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Gold finds support in SMAs
Tue, 19 Nov 2019 13:16:58 GMT
 
Gold has retreated and found support in the hourly simple moving averages near the 1,465.00 level. At the start of the second part of Tuesday's trading, the commodity price was >>
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USD/JPY tests resistance cluster
Tue, 19 Nov 2019 12:33:22 GMT
 
The USD/JPY was testing resistance levels from 108.70 to 108.90 on Tuesday morning. By the middle of the day's London trading session, the rate had made a failed attempt to >>
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GBP/USD drops to 55-hour SMA
Tue, 19 Nov 2019 12:04:18 GMT
 
On Tuesday, GBP/USD changed its direction and dropped to the support of the 55-hour simple moving average at 1.2930. Future forecasts were based upon what would happen at the simple moving >>
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EUR/USD consolidates by trading sideways
Tue, 19 Nov 2019 11:42:43 GMT
 
During the first half of Tuesday's London trading, the EUR/USD currency exchange rate traded sideways between 1.1065 and 1.1080. The rate was consolidating in the aftermath of the surge, which >>
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Gold reaches target
Fri, 15 Nov 2019 12:57:22 GMT
 
On Thursday, gold reached the targeted S1 of the simple pivot points at the 1,475.18 level. Moreover, the level was also strengthened by the 200-hour simple moving average, which was >>
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USD/JPY recovers losses
Fri, 15 Nov 2019 12:46:46 GMT
 
Since Thursday's noon, the USD/JPY has been recovering from the decline, which started on November 8. By the middle of Friday's trading, the rate had broken the resistance of the 55-hour >>
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GBP/USD traders remain short despite surge
Fri, 15 Nov 2019 12:15:01 GMT
 
The breaking of the resistance of the 200-hour SMA resulted in the GBP/USD almost reaching the 1.2890 level. By the middle of Friday's trading the rate had retreated from this level >>
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EUR/USD follows daily chart
Fri, 15 Nov 2019 11:36:02 GMT
 
The EUR/USD managed to find support in the 1.0990 level and surge. On Friday, the rate had ended the surge, as it met resistance at 1.1030. In regards to the near >>
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Gold surges as expected
Thu, 14 Nov 2019 10:59:53 GMT
 
The recovery of gold's price continues. By the middle of Thursday's trading the yellow metal had reached the 1,470.00 level. In regards to the future, the commodity price is still >>
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USD/JPY decline reaches 108.60
Thu, 14 Nov 2019 10:42:57 GMT
 
The USD/JPY continued its decline on Wednesday and Thursday morning. By the middle of Thursday's London trading hours, the USD/JPY touched the 108.60 level. The rate was expected to reach the >>
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GBP/USD pierces 200-hour SMA
Thu, 14 Nov 2019 09:56:03 GMT
 
On Thursday, the GBP/USD signalled that the rate has ended its volatile sideways trading by breaking the resistance of the 200-hour simple moving average. If a surge follows, the rate should >>
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EUR/USD touches new low level
Thu, 14 Nov 2019 09:23:38 GMT
 
On Thursday morning, the EUR/USD touched a low level at 1.0995. Afterwards, it began a surge, which quickly reached the resistance of the 55-hour simple moving average near 1.1015. The SMA >>
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Gold bounces off 1,450.00
Wed, 13 Nov 2019 11:55:05 GMT
 
The yellow metal managed to find support in the 1,450.00 level on Tuesday. By the middle of Wednesday's trading, the pair had reached above technical levels that are located just >>
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USD/JPY drops on fundamentals
Wed, 13 Nov 2019 10:43:40 GMT
 
On Wednesday, the USD/JPY suddenly dropped to the 200-hour simple moving average. The drop could be attributed to the events in Hong Kong. Namely, Reuters reported that finance firms in >>
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GBP/USD remains above 1.2830
Wed, 13 Nov 2019 09:33:36 GMT
 
On Wednesday, the GBP/USD rate remained near the support levels, where it had been located on Tuesday morning. Note that the rate had made a failed attempt to surge, which >>
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