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The Euro accelerated lower in early US session on Tuesday and pressures key Fibo support at 1.1280 (61.8% of 1.1176/1.1448) as weaker than expected US housing data turned existing risk mode down. US building permits fell 1.6% in Feb,…
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WTI oil price rises on Tuesday after shallow pullback from new 2019 high at $60.37 found footstep and managed to close twice above cracked 10SMA (currently at $58.87), keeping broader bulls intact. Limited pullback was price…
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The Aussie dollar extends higher on Tuesday after Monday’s recovery managed to close above a cluster of daily MA’s (between 0.7085 and 0.7101) and generated positive signal. Fresh extension higher cracks pivotal barriers at…
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The pair bounces on Tuesday after rising and thickening daily cloud contained recent weakness and Monday’s action ended in Doji after Friday’s strong fall. Recovery pressures initial barrier at 110.26 (55SMA) which capped Monday’s action…
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Indecision that was signaled by Doji candle on Monday persists, as cable holds within narrow range in early Tuesday’s trading Cable is awaiting fresh signals from Brexit, after UK parliament passed an amendment on Monday in…
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Cable spiked to session high at 1.3246 on comments that the third parliament’s vote on Brexit plan could be tomorrow. Pound remains volatile and very sensitive on any news regarding Brexit, though there is still long way until satisfactory…
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The pair holds in red o Monday and reverses some of strong gains from last Friday, when dollar surged over 6%. Turkish lira fell sharply and hit eight-month low against the dollar, on biggest one-day losses since Aug. Renewed strong fears…
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WTI oil remains in red on Monday, following bearish close last Friday that completed Doji reversal pattern on daily chart. Rising concerns of broadening global slowdown that were sparked by news from Germany on Friday that showed extending…
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The Aussie dollar bounces from Asian low at 0.7065 and pressures 0.71 barrier (30SMA), propped by renewed risk mode on Monday. Rising bullish momentum helps recovery, but daily techs are still bearishly aligned, following last week’s…
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The pair ticks higher on Monday following last Friday’s 0.9% fall that contained by the top of daily cloud. Thickening cloud continues to underpin the action today, but recovery attempts were so far capped by broken 55SMA (110.24) now…
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