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Gold reaches resistance lines
Wed, 08 Jul 2020 08:35:41 GMT
 
The yellow metal has broken the resistance of the 1,785.00/1,790.00 resistance zone in a sharp swing move upwards. The swing was stopped by the upper trend line of a rising wedge >>
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USD/JPY reveals patterns
Wed, 08 Jul 2020 07:56:59 GMT
 
During the last twenty four hours up to the GMT time zone morning, the USD/JPY revealed two channel patterns. Namely, a medium scale channel up pattern and a junior >>
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GBP/USD reaches target
Wed, 08 Jul 2020 07:18:29 GMT
 
The 55 and 100-hour simple moving averages provided the GBP/USD with the needed support to start a surge. On Tuesday, the surge reached the weekly R1 pivot point at >>
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EUR/USD finds support in 100-hour SMA
Wed, 08 Jul 2020 07:04:08 GMT
 
The decline of the EUR/USD was stopped by the technical support of the 100-hour simple moving average. On Wednesday morning, the pair continued to be supported by the SMA. However, >>
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Gold remains below 1,785.00
Tue, 07 Jul 2020 12:07:58 GMT
 
The yellow metal failed at the attempt to pass the resistance zone of the 1,785.00 and 1,790.00 levels. On Tuesday, the rate declined and reached the 1,775.00 level, which was about >>
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USD/JPY remains below 107.75
Tue, 07 Jul 2020 11:38:16 GMT
 
The decline of the USD/JPY on Monday reached the 107.25 level. However, by the middle of Tuesday's GMT trading hours, the rate had recovered and reached above 107.75. At mid-day >>
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GBP/USD remains near 1.2500
Tue, 07 Jul 2020 11:10:10 GMT
 
The 1.2520 level stopped the GBP/USD exchange rate's attempts to surge throughout Monday and early Tuesday. By the middle of the day's GMT trading hours, the rate had dipped down >>
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EUR/USD declines on Tuesday
Tue, 07 Jul 2020 10:43:31 GMT
 
On Monday, the EUR/USD reached the 1.1346 level before it began a decline. By the middle of Tuesday's GMT trading hours, the decline had reached the 1.1260 mark. In the >>
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Dukascoin declines after surge
Mon, 06 Jul 2020 14:05:35 GMT
 
As the 200-day simple moving average moved higher, the DUK+/EUR exchange rate surged. The rate reached the 1.5700 mark, where it encountered resistance and began a decline. On July 6, the >>
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Gold reaches 1,785.00
Mon, 06 Jul 2020 12:59:22 GMT
 
On Monday, the metal's price began a surge. The surge was caused by the support of the 200-hour simple moving average. By the middle of Monday's GMT trading hours, the >>
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USD/JPY increases volatility
Mon, 06 Jul 2020 12:33:08 GMT
 
As expected, the USD/JPY made a sharp move. Namely, the rate started the week's trading with a surge up to the 107.75 level. However, the 107.75 mark provided resistance and >>
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GBP/USD traders long a surge
Mon, 06 Jul 2020 12:06:25 GMT
 
At mid-day on Monday, the GBP/USD broke the medium channel down pattern of the hourly candle chart. The event signalled that the currency exchange rate could continue to surge. In >>
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EUR/USD likely to surge
Mon, 06 Jul 2020 11:39:42 GMT
 
The EUR/USD has started the week with a surge. By the middle of Monday's GMT trading hours, the currency exchange rate had reached the resistance of the 1.1300 level. The >>
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Gold dips on Thursday
Fri, 03 Jul 2020 14:24:54 GMT
 
On Thursday, the yellow metal's price suddenly plummeted and then immediately returned to the previous level. This event was caused by the release of the US employment data. On Friday, the >>
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USD/JPY still trades sideways
Fri, 03 Jul 2020 13:55:58 GMT
 
Since the middle of Wednesday's GMT trading hours, the USD/JPY has continued to trade near the 107.50 mark. However, on Friday, the rate decreased volatility, which signalled that the pair >>
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