016 14:31:13 GMT
 
On the US side, the indicators were mixed last week, as housing data was solid, while durable goods orders came out weak. Besides, GDP posted a lukewarm gain of 0.8%, >>
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Dukascopy Aggregate Technical Indicator Afternoon
Tue, 31 May 2016 14:29:03 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 15:30 GMT. >>
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Evening Press Review
Tue, 31 May 2016 14:18:04 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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CAD/CHF 4H Chart: Channel Up
Tue, 31 May 2016 14:07:03 GMT
 
While in the long run the CAD/CHF cross has just confirmed the triangle pattern, in the short-term it is trading to the upside. The pace of growth is expected to >>
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