Euro
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EUR/USD gains traction above 1.0750 as US consumer confidence tumbles to a four-year low
EUR/USD holds positive ground around 1.0780 in Wednesday’s Asian session, adding 0.13% on the day. The US CB’s Consumer Confidence…
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EUR/GBP consolidates above mid-0.8300s, remains close to three-week low set on Monday
EUR/GBP holds steady above a multi-week low touched the previous day. BoE’s hawkish stance continues to underpin the GBP and…
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EUR/JPY Tests 163.00 barrier after breaking above nine-day EMA
EUR/JPY may encounter key resistance around the psychological level of 165.00, identified as “pullback resistance.” The 14-day Relative Strength Index…
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EUR/USD recovers to 1.0850 after mixed European PMIs
EUR/USD recovers to 1.0850 on Monday after briefly breaking below 1.08 last week. Preliminary PMI data for March from Germany,…
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EUR/GBP edges higher above 0.8350 as traders brace for Eurozone/German PMI data
EUR/GBP drifts higher to around 0.8380 in Monday’s early European session. Germany’s upper house approved the measures to unlock hundreds…
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EUR/JPY advances to near 162.00 after release of downbeat Japan’s PMI data
EUR/JPY climbs as the Japanese Yen weakens after Monday’s PMI release. The Jibun Bank Services PMI dropped to 49.5 in…
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EUR/USD Gathers strength above 1.0800, bullish bias remains
EUR/USD gathers strength to near 1.0815 in Monday’s Asian session. The constructive view of the pair prevails above the key…
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EUR/USD extends losses but 100-200 SMA crossover offers support
EUR/USD was seen trading around the 1.0820 area after the European session, falling for a third consecutive day. Despite shedding…
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Trade of The Day – EUR/USD
Facts: MACD trends lower after bearish crossover with bearish divergence occurring on RSI Potential double top formation has occurred which…
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EUR/USD Falls toward 1.0800 after breaking below nine-day EMA
The EUR/USD may test immediate support at the nine-day EMA of 1.0846 in an attempt to re-enter the ascending triangle. The…
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