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EUR/USD might tumble
Tue, 20 Aug 2019 10:45:39 GMT
 
During Tuesday morning, the EUR/USD currency pair was testing at the psychological level at 1.1080. Given that the pair is pressured by the 55- and 100-hour moving averages, it is likely, >>
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XAU/USD could decline below 1,500.00
Mon, 19 Aug 2019 11:59:53 GMT
 
During Monday's morning, the price for gold declined to the psychological level at 1,500.00. Given, that yellow metal is pressured by the 55-, 100- and 200-hour SMAs, it is likely, that >>
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USD/JPY supported by moving averages
Mon, 19 Aug 2019 11:45:06 GMT
 
On Monday morning, the USD/JPY currency pair was testing the resistance level formed by the monthly S2 at the 106.54. Given, that the currency pair is supported by the 55-, 100- >>
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GBP/USD remains below 1.2160
Mon, 19 Aug 2019 11:30:58 GMT
 
As apparent on the chart, the GBP/USD exchange rate was not able to surpass the psychological level at 1.2160.During Monday's morning, the rate was trading at the 1.2120 level. Note, >>
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EUR/USD trades at 1.1100
Mon, 19 Aug 2019 11:07:52 GMT
 
The EUR/USD currency pair has been consolidating at the psychological level at 1.1100 since last Friday. From a technical perspective, it is likely, that some downside potential could prevail in the >>
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Gold aims at 1,500.00
Fri, 16 Aug 2019 09:24:14 GMT
 
Since midnight from Thursday to Friday in the GMT time zone, the yellow metal's price has been declining. During the morning hours, it appeared that the bullion will reach the >>
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USD/JPY trades above support cluster
Fri, 16 Aug 2019 09:08:56 GMT
 
On Friday morning, the USD/JPY traded above the support cluster that was located from 106.10 down to 105.87. In general, the rate was expected to surge up to the pivot point >>
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GBP/USD breaks out to the upside
Fri, 16 Aug 2019 08:29:34 GMT
 
The almost week long sideways trading of the GBP/USD has ended. Namely, the pair broke the 1.2100 resistance and surged to the 1.2150 level. On Friday morning, the rate had already >>
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EUR/USD declines as expected
Fri, 16 Aug 2019 08:14:59 GMT
 
The EUR/USD has traded in the last 24 hours exactly as described in the first scenario on Thursday. Namely, the rate surged to the upper trend line of a descending >>
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Gold trades between 1,510.00 and 1,525.00
Thu, 15 Aug 2019 10:40:21 GMT
 
The recovery of the yellow metal's price had reached the 1,525.00 level on Wednesday. That level was continuing to provide resistance to the commodity price on Thursday. In general, the price >>
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USD/JPY reaches 106.00 target
Thu, 15 Aug 2019 10:05:49 GMT
 
As forecast, the rate's decline reached the 106.00 level on Wednesday. The event was followed by sideways trading between technical levels and another sudden jump on Thursday morning. Since the jump >>
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GBP/USD remains near previous levels
Thu, 15 Aug 2019 09:12:18 GMT
 
The GBP/USD has continued to trade in the previous trading sessions' range. Namely, it made another failed attempt to surge before retracing back down to the 1.2050 level. Meanwhile, it was >>
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EUR/USD reveals new pattern
Thu, 15 Aug 2019 08:15:21 GMT
 
The hourly simple moving averages provided enough technical resistance on Wednesday, to cause a sharp drop down. The decline went as low as 1.1130 before a consolidating retracement back up >>
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Gold drops below 1,500.00
Wed, 14 Aug 2019 10:36:59 GMT
 
The yellow metal's price was testing the 1,535.00 level, as it was announced that Donald Trump will not set new tariffs on China. The event caused a drop of the >>
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USD/JPY profit from fundamental surge
Wed, 14 Aug 2019 10:19:31 GMT
 
Donald Trump cancelled upcoming trade tariffs, and the USD/JPY jumped from 105.20 to 107.00. Since the jump the rate was declining and by the middle of Wednesday's trading session the rate >>
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