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Trade ideas for Monday 16th October.NZD/JPYEUR/JPYEUR/USD
The EUR/USD is testing above the September 29th Major lower high. The market is likely converting into a trading range and will begin to go sideways for the next couple of weeks. Overall, traders...
German inflation declines Fed to release minutes of September meeting The euro continues to have an uneventful week. In the European session, EUR/USD is trading at 1.0613, up 0.08%.German Inflation...
EURUSD eases bullish tone near major obstacle Holds within bearish channel ahead of FOMC minutes Bulls need to drive above 1.0760 to brighten outlook EURUSD has been muted around the 1.0600...
A lot of times traders like to "assume" something is going to happen without having enough evidence. They "front run" their own trade idea thinking they are confident they will be right. This is a...
The strength of the US dollar dominates forex markets, dimming the Euro's prospects. Geopolitical events in the Middle East fuel risk aversion, boosting the dollar's safe-haven status. Factors like...
German Industrial Production declines for the fourth straight month The euro has started the week with losses. In the European session, EUR/USD is trading at 1.0527, down 0.57%.Germany’s...
Don't miss my Top 10 Euro Forex Trading Tips
NFP is expected to show 171K net new jobs and average hourly earnings rising 0.3% m/m. Only a stellar report would put a Fed rate hike in play for November. EUR/USD remains in a bearish channel with...
EUR/USD bulls formed a strong reversal yesterday after the bears failed to break below the September 27th high. The bears got a downside breakout on October 2nd below a Low 1 short that was formed on...
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