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EUR/USD trades flat near 1.1020
Tue, 28 Jan 2020 11:45:16 GMT
 
Since the middle of Monday's GMT trading hours, the EUR/USD has traded almost flat near the 1.1020 level. In the meantime, the rate was being approached by the 55-hour simple moving >>
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Gold trades at 1,585.00 area
Mon, 27 Jan 2020 10:22:32 GMT
 
On Monday morning, the price for gold jumped to the 1,585.00 level. It is likely that yellow metal could consolidate in the 1,580.00 area against the US Dollar >>
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USD/JPY tests support level
Mon, 27 Jan 2020 10:15:14 GMT
 
During Monday morning, the USD/JPY currency pair was testing the support level formed by the weekly S1 and the monthly PP at 108.90. If the given level holds, it is likely >>
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GBP/USD remains below 1.3140
Mon, 27 Jan 2020 10:07:14 GMT
 
During Monday morning, the GBP/USD exchange rate was trading between the 55- and 200-hour moving averages. If the given moving averages hold, it is likely that the British >>
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EUR/USD is below 1.1040
Mon, 27 Jan 2020 09:55:06 GMT
 
During Monday morning, the EUR/USD was trading at the 1.1030 area. The pair could gain support of the lower boundary of the short-term descending channel and reverse north in the nearest >>
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Gold follows wedge pattern
Fri, 24 Jan 2020 12:56:52 GMT
 
The recently discovered wedge pattern enforced its borders on Thursday. The metal's price bounced off its lower trend line and reached the January 21 high level. By the middle of Friday's >>
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USD/JPY retraces back up
Fri, 24 Jan 2020 12:49:19 GMT
 
The decline of the USD/JPY stopped at the 109.27 level and began a retracement back up. The retracement reached the 55-hour simple moving average on Friday, which signaled that the >>
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GBP/USD trades with high volatility
Fri, 24 Jan 2020 12:28:57 GMT
 
On Friday morning, the GBP/USD traded with almost 100 pip volatility during a period of one hour. The volatility ended with the rate trading below the 1.3100 level. At the time >>
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EUR/USD drops to 1.1030
Fri, 24 Jan 2020 11:47:50 GMT
 
As forecast on Thursday, the EUR/USD declined. The push for the rate's decline was the ECB Monetary Policy Statement, which revealed that the creation of the EUR currency would continue. >>
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Gold reveals wedge pattern
Thu, 23 Jan 2020 12:03:40 GMT
 
On Thursday, gold continues to trade around the hourly simple moving averages. In the meantime, Dukascopy Analytics spotted a rising wedge pattern that captures the rates movements after the Iran-US >>
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USD/JPY continues to decline
Thu, 23 Jan 2020 11:22:36 GMT
 
By the middle of Thursday's London trading hours, the USD/JPY had hit the low level of 109.50. In addition, during the decline that has been occurring since the Bank of Japan >>
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GBP/USD trades sideways
Thu, 23 Jan 2020 11:01:58 GMT
 
The GBP/USD managed to pass the resistance of the 1.3100 level. On Wednesday, the rate surged to the 1.3150 level, below which it began to trade sideways. In the meantime, >>
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EUR/USD daily chart is in focus
Thu, 23 Jan 2020 09:53:34 GMT
 
On Thursday morning, the EUR/USD continued to trade near previous day's trading levels, as it fluctuated near the 1.1080 mark. However, the rate had pierced the support of the 1.1080 >>
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Gold trades sideways
Wed, 22 Jan 2020 12:27:38 GMT
 
Since the middle of Tuesday's GMT trading hours, the yellow metal has fluctuated in a ten dollar range between 1,550.00 and 1,560.00. Both of these levels were providing the psychological impact >>
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USD/JPY trades between SMAs
Wed, 22 Jan 2020 12:12:46 GMT
 
The decline of the USD/JPY that was caused by the Bank of Japan continued after retracing back up to the resistance of the 55 and 100-hour SMAs. Eventually, a low >>
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