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TECHNICAL ANALYSIS – USDJPY INTRADAY BULLISH AS PRICES CHALLENGE THE CLOUD TOP Forex News 

TECHNICAL ANALYSIS – USDJPY INTRADAY BULLISH AS PRICES CHALLENGE THE CLOUD TOP

TECHNICAL ANALYSIS – USDJPY INTRADAY BULLISH AS PRICES CHALLENGE THE CLOUD TOP TECHNICAL ANALYSIS USDJPY has been edging higher for a second straight day. The pair today hit a weekly high. Delving into the Ichimoku analysis, the Tenkan-sen line (red) crossed below the Kijun-sen one (blue) in mid-January. This is a short-term negative signal. However, the stochastics which transmit immediate market sentiment are painting a bullish intraday picture as the %K line is at bullish levels at 62, while it has also crossed above the slow %D line. Both these…

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AUDUSD flirting with 2-month lows Forex News 

AUDUSD erases intraday gains, back below 0.7300

AUDUSD erases intraday gains, back below 0.7300 AUDUSD Buz Investors AUDUSD erases intraday gains The pair is trading at 0.7294 at 10:40 GMT this morning, with the Australian Dollar trading 0.22% higher against US Dollar from the New York close, after data revealed that Australia’s AiG performance of services index rose in December. This morning, the pair traded at a high of 0.7329 and a low of 0.7266. The Australian Dollar traded 0.21% higher against the US Dollar in the New York session yesterday, with the pair closing the session…

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Gold price stays high as US election jitters Market Trends 

Gold prices erase intraday surge on inflation, rates

Gold prices erase intraday surge on inflation, rates Gold Bux Investors Gold prices erase The precious metal is trading at $1281.10 per ounce at 10:40 GMT this morning, 0.23% higher from the New York close. This morning, the precious metal traded at a high of $1292.50 per ounce and a low of $1274.10 per ounce. Yesterday, gold traded 1.79% lower in the New York session and closed at $1278.20 per ounce, amid a stronger US Dollar and following a rally in global equity markets. Gold has its first support at…

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Gold rally fades slightly amid Fed speeches commodities 

Gold Prices Decline to Intraday Support at $1,324.76

Gold Prices Decline to Intraday Support at $1,324.76 Gold Buz Gold Trader  Gold Prices Decline   Gold is trading at $1332.30 per ounce at 09:40 GMT this morning, 0.08% higher from the New York close. This morning, the precious metal traded at a high of $1335.90 per ounce and a low of $1331.00 per ounce. Yesterday, gold traded 0.25% higher in the New York session and closed at $1331.30 per ounce, amid a weaker greenback following dovish comments from Fed Governor, Lael Brainard. Immediate downside, the first support level is seen…

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NZDUSD Intraday technical levels and trading recommendations for August 26, 2016 Forex News 

NZD/USD Intraday technical levels and trading recommendations for August 26, 2016

NZDUSD Intraday technical levels and trading recommendations for August 26, 2016 Bullish persistence above 0.6550 (the depicted support) was necessary to keep the price moving towards higher bullish targets. In February and March, signs of bearish rejection (triple-top reversal pattern) were expressed around the price level of 0.6750 until April when a bullish breakout above 0.6750 and 0.6860 was executed. Later on May 6, daily candlestick closure below the 0.6850 level enhanced a quick bearish movement towards 0.6750 where bullish rejection was expected to be applied. However, obvious bearish closure…

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USDCAD intraday technical levels and trading recommendations for August 26, 2016 Forex News 

USDCAD intraday technical levels and trading recommendations for August 26, 2016

USDCAD intraday technical levels and trading recommendations for August 26, 2016 Show full picture Show full picture On May 16, a bullish pullback towards 1.3000 (61.8% Fibonacci level) was expected to offer a valid signal to sell the USD-CAD pair. However, a lack of a significant bearish rejection was manifested during recent consolidations. On May 18, temporary bullish fixation above 1.3000 (61.8% Fibonacci level) opened the way towards the 1.3180 level where significant bearish pressure was originated. Bearish persistence below 1.3000-1.2970 (61.8% Fibonacci level) was needed to enhance bearish momentum…

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USDCHF sets as much as Dip lower On Its way Up Forex News 

Intraday bias in USDCHF remains mildly upside for upper side

Intraday bias in USDCHF remains mildly upside for upper side USD-CHF The USD is trading at 0.9659 against the CHF at 09:40 GMT, 0.25% lower from the New York close. Amid no economic releases in Switzerland today, investor sentiment would be governed by global events. During the session, the pair traded at a high of 0.9686 and a low of 0.9644. Yesterday, the US Dollar traded 0.28% higher against the Swiss Franc in the New York session and ended at 0.9683. The pair is expected to its find support at…

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USDCHF sets as much as Dip lower On Its way Up Forex News 

USDCHF Intraday bias Swiss Franc stays neutral

USDCHF Intraday bias Swiss Franc stays neutral USD-CHF Consolidating with a Lack of Directional Bias USD-CHF Swiss Franc stays neutral The US Dollar is trading at 0.9740 against the Swiss Franc at 09:40 GMT this morning, marginally lower from the New York close. On the data front, Switzerland’s producer and import price index fell less than expected on a monthly basis in July. The pair traded at a high of 0.9758 and a low of 0.9735 this morning. On Friday, the USD traded 0.32% higher against the CHF in the New…

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