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Gold Prices: This Is Why JNUG Stock is Going Nuts Today Commdities 

$XAUUSD Gold prices climb to highest levels in 6 weeks

Gold prices climb to highest levels in 6 weeks Gold Buz Investors  highest levels in 6 weeks   Gold is trading at $1184.20 per ounce at 10:40 GMT this morning, 0.25% higher from the New York close. This morning, the precious metal traded at a high of $1187.70 per ounce and a low of $1180.00 per ounce. Yesterday, gold traded 0.21% higher in the New York session and closed at $1181.20 per ounce, as weakness in the greenback increased demand for the precious yellow metal. Immediate downside, the first support level…

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AUDUSD flirting with 2-month lows Forex News 

AUDUSD Broadly fairly valued around current levels

AUDUSD Broadly fairly valued around current levels AUD-USD Buz Investors AUDUSD Broadly fairly valued  The pair is trading at 0.7463 at 10:40 GMT this morning, with the Australian Dollar trading 0.24% lower against US Dollar from the New York close. Overnight data showed that Australia’s HIA new home sales dropped on a monthly basis in October. This morning, the pair traded at a high of 0.7497 and a low of 0.7449. The Australian Dollar traded 0.43% higher against the US Dollar in the New York session yesterday, with the pair…

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GBPUSD Pound Jumps to 1.25, Markets Eye Autumn Forex News 

GBPUSD is still trading near historically-low levels

GBPUSD is still trading near historically-low levels GBP-USD Buz Investors trading near historically-low levels At 09:40 GMT, the pair is trading at 1.2239, with the Pound trading 0.48% higher against US Dollar from the New York close, after UK’s consumer price index rose more than expected on a monthly basis in September. The pair witnessed a high of 1.2272 and a low of 1.2177 during the session. Yesterday, the Pound traded 0.13% higher against the US Dollar in the New York session and ended at 1.2180. Immediate downside, the first…

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Forex News 

GBPUSD at levels not seen for 31 years

GBPUSD at levels not seen for 31 years GBP-USD Buz Traders GBPUSD at levels not seen for 31 years At 09:40 GMT, the pair is trading at 1.2714, with the Pound trading 0.06% lower against US Dollar from the New York close. In economic news, UK’s Markit services PMI expanded more-than-expected in September. The pair witnessed a high of 1.2746 and a low of 1.2683 during the session. Yesterday, the Pound traded 0.31% lower against the US Dollar in the New York session and ended at 1.2722. Immediate downside, the…

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AUDUSD gains bolstered by USD softness Forex News 

AUDUSD pair clocked a high of 0.7650 levels

AUDUSD pair clocked a high of 0.7650 levels AUD-USD Buz Trader  AUDUSD pair clocked a high The pair is trading at 0.7597 at 09:40 GMT this morning, with the Australian Dollar trading 0.61% higher against US Dollar from the New York close. Early morning data indicated that, Australia’s Westpac leading index remained flat on a monthly basis in August. This morning, the pair traded at a high of 0.7598 and a low of 0.7531. The Australian Dollar traded 0.09% higher against the US Dollar in the New York session yesterday,…

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Silver Support levels broken, looking to 19.20 Commdities 

Silver Support levels broken, looking to 19.20

Silver Support levels broken, looking to 19.20 Silver Buz Silver Traders Silver Support levels broken The precious metal is trading at $19.22 per ounce at 09:40 GMT this morning, 0.29% higher from the New York close. During the session, silver traded at a high of $19.35 per ounce and a low of $19.15 per ounce. In the New York session yesterday silver rose 1.19% and closed at $19.17 per ounce, tracking gains in gold prices. Immediate downside, the first support level is seen at $18.87 per ounce, while on the…

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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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AUDUSD gains bolstered by USD softness Forex News 

AUDUSD Short Term Levels Ahead of China’s CPI Data

AUDUSD Short Term Levels Ahead of China’s CPI Data AUDUSD Short Term Levels surged higher last week after the RBA cut rates to 1.5%, as the market appeared to have interpreted the central bank’s statement as not indicative of further rate cuts at the moment. In this context, the Australian Dollar may still find support as a 1.5% rate is still attractive in the current record low yield environment. In their policy statement, the RBA said that actions by Chinese policymakers are supporting the near-term growth outlook, but the underlying…

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Forex News 

GBPUSD Levels To Watch Ahead of BoE Rate Decision, Inflation Report

GBPUSD Levels To Watch Ahead of BoE Rate Decision, Inflation Report GBPUSD Levels The GBPUSD is trading sideways in the last couple of trading days between 1.3350 and 1.3300 after the pair surged higher following Friday’s US 2Q GDP miss. The pair seems to have problems cracking the 1.3350 resistance, but things could change quickly with the event risk ahead. All eyes are on the Bank of England in today’s session with the market eager to know how the central bank reacts to the unfolding Brexit situation. The Bank of…

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