Signals

USD/CAD Price Action Suggests Test Of 1.3150/74 Area

price action suggests a further move higher and test of its key resistance at 1.3150/74 area. Support lies at the 1.3100 level where a break will target at the 1.3050 level. Further down, support comes in at the 1.3000 level. On further move lower, the pair may aim at the 1.2950 support level. On the upside, resistance lies at the ...

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USD/CHF Faces Bull Pressure Threats

faces bull pressure threats with eyes on the 1.0000, its big psycho level. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0.9800 level. On the upside, resistance resides at the 1.0000 level where a break will clear the way for more ...

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GBP/USD Upside Momentum Halts, Eyes 1.3082 Zone

upside momentum was halted during Wednesday trading session. It now eyes its support located at 1.3082 level. Further down, support comes in at the 1.3050 level where a break will turn focus to the 1.3000 level. Further down, support lies at the 1.2950 level. Below here will set the stage for more decline towards the 1.2900 level. Its daily RSI ...

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USDCAD Remains On The Offensive, Eyes 1.2950/99 Area

remains on the offensive following its second day of higher close on Thursday. As long as it trades and holds above the 1.2882 level, it leaves its recovery intact. Support lies at the 1.2900 level where a break will aim at the 1.2850 level. Further down, support comes in at the 1.2800 level where a turn lower may occur. Then ...

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Stock Markets Take a Hit As US Yields Surge

Global stock indices took a big hit yesterday as the continued bond market sell off led to a repricing in risk assets. The US 10 year yield continued to drive higher hitting levels not seen since 2011, up to 3.23%, as the market reassessed its position on the US economy and the Fed’s cycle. The dollar fluctuated at stronger levels ...

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EUR/USD Risk | Investing.com

The downside risk on the is small compared to the upside reward. But the EUR/USD seem to be more inclined to fulfill the low end at or about 1.14 or maybe a little lower depending on the last movemen on rates. How should we play this pair? Managing RISK on the downside should be the strategy to follow. Below is ...

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USD/JPY Declines On Sell Off, Eyes 112.86 Level

declined on sell off during Monday trading session. It now eyes more weakness towards the 113.00/112.86 zone. On the downside, support lies at the 112.50 level where a break will aim at the 112.00 level. A cut through here will turn focus to the 111.50 level and lower towards the 111.00 level. Resistance comes in at 113.50 level. Above here ...

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AUD/USD: The Market’s Cleanest Trend Keeps Trending

For bears, is the gift that keeps giving! “The Cleanest Trend in the FX Market,” as we’ve been calling the pair in our trade recommendations for months now, hit a 20-month low earlier this week. Imagine: a trader who went short the pair at its peak above 0.8100 in late January and then went to sleep for the last eight-and-a-half ...

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Profit Taken On GBP/USD Long, EUR/USD Still Bullish

The rose above 1.32 on Wednesday after European Union Brexit negotiator Michel signaled progress on a deal with Britain over its withdrawal from the bloc, as well as on the crucial Irish border question. Our long position reached its target. Tuesday’s candlestick line hints at a rejection of the downside. We keep our bullish view with long opened at 1.1530. ...

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EUR/USD Price Extension Eyes Resistance

is now looking at its cluster of resistance, located the 1.1593/99 zone. This is coming on the back of its lower price rejection candle printed on Monday. On the upside, resistance comes in at 1.1600 level with a break through there opening the door for more upside towards the 1.1650 level. Further up, resistance lies at the 1.1700 level where ...

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