Month: July 2018

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  The NZDUSD moves below lower trend line. Bearish.

  Trades at the lowest level since May 31, 2016 The NZDUSD has moved below a lower trend line at 0.6717. Last week, that trend line[...]
  2018-07-05 06:24:52

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  Crude oil settles at $73.94, down -$0.21

  Down -0.28% on the day The price of crude is settling at $73.94, down -$0.21 or -0.28%. The price action was volatile with a low[...]
  2018-07-05 06:23:29

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  The EURUSD back retesting early NY session break point

  100 and 200 hour MAs tested.  Price low today stalls nears key swing area The EURUSD is back up trading around the 100 and 200[...]
  2018-07-05 06:23:29

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  Dollar index caught at a crossroads

  The dollar may be higher on the day, but the charts tell a different story The greenback is performing decently so far going into European[...]
  2018-07-05 06:23:29

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  Chart in focus: EUR/AUD. Merkel's relief vs RBA's caution

  EUR/AUD Pairing a strong currency against a weak currency is the foundational principle of this post. . One of the takeaways was the benefit of[...]
  2018-07-05 06:23:29

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  AUD/USD up to session highs as risk appetite gets a boost

  AUD/USD touches a high of 0.7374 on the day Risk sentiment is getting better in the market as Chinese stocks are trading at the highs[...]
  2018-07-05 06:23:29

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  Gold gets off the floor with help of a weaker dollar

  Gold edges higher after having nearly touched December's low The precious metal has been suffering since mid-June and closed in on December's low @ $1,236.55[...]
  2018-07-05 06:23:29

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  Reuters report the Bank of Japan is likely to cut its inflation forecasts

  I posted earlier on the heads up for the BOJ meeting and Outlook report: Reuters reporting similar just now, citing three unnamed sources Bank of[...]
  2018-07-04 22:10:55

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  RBA announcement due soon - levels to watch in the AUD

  The Reserve Bank of Australia July monetary policy announcement and statement is due at 0430GMT on July 3 2018 Earlier previews: For levels into the[...]
  2018-07-04 22:10:55

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  PBOC vice gov says is confident can maintain a basically stable yuan

  OK so some People's Bank of China jaw boning now that the CNY and CNH (onshore and offshore yuan) have dropped down a mine shaft[...]
  2018-07-04 22:10:55

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