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Technical Analysis

Despite forming a triple bottom, the Pound failed to surge against the US Dollar on Monday. It reached the 1.3020 area and fell back down to the aforementioned support. The morning session can be cha...
Technical Analysis

During the last trading session, the US Dollar managed to recover some losses against the Yen, as political tensions in the Korean peninsula eased. The rate surpassed all three SMAs and the weekly PP ...
Technical Analysis

The decline of the commodity price continues, as expected. The bullion is reaching for the 1,270 mark, which it will most likely reach during Tuesday's trading session. However, just above that level ...
Fundamental Analysis

The EUR/JPY revealed almost no reaction on the disappointing Euro zone industrial production report. The European single currency lost against the Yen one base point to keep showing the downward trend...
Fundamental Analysis

Weaker-than-expected preliminary report of the German GDP growth in the Q2 managed to strengthen bearish sentiment in the EUR/USD pair. The Euro rose initially against the Greenback, but continued to ...
Fundamental Analysis

North Korea's official news agency reported on Monday that leader Kim Jong Un will watch the actions of the United States for a while longer before making a decision to fire missiles at Guam. Presiden...
Technical Analysis

Gold is very heavy on the Daily chart and looks unstoppable. It should hit the warning line (WL1) in the upcoming days. The yellow metal could start another leg lower if the United States data will im...
Technical Analysis

Price turned to the upside after the false breakdown below the confluence area formed by the 38.2% retracement level with the sliding line (SL) and with the median line (ml) of the minor descending pi...
Technical Analysis

Price rallies aggressively as the Yen is demolished by the Nikkei's impressive jump. GBP/JPY is trading in the green and looks motivated to climb much above the 143.00 psychological level. Today's ral...