AUDUSD – limited recovery to precede fresh bears
The Aussie dollar remains in red after Thursday's bounce from new low at 0.7712 and recovery extension on Friday was capped by broken 100SMA (0.7773).
Lower Asian stocks on fears about the impact of new tariffs on imported metals on Asia,…
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USDJPY – bears pressure key support at 105.54
The pair accelerated further down on Friday, as dollar came under fresh pressure on dears of trade war, with comments from BoJ governor Kuroda, who signaled that the central bank would consider exiting its ultra-easy monetary policy if…
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GBPUSD awaiting fresh news about Brexit; overall picture is bearish
The pair is holding within tight range in early Friday's trading ahead of much anticipated speech of UK PMI May, in which she will bring her plan about country's future after Brexit.
Threats of Brexit talks stall on a dispute over the…
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EURUSD bounced after politics overshadowed positive economic data and sent dollar lower
The Euro is consolidating under fresh recovery high at 1.2287 on Friday, following previous day's strong bounce.
The single currency benefited from fresh weakness of the dollar which pulled away from six-week highs.
This time politics…
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COPPER extends weakness below daily cloud on strong dollar
Copper remains in red for the fifth consecutive day and extends weakness on Thursday, hitting new lows of over two weeks at $3.10 zone.
The metal accelerated lower in Asia after mild recovery to $3.1460, as stronger than expected China's…
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SPOT GOLD at new 2-mth low as dollar rises on Fed’s hawkish stance
Spot Gold hit two-month low at $1306, on fresh bearish acceleration which cracked key near-term support at $1307 (08 Feb low).
The yellow metal, sensitive on changes of US interest rates, came under increased pressure after Fed's new chief…
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WTI OIL – bears could extend towards daily cloud base at $60.72
WTI oil remains in red on Thursday and extends strong fall of previous two days.
Oil prices came under increased pressure on expectations for Fed's more aggressive approach to the monetary policy which boosted dollar and strong build in US…
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AUDUSD extends weakness after taking out key supports
The pair continues to trend lower and extends weakness from 0.7893 (26 Feb lower top) into third straight day.
Wednesday's close below key supports provided by 200/100SMA's and daily cloud base was strong bearish signal which was boosted…
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USDJPY – hopes for stronger recovery while 106.37 holds but overall bias remains bearish
The pair trades in narrow consolidation on Thursday, following previous day's fall, which found footstep above Monday's low at 106.3.
Scope for stronger recovery remains in play while the price holds above 106.37 support, however, daily…
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GBPUSD consolidates after strong fall previous day; outlook remains negative
Cable holds within tight consolidation in early Thursday's trading after suffering heavy losses on Wednesday, which resulted in cracking key supports at 1.3780/64 (55SMA / 09 Feb low) and break into rising daily cloud.
Sterling remains…
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