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EUR/USD is continuing to trade in a rising channel formation, reminiscent of a bearish flag given the trend that preceded it but recent signs may suggest it’s not that straightforward.The first...
EURUSD decelerates below 200-EMA resistancePositive structure remains intact above 1.0600EURUSD could not carry last week’s impressive rally above its 200-day exponential moving average (EMA),...
Recent turn of events have interrupted the EUR/USD pair's surge, prompting a broad correction Fed members have remained cautious in recent speeches, hinting at a potential status quo in interest...
EUR/USD falling back below 1,07 and inside the bearish price channel is a strong reminder that the latest rally may be misleading.Original Post
Gold Continues to Fall After a Temporary PauseGold (XAU) fell below the 1,970 level on Tuesday, remaining under pressure from a rising US Dollar Index (DXY). On Tuesday, a group of Federal Reserve...
Recent market shifts influenced by the Fed's decision and employment data have led to a decline in US Treasury yields and the US dollar. Despite the weakening economic data and geopolitical tensions,...
EUR/USD to be tested by bear market resistance Original Post
November and December are normally soft months for the dollar. This year, however, the tailwind from strong US growth and hawkish Fed policy should keep the dollar bid through to year-endFed-Driven...
US nonfarm payrolls expected to ease to 170,000 The euro is showing limited movement on Friday after posting strong gains a day earlier. In the European session, EUR/USD is trading at 1.0633, up...
Traders are expecting the October NFP report to show 179K net new jobs and average hourly earnings rising 0.3% m/m. The immediate market impact of this week’s jobs report may be smaller than...
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