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Determination of Potential Trend

EURUSD price returned to the balance line

On Tuesday, March 3, trading on the euro closed with an increase of 36 points ( 0.32%). A surge in volatility was observed in the American session. At an extraordinary ...
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EURUSD rally continues ahead of Brexit talks

EURUSD: rally continues ahead of Brexit talks On Monday, March 2, trading on the euro was 90 points up at the close. The single currency received support from the sharp ...
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EURUSD Christine Lagarde may put pressure on bears

On Tuesday, February 25, the euro was up at the close of trading. An active growth phase was observed at the American session. Bulls set a new weekly high by ...
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EURUSD pair trying to recover after a prolonged dip

On Monday, February 24, trading on the euro was up by 0.05% at the close. During US trading, bulls clawed back their morning losses suffered as a result of the ...
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Bitcoin Could Crash Below 3,000 in WorstCase Scenario

The bitcoin price is at risk of a swift and painful reversal after its parabolic move to $13,868. That’s according to veteran trader Peter Brandt. Brandt says the worst-case scenario ...
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Sterling edges down despite BoE hinting at slow hikes

There were no surprises in the Bank of England’s policy decision today to leave interest rates unchanged at 0.75%. The real surprise was the bank’s latest growth forecasts which left ...
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EURUSD testing the previous resistance as a support

Previous: On Tuesday the 26th of February, trading on the EURUSD pair closed up. The British pound had a positive influence on the majors during the European session. The pair ...
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EURUSD trend may reverse upwards in a couple of weeks

On Monday, trading on the EURUSD pair closed up by a decent amount. By close, the euro had appreciated by 0.11% to finish the day at 1.1308. The single currency ...
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Could the Dollar be turning the corner?

Currencies throughout Asia have welcomed the news that the Dollar has tumbled to a near 3-month low. A number of different currencies in the region have advanced against the Greenback, ...
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Dollar bulls return is the correction over?

After six consecutive days of decline, the dollar has finally attracted the bulls. The greenback’s recent drop may be viewed as a short-term correction led by President Trump’s criticism of ...
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Geopolitical tensions drive traders into safe havens

The USD took a dive today as geopolitical risks increased on the back of Trumps announcement that he would not attend the summit with North Korea in Singapore. There had ...
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EURUSD time for an upwards correction

Previous: On Wednesday the 2nd of May, trading on the euro closed down. The single currency has shed 146 pips against the greenback over the May holidays to reach 1.1938 ...
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Turkey rate increase unlikely to benefit Lira, Rand higher after FOMC statement

The South African Rand is showing some indications of recovery against the US Dollar in the aftermath of the latest FOMC statement. The Rand is up by 0.5% at time ...
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EURUSD buyers trying to build on the upwards correction

Previous: On Monday the 23rd of April, trading on the US dollar closed up. After weak manufacturing data from the Eurozone, as well as a rise in US10Y bond yields ...
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EURUSD upwards correction overdue

Previous: On Friday the 20th of April, trading on the EURUSD pair closed down. The single currency dropped against the dollar to 1.2293 during the European session, falling further to ...
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