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EUR/USD tests 100-hour SMA
Mon, 13 Jan 2020 09:10:55 GMT
 
During Monday morning, the EUR/USD currency pair was testing the resistance provided by the 100-hour SMA at 1.1126. If the given resistance holds, it is likely that a reversal south could >>
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Gold trades sideways
Fri, 10 Jan 2020 11:31:50 GMT
 
On Friday, the yellow metal traded above the support of the 200-hour simple moving average, which was supported by the R1 monthly pivot point at 1,544.31. In general, the price was >>
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USD/JPY pierces long term resistance levels
Fri, 10 Jan 2020 11:20:42 GMT
 
After many attempts, the USD/JPY managed to pass the resistance of the 50.00% Fibonacci retracement level, which was located at the 109.58 level. By the middle of Friday's London trading session, >>
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GBP/USD reaches 55-hour SMA
Fri, 10 Jan 2020 10:40:50 GMT
 
The retracement back up of the GBP/USD met with the resistance of the 55-hour SMA, which stopped the surge on Friday morning near the 1.3090 level. The future forecast scenarios were >>
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EUR/USD could get squeezed in
Fri, 10 Jan 2020 10:16:22 GMT
 
The situation on the EUR/USD charts has not changed, as the pair traded sideways since Thursday. However, during the Friday's London trading morning hours, the 55-hour SMA approached the rate and >>
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Gold retraces back down
Thu, 09 Jan 2020 12:06:04 GMT
 
The yellow metal declined on Thursday, as risk on sentiment returned in the markets. By the middle of the day's London trading hours, the rate had reached the support of >>
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USD/JPY reacts to fundamentals
Thu, 09 Jan 2020 11:36:34 GMT
 
As expected, the USD/JPY has continued to represent the risk on versus run to safety sentiments. The latest announcements of Iran standing down and the US not escalating have been >>
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GBP/USD drops on Thursday
Thu, 09 Jan 2020 11:19:07 GMT
 
During Thursday's morning hours, the GBP/USD dropped to the 1.3020 level, where it found support and began a retracement back up. In the meantime, the pair had broken off the resistance >>
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EUR/USD reaches target
Thu, 09 Jan 2020 10:46:35 GMT
 
The EUR/USD reached the targeted weekly S1 pivot point that is located at the 1.1112 level. The rate managed to pierce this level before starting to trade sideways. In general, the >>
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Gold reaches new high
Wed, 08 Jan 2020 13:19:12 GMT
 
The Iranian government fired rockets at US bases in Iraq. The news caused a spike of gold prices. However, as soon as it was revealed that there were no casualties, >>
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USD/JPY reacts to news
Wed, 08 Jan 2020 12:30:37 GMT
 
By the middle of Wednesday's London trading hours, the USD/JPY reached the resistance of the 200-hour simple moving average at 108.82. However, take into account that before the rate recovered >>
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GBP/USD drops below support levels
Wed, 08 Jan 2020 12:10:52 GMT
 
On Wednesday, the GBP/USD passed the support of the 200-hour SMA, which kept it from declining since the middle of Tuesday. This event signalled that a decline of the pair >>
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EUR/USD continues to decline
Wed, 08 Jan 2020 11:37:12 GMT
 
The EUR/USD exchange rate has continued to decline. By the middle of Wednesday's trading, the pair had reached below the 1.1130 and continued to decline. In the meantime, take into account >>
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Dukascoin has no resistance
Tue, 07 Jan 2020 12:32:40 GMT
 
DUK+/EUR started the year by breaking the resistance of the 1.3800 level, which kept it down at the end of last year. In general, the rate had only the resistance >>
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Gold bounces off high level
Tue, 07 Jan 2020 11:40:30 GMT
 
After reaching a seven year high on US-Iran tensions, the yellow metal began to retreat. The price declined to the support of the 55-hour simple moving average and reversed at >>
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