USDJPY – bulls are losing momentum and may show stronger hesitation ahead of key 110…
Broader bulls are consolidating under psychological 110.00 barrier which was approached on Tuesday's rally to 109.88 (the highest since early Feb).
Barrier is reinforced by 200SMA (110.21) and firm break here would generate strong bullish…
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GBPUSD – negative signal on close below 1.3711 could extend bears towards 200SMA target;…
Cable is holding within narrow consolidation in early Wednesday's trading, after hitting new, marginally lower low at 1.3580 (the lowest since 12 Jan).
Sterling was down over 1% on strong bearish acceleration on Tuesday, which eventually…
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EURUSD is consolidating after cracking key 1.20 support zone; EU data and Fed rate decision eyed for…
The Euro returned above 1.20 handle in early Wednesday's trading, consolidating after suffering heavy losses in past two days.
The single currency was down 0.70% on Tuesday, on the biggest one-day fall since 28 Mar, as dollar continues to…
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GBPUSD – bears met target at 1.3711 but without break lower for now
Cable extended weakness on Monday and eventually tested target at 1.3711 on Monday, marking full retracement of 1.3711/1.4376 bull-phase.
The price bounced after touching 1.3711 target, signaling strong support, where bears may show…
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SPOT GOLD – fresh bears pressure $1315 base and could extend towards key supports at $1307/03
Gold price fell on Monday and fully reversed last Friday's recovery to $1325, as fresh weakness retested new five-week low at $1315, posted last Thursday.
Easing geopolitical tensions over Koreas, as peace talks progress, reduced demand…
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WTI OIL – deeper pullback seen on break below $67.10 base, but overall picture remains bullish
WTI oil holds in red at the beginning of the week and pressures pivotal supports at $67.10 base, where recent downside attempts were repeatedly rejected.
Oil price came under fresh pressure after report released late Friday showed US…
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AUDUSD holds in red on Monday and threatens to offset positive signals from Friday’s bullish…
The Aussie dollar accelerated lower on Monday and threatens to fully retrace Friday's recovery ( Friday's close was the first positive daily close after six straight days in red).
Better than expected Chinese Mfg / non-Mfg data on Monday…
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GBPUSD – bears eye target at 1.3711 and main bull-trendline at 1.3650
Cable stands at the back foot on Monday and pressures Friday's low at 1.3746, following narrow consolidation in Asia.
Friday's long bearish candle weighs, with negative sentiment being underpinned by weak GDP data which further diminished…
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EURUSD consolidates above 1.2154 Fibo support; break above 1.22 zone to signal reversal and sideline…
The Euro eased in early European trading on Monday after holding within narrow range in Asian, driven by weaker that expected German retail sales (Mar -0.6 vs 0.8% f/c) and eyeing German CPI data (Apr m/m -0.1% f/c vs 0.4% prev) for fresh…
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The dollar is firmer and sidelines immediate risk of pullback at the beginning of busy week
The dollar was firmer in early Monday's trading and sidelined immediate downside risk on break through 100SMA pivotal support (108.85) following past two day's close in red after strong rally showed signs of stall.
The greenback pulled…
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