Month: August 2018

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  Currency in focus : AUD. China pressures mount

  Pressure is mounting for the Aussie. Taking the markets in this morning I began to reflect on the growing pressure that the Australian Dollar is[...]
  2018-08-16 06:21:06

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  Is more pain set to come for gold?

  Well, the chart and the dollar's run certainly seems to suggest so ForexLive Gold has been on a rather swift decline since mid-June and not[...]
  2018-08-16 06:21:06

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  Is GBP/JPY starting to form a base?

  GBP/JPY trades near the 100-hour MA again ForexLive The pair has been holding steady so far in trading this week after an attempt to move[...]
  2018-08-16 06:21:06

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  EUR/JPY looks towards testing key support level again

  The yen is bid as equities face some pressure on the day ForexLive It's not exactly a full-fledged risk-off move just yet but the fact[...]
  2018-08-16 06:21:06

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  Yen extends gains, USD/JPY touches 111.00 on the day

  Equities continue to be taken lower ForexLive The DAX is now at session lows down 1.1% while S&P 500 futures are down by 0.5%. As[...]
  2018-08-16 06:21:06

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  The JPY is the strongest while the CAD is the weakest at the start of the session

  The USD is back higher today The market took a turn toward earnings after China tech firm Tencent reported disappointing earnings. Turkey doubled tariffs on[...]
  2018-08-16 06:21:06

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  EURUSD stays below 200 week MA in trading today. Bears in control.

  Moved below the level yesterday and has stayed below The EURUSD moved below the 200 week MA yesterday at 1.1356. That was the first look[...]
  2018-08-16 06:21:06

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  GBPUSD trades to session lows. Keeps the pressure on technically

  Tries to go higher fizzle The GBPUSD has been in more of a waffle for most of the day, but with the trend moving lower,[...]
  2018-08-16 06:21:06

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  US stocks opening with lots of red on the board

  Heat map takes on the color red The US stocks are opening in the red. The Heat Map of the winners and losers in the[...]
  2018-08-16 06:21:06

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  I think the RBNZ is trolling the algos with a 'managed exit' tweet

  This from the Reserve Bank of New Zealand    MANAGED EXIT!!! Text reading algo response: "OMG!!!" But …. the link goes to this explanation:
  2018-08-15 22:09:06

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