GBPUSD holds firm tone in early Monday’s trading and ignores negative signal from…
Cable is standing at the front foot in the early European trading despite upside rejection at 1.4268 (session high).
Overall structure remains bullish and keeps target at 1.4300 in focus, after key near-term barrier at 1.4244 (27/26 Mar…
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EURUSD – daily cloud / 10SMA hold for now but the downside remains vulnerable
The Euro traded within tight range in Asia on Monday, showing no significant reaction on US strikes on Syria over the weekend.
The EURUSD pair maintains bullish bias at the beginning of the week, despite last week's pullback to 1.2299, as…
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SPOT GOLD – the downside remains vulnerable on risk sentiment / weak techs, geopolitical…
Gold price moved slightly higher on Friday and hit session high at $1341 but remains at the back foot following sharp fall on Thursday, when the yellow metal fell $20 on renewed risk sentiment after geopolitical tensions eased.Daily techs…
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WTI OIL rallies to new 40-month high on bullish signals from IEA report
Oil price rallied to new 40-month high at $67.74 on Friday after International Energy Agency reported that global oil stocks returned to desired levels and oil glut is almost over, while demand remains unchanged.
Fresh strength after oil…
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AUDUSD – rally on fresh risk sentiment pressures key barriers of 200SMA and daily cloud base
The Aussie dollar regained traction on Friday and resumed recovery rally from 0.7640 base, which was interrupted by two-day consolidation.
Fresh bullish acceleration was triggered by renewed bullish sentiment in the market and cracked and…
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EURUSD – thick daily cloud continues to underpin but the downside is still vulnerable
The Euro moved higher in early European trading on Friday, boosted by EUR/JPY buying on renewed risk sentiment.
Thursday's failure close below daily cloud top, despite spike deeply in the cloud and today's bounce, sidelined immediate…
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GBPUSD – bulls probe above key barriers – former top / weekly 200SMA
Cable maintains bullish tone on Friday and extends above former high at 1.4244 (26/27 Mar double-top), probing above next strong barrier at 1.4255 (falling weekly 200SMA).
Uninterrupted rally from 1.3965 (05 Apr trough) extends into sixth…
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USDJPY – bulls eye target at 108 and could extend further after eventual break and close above…
The pair stands at the front foot on Friday and hit seven-week high at 107.67, in extension of Thursday's rally.Easing geopolitical tensions triggered fresh risk sentiment which lifted the greenback.Yesterday's close above 55SMA (107.05)…
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EURGBP falls to 10-mth low on strong bearish acceleration
The cross is in step fall which commenced in mid-European and extends into American session on Thursday.
Strong acceleration broke through key supports at 0.8692 (Fibo 61.8% of 0.8312/0.8306, Apr/Aug 2017 ascend) and 0.8668 (22 Mar spike…
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USDJPY probes into daily cloud again on fresh dollar’s recovery
The pair bounced above 107 handle of fresh risk-on mode and hit session high at 107.26, on renewed probe though the base of thick daily cloud (107.16).
Falling cloud marks very strong barrier which capped attempts in previous few sessions…
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