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GBP/USD jumps on Monday
Mon, 20 Jul 2020 15:27:46 GMT
 
On Monday, GBP/USD jumped. Namely, the currency exchange rate found support in 1.2520 and surged by one percent up to the 1.2646 level, where it met with the resistance >>
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EUR/USD reaches above 1.1450
Mon, 20 Jul 2020 13:28:21 GMT
 
On Monday, the EUR/USD started the week by breaking the resistance of a 50.00% Fibonacci retracement level. However, after passing the resistance, the rate experienced a sharp drop and retreated >>
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Gold is likely to decline
Fri, 17 Jul 2020 10:21:56 GMT
 
The XAU/USD exchange rate re-tested the psychological level at 1,796.00. From a theoretical point if view, it is likely that the rate could trade downwards within the given trend. Economic Calendar Analysis Next >>
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USD/JPY remains below 107.40
Fri, 17 Jul 2020 10:11:26 GMT
 
Yesterday, the USD/JPY currency pair reversed south from the 107.40 level. It is likely that the pair could gain support from the 55- and 100-hour SMAs, as well the weekly >>
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GBP/USD could go downwards
Fri, 17 Jul 2020 09:56:17 GMT
 
The GBP/USD exchange rate jumped to 1.2620 level, however, failed to exceed it. Given that the rate is pressured by the moving averages, it is likely that some downside potential >>
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EUR/USD trades above 1.1380
Fri, 17 Jul 2020 09:35:24 GMT
 
The EUR/USD currency pair has gained support from the 100-hour moving average near 1.1390. Meanwhile, note that the pair could face the resistance of the weekly R2 at 1.1432. Economic Calendar >>
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Gold trades at 1,800.00
Thu, 16 Jul 2020 10:22:01 GMT
 
The XAU/USD exchange rate resumed to trade within the short-term descending channel. From a theoretical point if view, it is likely that the rate could trade downwards within the given trend. Economic >>
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USD/JPY remains below 107.40
Thu, 16 Jul 2020 10:16:03 GMT
 
Yesterday, the USD/JPY currency pair tumbled to the psychological level at 106.70. From a theoretical perspective, it is likely that the pair could continue to trade downwards within a newly >>
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GBP/USD revealed descending trend
Thu, 16 Jul 2020 10:09:58 GMT
 
The GBP/USD exchange rate revealed a short-term descending channel. From a theoretical point of view, it is likely that some downside potential could prevail in the market. Economic Calendar On Thursday, >>
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EUR/USD trades below 1.1440
Thu, 16 Jul 2020 09:58:54 GMT
 
During Thursday morning hours, the EUR/USD currency pair resumed to trade within the short-term ascending channel. From a theoretical perspective, it is likely that some downside potential could prevail. Economic >>
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Gold remains below 1,815.00
Wed, 15 Jul 2020 10:02:13 GMT
 
The XAU/USD exchange rate continued to decline within the short-term descending channel. From a theoretical point if view, it is likely that the rate could trade downwards within the given channel. Economic >>
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USD/JPY trades below 107.00
Wed, 15 Jul 2020 09:57:21 GMT
 
During Wednesday morning hours, the USD/JPY currency pair dropped below 107.00. It is likely that the pair could gain support from the Fibo 38.20% at 106.86 and reverse north in >>
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GBP/USD trades at 1.2600
Wed, 15 Jul 2020 09:49:38 GMT
 
Yesterday, the GBP/USD exchange rate reversed north from the support formed by the weekly S1 and the monthly PP in the 1.2500 area. During Wednesday morning, the rate was trading >>
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EUR/USD reached 1.1440
Wed, 15 Jul 2020 09:38:00 GMT
 
During Wednesday morning hours, the EUR/USD currency pair broke the upper line of the short-term ascending channel. Note that the pair could face the resistance level – the Fibo 50.00%, >>
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Gold trades at 1,800.00
Tue, 14 Jul 2020 09:54:20 GMT
 
The XAU/USD exchange rate revealed a short-term descending channel. From a theoretical point of view, it is likely that the rate could trade downwards within the given channel. Economic Calendar Analysis This week, >>
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