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Forex News |
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Forex Technical Analysis Reports (ActionForex.com)
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Elliott Wave - GOLD, EUR/USD
We are also back with the two hour updated time frame chart on the euro, after the market completed the correction in blue wave IV. The prices are already continuing lower to approach the wave V targets of the red wave C. The downside target could be between 1.3250-1.3350, where...
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Chart Of The Day: USD/CAD
As of Friday mid-session in New York, recent dramatic bullish moves on the USD/CAD (a daily chart of which is shown), have shot price up past several key resistance zones, reaching all the way up to the major 1.1970-2.000 resistance region before finally backing off. This level represents close to...
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FX Thoughts for the Day
It is a question that needs to be asked - if Swiss Franc was also a "carry trade" currency (alongwith the Yen), why has the Swiss Franc not strengthened alongwith the Yen, instead of weakening alongwith the Euro? For now, it looks like it may be in a large sideways...
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Market Panic Drives Volatility For The Australian And New Zealand Dollars
A panic has seized the global financial markets, sending the stocks plunging and overnight lending rates soaring. For the currency market on the other hand, the high-risk, carry pairs have been comparatively quiet. This won't last for long though and our DailyFX Analysts are positioning for what is expected to...
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Daily Forex Analysis
EUR/USD The pair has been range-trading for the past few days, and is now traded around the 1.3620 level. Currently, the Bollinger Bands on the 4-hour chart are tightening, suggesting that a sharp movement is impending, and as all oscillators on the 4 hour-chart are pointing down it appears that...
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Forex News 
