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Forex News and Market Analysis

Forex News and Market Analysis

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Gold continues to face resistance at around the 1,786 level, marking the double top on the hourly timeframe. A bullish breakout of levels... Full Article

16 mins

Full Article

1 hour

Despite the ever-increasing number of COVID cases across the US and the world, US equity markets continue to buck the trend. Full Article

4 hours

RBA day is upon us again, however, I suspect there won't be that many fireworks. Full Article

5 hours

If the USD extends its summertime decline vs the majors, there may be a decent shorting opportunity relatively soon in the EUR/USD. Full Article

13 hours

Today brought another strong U.S. economic data set, suggesting that a robust recovery is well underway. But, are more lockdowns pending? Full Article

14 hours

NZD/USD retreated lower this morning, but the 200 hourly SMA held well as support again Full Article

16 hours

UK construction activity surged in June after contracting for about a year Full Article

17 hours

The USD/JPY pair is likely to meet resistance at around 107.93, and a bullish breakout of this level could lead the Japanese pair towards... Full Article

18 hours

EUR/JPY bounced higher off the 100 daily SMA last month, but seems undecided now Full Article

20 hours

The AUD/USD is likely to face immediate resistance at the 0.6975 level, and closing of the candle below this level could drive selling... Full Article

    20 hours

    According to Christoph Broad, chief economist at Broker-Dealer Market Securities, the US economy has a long way to go before the coronavirus Full Article

    22 hours

    The USD/CAD has violated the double bottom support level of 1.3545, and is now working as resistance. Below this, the USD/CAD has the potent Full Article

    22 hours

    The WTI crude oil prices are still directionless and flashing mixed signals at around the 40.60 level, mainly due to the worries over demand Full Article

    23 hours

    Gold continues trading in a wide trading range, on the 1,773 to 1,766 level. The upward trendline on the hourly timeframe is supporting the. Full Article

    1 day

    The week ahead looks like it is going to be light on, for economic data, which means the attention remains on COVID. Full Article

    1 day

    While the economic calendar is thin this week, we do have the RBA which is worth paying attention to. Full Article

    1 day

    WTI crude oil is back above $40.00 and the Baker-Hughes Rig Count sits at levels unfathomable 12 months ago. Full Article

    4 days

    No one knows what is going to happen during Q3 and Q4 of this year; not Wall Street, not the FED, and especially not the mainstream media. Full Article

    4 days
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