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- USD/CAD Daily Price Forecast – USD/CAD Rebounds Post Hitting 45 Day Low But Lacks Momentum To Make B
- The USDCAD pair regained some positive traction on Wednesday and built on overnight modest rebound from 1-1/2 month lows. On Tuesday, the pair weakened back below the key 1.30 psychological mark in reaction to upbeat Canadian economic data, especially str...
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- Commodities Daily Forecast – August 1, 2018
- GoldThe gold prices rallied a bit higher towards the $1218 level as the level provided a bit of resistance. The price movement in the last few sessions indicating the market is trying to form a base to start its next phase of the rally. A break above $122...
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- Forex Daily Outlook – August 1, 2018
- EUR/USDEuro started the Tuesday’s session with a bullish momentum, reaching towards the 1.1750 and trying to break above the level. But due to the presence of strong resistance above, the pair pulled back significantly from there. It is expecte...
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- FX, Commodity and Crypto. Three good trading setups!
- Today, we have setups from three different areas. Forex, Commodities, and Cryptocurrencies. First one is the Currency market, with the EURCHF. The pair is in the downtrend. Most recently, EURCHF broke the lower line of the wedge and the neckline of the H&...
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- Price of Gold Fundamental Daily Forecast – Fed Not Likely to Move Gold, but Flight-to-Safety into Do
- Gold futures are trading lower early Wednesday ahead of the U.S. Federal Reserve interest rate decision and monetary policy statement at 1800 GMT. However, the early price action is not being driven by anticipation of the Fed’s words of wisdom,...
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- Oil Price Fundamental Daily Forecast – Surprise API Data, Tariff Concerns Weighing on Prices Ahead o
- U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading lower early Wednesday, following through to the downside after a steep sell-off the previous session. The catalyst behind the selling pressure is an industry repo...
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- GBP/USD Daily Price Forecast – GBP/USD Erased Gains Made in Previous Session Ahead of US FOMC Update
- The GBPUSD pair has spent most of the day rallying on Tuesday going into the US session, as the British pound is enjoyed rally ahead on rumors and belief’s of interest rate hike during Thursday’s Bank of England Interest Rate decisio...
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- USD/JPY Fundamental Daily Forecast – Strong Flight-to-Safety Buying Could Blast Dollar/Yen Through 1
- The Dollar/Yen is trading higher early Wednesday amid concerns that additional tariffs from the U.S. on China will escalate the current trade dispute. Flight-to-safety buying today is driving prices higher on top of yesterday’s strong gains tha...
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- EUR/USD Daily Price Forecast – EUR/USD Softer Ahead of US Fed Policy Meet Update
- The EUR/USD posted a two-sided trade on Tuesday under relatively thin trading conditions. The Euro tried to breakout to the upside early but didn’t have enough buying volume to succeed. It seemed traders weren’t too committed to eith...
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- Weekly Forex Technical Analysis (Jan 1 — Jan 5)
- start:EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.17131.17801.18921.19591.20711.21381.2250Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.17911.19151.19701.20941.2149Camarilla pivot points4th Su...
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- Forex Brokers Update — December 31st, 2017
- One new broker has been listed on EarnForex.com during the final week of the year:Markets Invest — an offshore broker with a custom trading platform (TradeMux) based on the MetaTrader 4 technology. The minimum account size is $250 and t...
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- EUR/USD Sticks to Gains Following ADP Employment Report
- EUR/USD was rising today, and the stellar employment data from Automatic Data Processing was unable to stop that. Some market analysts argued that the reason for that was risk appetite among investors. Others pointed out at the set of solid P...
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- EUR/USD Slips as US Economic Data Supports Greenback
- EUR/USD fell today as economic reports released in the United States in the course of the trading session beat market expectations. FOMC policy minutes had no big revelations, but the currency pair slid after they were released nonetheless.IS...
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- Weekly Forex Technical Analysis (Jan 8 — Jan 12)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.19031.19521.19911.20401.20791.21281.2167Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.19491.19861.20371.20741.2126Camarilla pivot points4th Sup3rd S...
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- EUR/USD Fails to Stage Rally on Back of Weak NFP
- US nonfarm payrolls came out worse than analysts expected. It was a stark contrast to the private ADP employment report released earlier this week, which surprised market participants positively. EUR/USD attempted to rise after the release, b...
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- EUR/USD Fails to Restart Rally on Mediocre US Data
- The euro rallied against the US dollar earlier today on the rumors that China may reduce or stop its purchases of the US Treasury notes. The US dollar regained some of the losses after the initial upswing in EUR/USD and did not weaken much fo...
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- EUR/USD Rally Stopped by Good CPI Report
- Having initially rallied on the Brexit deal news (event A on the chart), EUR/USD dipped on the US inflation and retail sales data, but returned to a slow uptrend afterwards. It looks like it is becoming difficult for the currency pair to cont...
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- EUR/USD Rallies on ECB Meeting Account and Poor US Data
- The euro rallied versus the US dollar immediately after the December ECB meeting accounts have been made public (event A on the chart). The account turned out to be more hawkish compared to what the market participants had expected. The curre...
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- Forex Brokers Update — January 14th, 2018
- The first brokers update post this year is not very rich on the news, but features a new broker:ATFX — a Cyprus-based regulated Forex broker with $200 minimum account size and MT4 platform. $5,000 will let you open an Edge account with...
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- Weekly Forex Technical Analysis (Jan 15 — Jan 19)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.17011.18081.20041.21111.23071.24141.2610Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.18311.20491.21341.23521.2437Camarilla pivot points4th Sup3rd S...
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- US Fundamentals Support Short-Lived EUR/USD Rally
- The US dollar had been falling against the euro throughout today’s trading session, but it had stopped its descent just before the New York trading session began. The rally in the EUR/USD currency pair was reignited by the release o...
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- EUR/USD Rises and Falls, Ignores US Macros
- The euro was on the rise against the US dollar during the first half of the New York trading session but declined afterwards. The currency pair paid little attention to the macroeconomic data that was released in the United States today.Indus...
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- Forex Brokers Update — January 21st, 2018
- Just a few updates to report on this week:eToro no longer accepts deposits via SOFORT. Now, the broker offers only one account type, simplifying the matter for prospective traders.NordFX revamped its system of account types reducing their num...
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- Weekly Forex Technical Analysis (Jan 22 — Jan 26)
- EUR/USDFloor pivot points3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res1.19931.20791.21511.22371.23091.23951.2467Woodie’s pivot points2nd Sup1st SupPivot1st Res2nd Res1.20751.21431.22331.23011.2391Camarilla pivot points4th Sup3rd S...
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- EUR/USD Rises with German Economic Sentiment
- EUR/USD rose today following the release of the better-than-expected report about the German economic sentiment and continued to rise after the bigger-than-expected drop of the US manufacturing index. The currency pair was down before that as...