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A Mild EURJPY Calendar Offers Range Trade Below Double Top
Having established a range below a recent double top, the EURJPY looks unlikely to find a catalyst for breakout with little market-moving data set to print...
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Forex Technical Analysis for 04/14—04/18 Week
Floor Pivot Points. Pair, 3rd Sup, 2nd Sup, 1st Sup, Pivot, 1st Res, 2nd Res, 3rd Res. EUR/USD, 1.5368, 1.5498, 1.5652, 1.5782, 1.5936, 1.6066, 1.6220. GBP/USD, 1.9274, 1.9462, 1.9575, 1.9763, 1.9876, 2.0064, 2.0177 ...
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Forex Trading: Euros channeling higher...
Euros channeling higher on a 15 min chart.
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Forex Trading: GBP paid on a cross move up...
Straight Sterling very bid on the back of its paid cross (GBP/JPY). GBP/JPY inched higher and higher until 200.10 then from that level, there was little hesitation to pay for GBP.
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Forex Trading: GBP/JPY profit taking after strong bid...
GBP/JPY came under some considerable pressure near its highs which may have been technically based, as the below chart shows. We may see continued pressure on the cross if it can't get bid above 200.50 and its component above 1.9730.
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Forex Trading: USD/JPY tapering off after seeing some JPY bid...
USD/JPY tapering off a little after seeing some JPY bid in USD/JPY and GBP/JPY. Both feel a little soft. Moreover, we have GBP data out in ~ 45 min.
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Forex Trading News: GBP Employment and Earnings Data Released
The Claimant Count Change number comes out at -1.2K from the previous -2.8K. This number was forecast at -1.8K. The Average Earnings Index and Bonus figure comes out at 3.7% from the previous 3.7%. This number was forecast at 3.6%....
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Forex Trading: USD/JPY resilient on the back of stronger GBP/JPY...
USD/JPY staying firm as GBP/JPY is stabilized by a relatively benign Sterling # at 4.30 am EST. It seem at this point that USD/JPY needs to be bid above 101.75 before it can muster up enough strength to see any respectable bids in...
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Forex Trading News: EUR CPI y/y Released
The CPI number comes out at 3.6% from the previous 3.3%. This number was forecast at 3.5%. The EUR made a rally vs. its counters just before and initially after this release.
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European Morning Update 16th April 2008
Quiet morning provides the Dollar with no momentum. Releases from Australia: Prior Current February Westpac Leading Index (YoY) +4.1% +3.3%. The annualized growth rate of the Westpac leading index of economic activity slowed to 3.3% in ...
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Forex Trading News: German CPI Released As Forecast
The German CPI comes out at 0.5% from the previous 0.5%. This data came out right on forecast. The CPI is used to gauge the changes in purchasing power of that nation's currency over time. This measures the rate of inflations ...
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Forex: Eur/Usd finding some resistance at 1.5850-1.5900
After Eur/Usd broke on top of the flag formation, it rallied to 1.5900 and hit some resistance at that level. It tried to break on top several times but couldn't trade above that level. Eur/Usd is still being supported by the 21 day ...
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FXDD DailyFX Economic Video http://Forex.FXDD.com
FXDD DailyFX Economic Video http://Forex.FXDD.com.
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GFT Daily Market Commentary
Forex Market Commentary for April 16, 2008 by Cornelius Luca. GFT Daily Market Commentary. The dollar recovered versus the European currencies and against the yen on Tuesday. The Empire state economic report was positive and this ...
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Asian Morning Update 16th April 2008
Euro-zone and States releases turn the tide in favor of the Dollar. European overnight releases:. February Forecast Actual UK DCLG House Prices (YoY) +7.4% +6.7%. March Italian CPI (MoM) +0.5% +0.5% Italian CPI (YoY) +3.3% +3.3% ...
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