Euro jumps on ECB’s optimism over economic recovery, inflation and no significant reaction on…
The Euro surged to one-week highs on comments from ECB President Christine Lagarde in the press conference after the central bank kept the policy unchanged.
The ECB’s remarks about key points were mainly within market expectations that …
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Initial signal of reversal forming, but focus is on ECB and EU/UK emergency Brexit talks
Cable stands at the front foot in European session on Thursday after pullback from 1.3482 (2020 high) stalled on approach to strong support zone on Wednesday.
Rising 55DMA contained dip, guarding Fibo 50% of 1.2251/1.3482 (1.2866) and the…
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Euro edges higher in early Thursday, new expectations for upbeat ECB’s outlook would further…
The Euro extends higher in early Thursday’s trading, following positive close on Wednesday (after six straight days in red), hurting near-term negative bias.
Pullback from 1.2011 peak (2020 high) found footstep at 1.1752 (contained by…
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Oil bounces after bears showed initial signs of stall, but demand fears persist. Crude inventories…
WTI oil bounces on Wednesday after steep fall in past five days (down 14.3%) found footstep at strong technical supports provided by daily cloud base ($36.80) and rising 100DMA ($36.43).
Oversold daily studies suggest that bears may…
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Bulls start to lose traction on approach to initial target, ECB meeting in focus
The cross is consolidating under new six-week high (0.9130) on Wednesday after advancing nearly 2% since Monday’s opening.
The Euro benefited from pound’s fresh weakness over Brexit concerns and awaiting more positive signals from the ECB…
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USDTRY hits new record high and pressures psychological 7.50 barrier
The USDTRY hit new all-time high at 7.4981 on Wednesday.
Fresh extension of the bull-leg from 28 Aug trough at 7.2860 cracked target at 7.4962 (Fibo 138.2% projection of 7.2683/6.6716) and pressuring strong psychological barrier at 7.50.…
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Pullback from new 2020 high extends but would likely stall ahead of key supports at 1.17 zone if the…
The Euro stays in red in European session on Wednesday, weighed down by weakness of sterling and firm dollar.
Bears extend into seventh consecutive day and hit fresh three-week low at 1.1756, with weak daily studies supporting scenario of…
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Bears extended to new six-week low on Brexit turmoil but face headwinds from strong supports at…
Cable extends steep fall into sixth straight day on Wednesday, following 1.4% fall previous day (the biggest one-day drop since 21 Apr), pressured by Brexit turmoil, as fears about trade talks stall and no-deal Brexit scenario rise.
I…
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