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Gold trades sideways
Fri, 27 Mar 2020 14:53:41 GMT
 
As expected, the yellow metal did another test of the resistance of the 1,640.00 level. The price failed to surge higher and retreated to the support of the 55-hour simple >>
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USD/JPY traders get it right
Fri, 27 Mar 2020 14:33:06 GMT
 
The USD/JPY declined even more than expected during the last 24 hours. Moreover, it continues to plummet, as, at the time of writing, the rate was heading to the >>
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GBP/USD traders take profits
Fri, 27 Mar 2020 13:29:41 GMT
 
On Friday, the GBP/USD was testing the resistance of the 1.2300 level while being supported by the 1.2150. Meanwhile, the rate ignored pivot points, as round price levels were >>
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EUR/USD reaches target
Fri, 27 Mar 2020 12:33:26 GMT
 
As laid out in the main forecast on Thursday, on Friday the EUR/USD reached the targeted 1.1080 level. At that level the pair met with the resistance of a >>
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Gold finds support in 1,600.00
Thu, 26 Mar 2020 13:04:39 GMT
 
After testing the support of the 1,600.00 level for four times since Wednesday morning, the yellow metal began to surge on Thursday. It occurred, as the commodity price got approached >>
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USD/JPY traders are in the green
Thu, 26 Mar 2020 12:36:15 GMT
 
The 111.50 level held after five attempts to break it. The USD/JPY has plummeted, as it passed all of the support levels from 110.80 to 111.30. By the middle of >>
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GBP/USD bullish traders profit
Thu, 26 Mar 2020 12:25:22 GMT
 
As expected, the GBP/USD looked for support in the 55 and 100-hour SMAs, which caused a rates surge. By the middle of Thursday's GMT trading hours, the currency exchange >>
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EUR/USD could reach 1.1000
Thu, 26 Mar 2020 11:48:40 GMT
 
On Thursday, the EUR/USD was heading to the 1.1000 level. The surge was mainly attributed to a decline of the US Dollar that was caused by the US government >>
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Gold consolidates gains
Wed, 25 Mar 2020 14:23:38 GMT
 
The surge of the yellow metal eventually bounced off the 1,640.00 level and declined to the 1,600.00 level. The decline was seen as a consolidation of the commodity price before resuming >>
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USD/JPY remains below 111.50
Wed, 25 Mar 2020 13:57:09 GMT
 
As expected, the USD/JPY tested the 111.50 level for a third time and failed at passing it. On Wednesday, another attempt was expected. In general, the rate was set >>
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GBP/USD almost touches 1.2000
Wed, 25 Mar 2020 13:33:28 GMT
 
On Wednesday morning, the weekly PP at 1.1838 and the 200-hour SMA at 1.1896 were pierced. However, after shortly trading above the 1.1950 level, the GBP/USD declined below the >>
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EUR/USD is pushed up by SMA
Wed, 25 Mar 2020 12:39:21 GMT
 
During the 24 hours up to the writing of this article, the EUR/USD had failed at attempts to surge. The pair retreated until it found support in the 55-hour >>
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DUK+/EUR is approached by support
Tue, 24 Mar 2020 14:58:13 GMT
 
As the DUK+/EUR currency exchange rate continues to trade sideways near the 1.7500 level, it has been approached by a technical support level. Namely, the 100-day simple moving average has >>
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Gold reaches 1,620.00 level
Tue, 24 Mar 2020 13:55:30 GMT
 
On Tuesday, the yellow metal's price passed the 1,600.00 level and touched the 1,620.00 mark. By the middle of the day's GMT trading hours, the 1,620.00 was keeping the commodity price >>
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USD/JPY remains below 111.50 level
Tue, 24 Mar 2020 13:44:10 GMT
 
On Tuesday, the rate continued to trade near the trading levels of the past few trading sessions. Moreover, it was expected that the pair could test the resistance of >>
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