Technical analysis of Forex market

AUDJPY is cautiously positive in the very short-term as the lower high throws into question the improving outlook. The pair is being supported by the 50-day simple moving average (SMA) ...
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Cable eases after three-day rally which repeatedly failed under pivotal Fibo barrier at 1.3158 (61.8% of 1.3284/1.2954). Wednesday’s 0.7% advance marks the biggest one-day rally since 31 Dec, fueled by ...
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Key Highlights Crude oil price is declining and it recently settled below $60.00 against the US dollar. Earlier, there was a break below a key bullish trend line with support ...
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The Wall Street 30 stock index’s (cash) positive directional momentum appears to have weakened as it has eased slightly from the new all-time-high of 29,401. The index looks to be ...
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US dollar index futures are exposed to downside risks as regards the market trend. The first clue is the lower high and the lower lows registered below the 2 ½-year ...
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Later, markets will get their first look at how Australian consumers feel about the US-China trade deal. What is good for China is good for Australia as the economies are ...
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UK 100 Stock Index (cash) retraced from the five-month high of 7,689 below the simple moving averages (SMAs) on the four-hour chart but further losses were restricted by the Ichimoku ...
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The decline of the EUR/USD found support in the 1.1080 level and began a surge. The surge was stopped on Tuesday by the resistance of the 55-hour simple moving average ...
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GBPAUD has shifted sideways after a pullback from the multi-year peak of 1.9521. Directional momentum has evaporated, and the pair is approaching a supportive trendline drawn from the low of ...
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The Australian dollar fell in European session to the lowest since 10 Jan, after brief recovery in Asia lost traction. Fresh weakness comes in extension of Friday’s strong fall after ...
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Pivot (invalidation): 3302.50 Our preference Long positions above 3302.50 with targets at 3350.00 & 3362.00 in extension. Alternative scenario Below 3302.50 look for further downside with 3281.00 & 3261.00 as ...
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