The EUR/USD has broken through parity again during the trading session on Monday and has now left the parity level behind. In fact, it looks like the Euro is going to try to go down to the...
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EUR/USD Forecast: Driving Towards Parity
The EUR/USD has fallen during the trading session on Friday, as it looks like we are hell-bent on testing the parity level again. The parity level has a lot of psychology attached to it, and if we...
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GBP/USD poised for a retest of the year’s lows
The pair is down 0.4% on the day to 1.1878 at the moment and is poised for a third straight day of declines. The bounce higher after the US CPI data last week failed...
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Things are all lining up for the dollar towards the end of the week
It is all lining up for the dollar right now as the currency pushes to fresh highs on the day and is seeking to extend gains further ahead of the weekend. Let’s recap how...
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USD/JPY Forecast: Threatening a Major Breakout
It looks like we are threatening a major breakout. The US dollar has rallied during early trading on Wednesday to reach the 50 Day EMA against its Japanese counterparts. Because of this, it looks like...
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BTC/USD Forex Signal: Still Contained Within Wide Bullish Price Channel
Long Trade Ideas Go long after a bullish price action reversal on the H1 timeframe following the next touch of $23,028 $22,713, or $21,449. Place the stop loss $100 below the local swing low. Adjust...
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GBP/USD Forex Signal: Double-Top Pattern Forms Ahead of FOMC Minutes
Bearish View Set a sell-stop at 1.2000 and a take-profit at 1.1900. Add a stop-loss at 1.2200. Timeline: 1-2 days. Bullish View Set a buy-stop at 1.2135 and a take-profit at 1.2250. Add a...
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BTC/USD Forecast: Bitcoin Pulls Back Again
The BTC/USD currency pair pulled back a bit on Tuesday as we continue to see Bitcoin pullback from the crucial $25,000 level the $25,000 level.Bitcoin has been rather resilient as far as selling pressure is concerned,...
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EUR/USD Technical Analysis: Bearish Start
With the start of this week’s trading, the price of the EUR/USD currency pair completed the downward path, closing last week’s trading around the support level 1.0232. The EUR/USD pair was subjected to selling operations for the...
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GBP/USD Technical Analysis: Close to Breaking Important Support
For three trading sessions in a row, the GBP/USD currency pair is subjected to selling operations, as a result of which it settled around the 1.2105 support level. It is close to testing an important support 1.2045,...
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