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EUR/USD tests resistance cluster
Mon, 20 Apr 2020 10:45:20 GMT
 
The EUR/USD started the week by testing a strong resistance cluster near 1.0900. It was expected that the pair would be kept down by various technical resistance levels. Economic Calendar >>
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Gold could get squeezed
Fri, 17 Apr 2020 12:16:28 GMT
 
The bearish scenario of the metal's price has become reality, as the bullion has declined to the 200-hour simple moving average near 1,685.00. In regards to the future, the price is >>
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USD/JPY tests 108.00 level
Fri, 17 Apr 2020 12:02:37 GMT
 
Since the start of Wednesday's trading session, the USD/JPY has made two attempts to pass the resistance of the 108.00 level. By mid-day on Friday, the rate was about >>
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GBP/USD tests Fibonacci retracement
Fri, 17 Apr 2020 10:43:46 GMT
 
On Thursday, the GBP/USD rate's bounce off from a 50.00% Fibonacci retracement level was reversed by the 55 and 100-hour simple moving averages. By mid-day on Friday, the pair >>
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EUR/USD reaches 1.0820
Fri, 17 Apr 2020 09:42:26 GMT
 
The favoured forecast of Thursday has become reality, as the EUR/USD has declined. On Thursday, the pair touched the support of the weekly simple pivot point at 1.0823 and >>
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Gold could test 1,740.00
Thu, 16 Apr 2020 11:04:01 GMT
 
On Thursday, the yellow metal's price ended trading just above the 1,710.00 level, as the rate attempted a surge. However, by mid-day the bullion still remained below 1,740.00 mark. In >>
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USD/JPY breaks pattern
Thu, 16 Apr 2020 10:52:30 GMT
 
The pattern, which was revealed by the USD/JPY on Tuesday, was broken at midnight to Thursday. The rate broke out to the upside and reached the 108.00 level. At that >>
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GBP/USD passes below 1.2500
Thu, 16 Apr 2020 10:16:48 GMT
 
As expected, the GBP/USD passed the support of the 1.2500 level. However, the following decline was immediately stopped by the 1.2450 level, which caused a surge to the weekly >>
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EUR/USD reaches 1.0860
Thu, 16 Apr 2020 09:26:12 GMT
 
The break out of the rising wedge on Wednesday quickly reached the 1.0860 mark, where it found support. In the meantime, the rate traded with high volatility, as it >>
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Gold retreats to SMA
Wed, 15 Apr 2020 15:36:27 GMT
 
After almost touching the 1,750.00 mark on Tuesday, the yellow metal declined to the 55-hour SMA near the 1,710.00 level. The metal's price was expected to trade sideways until it would >>
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USD/JPY bounces off 107.00
Wed, 15 Apr 2020 12:51:57 GMT
 
As it was speculated on Tuesday, the 107.00 level provided the USD/JPY exchange rate with the needed support for a rebound. By the middle of Wednesday's GMT trading hours, >>
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GBP/USD trades at 1.2500
Wed, 15 Apr 2020 11:54:03 GMT
 
At mid-day on Wednesday, the rate was testing the support of the 1.2500 level. In the meantime, the pair had passed the support of the 100-hour simple moving average >>
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EUR/USD breaks out downwards
Wed, 15 Apr 2020 11:40:25 GMT
 
By the middle of Wednesday's GMT trading hours, the EUR/USD currency exchange rate broke out of the ascending wedge pattern to the downside. It occurred in a sharp 30 >>
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DUK+/EUR trades sideways
Tue, 14 Apr 2020 12:47:20 GMT
 
As it was expected, the DUK+/EUR exchange rate did not decline. The pair found support in the 1.3000 level and traded above it since April 9. Meanwhile, in regards to the >>
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Gold reaches 1,720.00 level
Tue, 14 Apr 2020 12:24:26 GMT
 
The yellow metal trades above the 1,700.00 level. By the middle of Tuesday's GMT trading hours, the rate had almost reached the 1,730.00 level. However, additional gains were not expected, as >>
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