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Tag Archives: forex

Technical Analysis GBPUSD 9-8

gbpusd98

Technical Analysis GBPUSD 9-8 GBPUSD made a break of the 100 hour MA to the downside and is moving away. The next target comes below 1.33 at 1.3296 which is the 38.2% of the move up from the August 29th low. The 1.3250 area is a confluence area where the 50% retracement, 200 hour MA ...

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Technical Analysis of GBPUSD

GBPUSD

Technical Analysis of GBPUSD The pair has fell to strong support area near a cluster of support defined by the 100 bar MA on the 4-hour chart, the 200 hour MA and the 100 hour MA.  The three moving averages come in at 1.3161, 1.3165 and 1.3171 respectively.   The low ...

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EUR/USD buy signal

eur buy signal

EUR/USD buy signal The pair has been trading sideways since the Brexit decline. The lower level is at 1.0980 and the top at 1.11. The ECB will cut rates by the end of 2016 and it could also taper its QE program. Earlier this week, German ZEW Economic Sentiment, shocked the ...

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USD/JPY trading signal

USD/JPY trading signal Looking at the 5-minute chart, USD/JPY has slowed the momentum at the high of the day, but has remained in a channel. The topside trend line come in at 102.90 while the lower is at 102.30 currently. There has been small corrections along the way. The pair ...

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Europe: The risks

Europe The risks

Europe: The risks Here are the main risks that Europe faces in the next six months. France economy Greece Deutsche Bank Austria Brexit We are cautious on EUR and on European equities. EU is entering an unchartered territory. Growth is not strong enough in the eurozone at the moment and ...

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EUR/USD trading

EURUSD trading

The pair recovered from European session lows and erased intraday losses over the last hours, before entering a consolidation phase amid low volume given the US Independence Day. It is time to take advantage of this quiet trading day. We don’t expect any major move for the rest of the ...

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GBP/USD technical analysis

gbpusd technical

GBP/USD technical analysis GBP/USD trading in positive territory all day, it made three attempts to break above 1.34 but with no success. The forex pair seems to run out of power at that level. I believe a test of the 1.3000 area remains well on the cards for Cable in ...

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EUR/USD buy signal

EUR_USD tues

Nice move from our favorite forex pair EUR/USD, after hit the daily high at 1.1349 the sellers stepped in and drove the euro back down to 1.1242, which now acts as a strong support, entering a long position for the pair at the daily lows will gives us the opportunity ...

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How to trade GBP/USD

GBP_USD

How to trade GBP/USD Enough is enough and the fundamentals can’t change! Every single time since April, a break above the blue trend-line is followed by a break back below it. GBP/USD opened higher in early forex Asian trading Monday as the first poll taken after the murder of opposition ...

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Fed rate decision, as Brexit remains in focus

fed

Federal Open Market Committee (FOMC) is widely expected to hold its benchmark Federal Funds Rate steady upon the completion of its June monetary policy meeting. The FOMC has left the target range of the Fed Funds Rate unchanged between a level of 0.25 and 0.50% at each of its first ...

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