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Day: March 28, 2022

EURUSD Continues to Slide as Positive Hopes Fade

EURUSD is edging lower toward the 1.0900 handle after bullish developments in the pair were unable to overpower the 1.1100 hurdle. The falling simple moving averages (SMAs) are endorsing the 10-month bearish trend from the May 2021 high of 1.2266. Currently, the Ichimoku lines indicate that bearish forces remain active, while the short-term oscillators are …

EURUSD Continues to Slide as Positive Hopes FadeRead More

Yen Selloff Resumes, Euro Follows, Bitcoin Breakout

Yen’s selloff resumes as another week starts on rising treasury yields while Asian stocks are mixed. European majors are also under some selling pressure, with Euro, Sterling and Swiss Franc steady among themselves. Meanwhile, Australian Dollar is performing well together with Dollar, trailed by Canadian and New Zealander. Gold dips notably on Dollar strength and …

Yen Selloff Resumes, Euro Follows, Bitcoin BreakoutRead More

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