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USD/JPY breaks resistance and surges
Fri, 05 Jun 2020 13:16:04 GMT
 
At mid-day on Friday, the USD/JPY pierced the resistance of a pivot point at 109.43. Afterwards, it had no resistance as high as the 61.80% Fibonacci retracement level at >>
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GBP/USD reaches another high level
Fri, 05 Jun 2020 12:25:10 GMT
 
A combination of support provided by the 55 and 100-hour simple moving averages caused a surge of the GBP/USD currency exchange rate. By the middle of Friday's GMT trading hours, >>
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EUR/USD reaches another new high level
Fri, 05 Jun 2020 11:59:59 GMT
 
On Thursday, the EUR/USD found support in the 1.1200 level and began a surge. By the middle of Friday's GMT trading hours, the rate had already touched the high level >>
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Gold drops below 1,700.00
Thu, 04 Jun 2020 12:31:52 GMT
 
On Thursday, the yellow metal's price continued the recovery, which started in the aftermath of dropping to the 1,690.00 mark. In the near term future, the commodity price was set to >>
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USD/JPY reaches new high level
Thu, 04 Jun 2020 12:13:29 GMT
 
Eventually, the 108.80 mark did not hold, and the USD/JPY reached above the 109.00 exchange rate level. Moreover, the pair had begun to use the 108.80 level as a >>
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GBP/USD bounces off 1.2600 mark
Thu, 04 Jun 2020 11:32:32 GMT
 
After making three attempts to pass the resistance of the 1.2600 level and the pivot point at 1.2615, the GBP/USD began a decline. By the middle of Thursday's trading, the >>
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EUR/USD reaches target
Thu, 04 Jun 2020 09:40:36 GMT
 
The EUR/USD reached its target at the 1.1250 level. However, the surge did not continue after reaching the target. In the aftermath of touching the 1.1250 mark, the rate declined. By >>
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Gold traders remain long despite drop
Wed, 03 Jun 2020 11:49:06 GMT
 
After another attempt to pass the 1,745.00 price level, the yellow metal dropped. By the middle of Wednesday's trading hours, the commodity price had touched the 1,715.00 level. Economic Calendar Analysis On >>
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USD/JPY continues to surge
Wed, 03 Jun 2020 11:35:51 GMT
 
Instead of consolidating its gains, the USD/JPY continued to surge higher on Tuesday. The surge continued until the rate approached the resistance of the 108.80 mark. By the middle of >>
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GBP/USD reaches 1.2600 level
Wed, 03 Jun 2020 11:04:29 GMT
 
The GBP/USD rate has reached the 1.2600 level, which together with the monthly simple R1 pivot point provided resistance since the late hours of Tuesday. In the near term future, >>
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EUR/USD breaks 1.1200 level
Wed, 03 Jun 2020 10:06:30 GMT
 
As expected, the EUR/USD reached the 1.1200 level. Moreover, the rate passed this level's resistance on Wednesday. Next target for the surge of the EUR/USD was a pivot point at 1.1246. Economic >>
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Gold finds support in SMA
Tue, 02 Jun 2020 13:17:57 GMT
 
Since the middle of Monday's GMT trading hours, the yellow metal's price has been pushed up by the 55-hour simple moving average. However, the metal did not manage to reach above >>
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USD/JPY jumps on Tuesday
Tue, 02 Jun 2020 13:06:21 GMT
 
On Tuesday, the USD/JPY jumped, as it almost reached the 108.50 mark. The surge was expected on Monday, when the rate broke the resistance of three SMAs and a >>
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GBP/USD breaks pattern
Tue, 02 Jun 2020 12:26:11 GMT
 
The GBP/USD did not bounce off the upper trend line of a channel up pattern. Instead, it broke the resistance. By the middle of Tuesday's GMT trading hours, the rate >>
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EUR/USD trades as forecast
Tue, 02 Jun 2020 11:39:46 GMT
 
The EUR/USD managed to pass the resistance of the 1.1150 mark. The event occurred due to the support of the 55-hour SMA pushing the pair up. In regards to the near >>
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