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EUR/USD reacts to FOMC
Thu, 11 Jun 2020 10:17:59 GMT
 
During the last twenty four hours up to the review the EUR/USD had traded with high volatility. The large volatility was caused by the Federal Reserve making announcements on Wednesday >>
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Gold breaks technical resistance
Wed, 10 Jun 2020 12:07:59 GMT
 
At mid-day on Wednesday, the yellow metal pierced technical resistance at 1,722.00 and immediately reached for the 1,725.00 level. Moreover, the metal no longer had any technical resistance as high as >>
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USD/JPY continues decline
Wed, 10 Jun 2020 11:48:50 GMT
 
On Wednesday morning, the decline of the USD/JPY reached the monthly simple pivot point at 107.30. Future forecasts were based upon what would happen at the pivot point. Economic Calendar At 18:00 >>
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GBP/USD passes 1.2750 level
Wed, 10 Jun 2020 10:23:53 GMT
 
The support of the 100-hour simple moving average and the 61.80% Fibonacci retracement level caused a surge on Tuesday. The surge reached the resistance of the 1.2750 level and >>
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EUR/USD retests 1.1385 level
Wed, 10 Jun 2020 09:55:25 GMT
 
The support of the monthly R1 at the 1.1246 level managed to hold on Tuesday. This caused a surge, which passed the resistance of the 55 and 100-hour simple moving >>
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Gold reaches above 1,700.00
Tue, 09 Jun 2020 12:03:40 GMT
 
The recovery of the yellow metal's price continued to recover on Tuesday. During the recovery, it passed the resistance of the 55 and 100-hour simple moving averages and the 1,700.00 >>
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USD/JPY reaches new low level
Tue, 09 Jun 2020 11:35:29 GMT
 
The decline of the USD/JPY currency exchange rate has continued, as by the middle of Tuesday's GMT trading hours the rate had touched the 107.80 mark. In regards to the >>
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GBP/USD drops after reaching 1.2750
Tue, 09 Jun 2020 11:01:41 GMT
 
Despite the support of the 55-hour SMA forcing the rate into testing the 1.2750 level, the rate eventually declined. On Tuesday, the rate had reached back below the 1.2650 exchange >>
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EUR/USD continues decline
Tue, 09 Jun 2020 09:43:08 GMT
 
On Tuesday morning, the EUR/USD passed the support of the 100-hour SMA and the weekly simple pivot point at 1.1259. Due to that reason, the pair faced the support of the >>
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DUK+/EUR remains above 1.5000
Mon, 08 Jun 2020 14:29:08 GMT
 
The forecast of the DUK+/EUR remaining above the 1.5000 mark has become reality. However, it did not surge, the rate has remained flat due to simultaneously facing strong resistance and >>
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Gold recovers after drop
Mon, 08 Jun 2020 13:42:41 GMT
 
Gold's decline stopped at the 1,675.00 level. From that level the commodity price began a recovery. By the middle of Monday's GMT trading the metal had reached above the 1,695.00 >>
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USD/JPY declines on Monday
Mon, 08 Jun 2020 12:54:42 GMT
 
The surge of the USD/JPY ended at the resistance of a 61.80% Fibonacci retracement level at the 109.83 level. This technical level caused a decline. By the middle of Monday's >>
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GBP/USD bounces off 1.2730
Mon, 08 Jun 2020 12:44:33 GMT
 
After two attempts to pass the 1.2730 level, the GBP/USD retreated to on Monday. By the middle of the day's European trading hours, the currency exchange rate had reached the >>
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EUR/USD bounces off pivot point
Mon, 08 Jun 2020 12:14:35 GMT
 
At the end of last week, the resistance of the monthly pivot point at 1.1385 managed to hold and cause a decline of the EUR/USD. On Monday, the rate was approaching >>
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Gold drops on good US news
Fri, 05 Jun 2020 13:52:39 GMT
 
As better than expected US employment data was released on Friday, the yellow metal's price plummeted due to the anticipated strength of the US Dollar. The Bureau of Labor Statistics released >>
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