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Forex Trading: EURUSD tests the 61.8% level at 1.5573
The EURUSD fell to a low of 1.5547 but bounced back higher to test the key 61.8% retracement level of 1.5573 again. The level held and the pair has moved back down. This suggests the bears are more in charge. ...
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Forex Trading: GBPUSD moves through support and approaches channel ...
As per previous posts, the GBPUSD has channel support that comes in at the 1.9750 level. In addition, the pair is moving through the 100 day moving average today at the 1.9792 level. read more.
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Bobby's Corner Market Open 7.30.2008
Good Morning:. The dollar continued its rally. With oil on the decline, speculation rises that corporate production costs will decline, helping earning and the greenback. read more.
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Forex trading: EURUSD testing support on daily chart
The EURUSD is testing the 61.8% retracement level of the move up from the low price on May 8th and the high price on July 15th (see chart above). The level on the daily chart comes in at 1.5573. A move below this level should lead to ...
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Forex Trading - GOOD NEWS - ADP much better then expected +9
Expected was -60k jobs.
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Daily Market Update by K. Klombies, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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Daily Market Update by R. W. Colby, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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Daily Market Update by J. Wyckoff, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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Daily Market Update by D. Jobman, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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Yen Technical Outlook
Preferred count: The advance from 95.72 is wave W in a W-X-Y complex correction and the drop from 108.57-103.76 is wave X.
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British Pound Technical Outlook
There is no change to the near term GBPUSD bearish outlook.
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Euro Technical Outlook
The drop below 1.5611 significantly increases confidence in the bearish outlook. "If wave C of an expanded flat that began at 1.6018 is underway, then...
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Swiss Franc Technical Outlook
There is also no change to the bullish USDCHF count.
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Canadian Dollar Technical Outlook
The USDCAD is preparing to break out from its 6 month triangle.
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UK Market Closing Comments - IG Markets (ForexHound.com)
Going into the final hour of trading, the FTSE 100 is continuing to build on earlier gains and holding onto a triple digit gain for the day so far.
After Tuesday’s strong performance in the USA, the FTSE was always going to...
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