Month: July 2018

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  Chart of the Day: GBP/JPY. A bad case of the Brexit blues.

  GBP/JPY AND A CASE OF THE BREXIT BLUES It's going to be a tough day for Theresa May. It's already been a rough night for[...]
  2018-07-10 06:25:30

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  EUR/USD backs off after having touched two-week highs

  EUR/USD now down to 1.1711 after touching a high of 1.1727 But they did make an attempt to move above it earlier, although it is[...]
  2018-07-10 06:25:30

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  GBP/USD: Buyers look for another run to the upside again

  Upside momentum was halted yesterday after Brexit risk hit ForexLive The pair managed to break above the 1.3250 level in overnight trading only to encounter[...]
  2018-07-10 06:25:30

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  Dollar index set for key test when the US jobs report hits

  The greenback is trading lower so far today, but the real test is yet to come ForexLive After posting a double-top pattern at the end[...]
  2018-07-10 06:25:30

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  AUD/USD upside stalls at familiar levels ahead of US jobs report

  AUD/USD runs into resistance from the 29 June high The highs today touched 0.7418, and that's just above the high seen last Friday @ 0.7416[...]
  2018-07-10 06:25:30

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  NZD is strongest, CAD is the weakest. Snapshot before employment data

  US and Canada employment data will be the focus At 8:30 AM ET/1230 GMT, the US and Canada employment reports will be released along with[...]
  2018-07-10 06:23:38

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  EURUSD trades near recent highs into jobs reports

  Near 61.8% of the move down since the June FOMC meeting T Technically, the key level below will be the 200 bar MA on the[...]
  2018-07-10 06:23:38

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  USDJPY dips below 200 hour MA on report but bounces

  Will keep the Fed in play of course For the USDJPY, the price moved lower on the headlines and dipped below the 200 hour MA[...]
  2018-07-10 06:23:38

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  EURUSD stays above swing area. More bullish.

  Dollar weakness continues helped by technicals Technically, the EURUSD broke above the 200 bar MA on the 4-hour chart yesterday (currently at 1.16734 on the[...]
  2018-07-10 06:23:38

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  GBPUSD higher. Stalls at week's high but above swing area.

  Can the buyers squeeze higher or does overhead resistance stall On the topside though, the pair is running into some overhead levels. Looking at the[...]
  2018-07-10 06:23:38

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