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Technical Analysis

USDJPY (110.22): The USDJPY managed to post strong gains for a second consecutive day. Price action briefly rallied to a 6-day high at 110.85 yesterday before slightly easing back below the resistance...
Technical Analysis

GBPUSD (1.2870): The British pound extended declines to 1.2847 yesterday. This marks a support level that was previously tested around early July. A rebound off this level could suggest a near-term re...
Technical Analysis

EURUSD (1.1739): The EURUSD posted declines for a second day. Price action broke to the downside from the inside bar that was formed on Monday. This potentially suggests some downside in prices. Howev...
Fundamental Analysis

The GBP/USD fell sharply to the lowest level in four weeks, as the Britain's consumer price inflation report showed weaker than expected reading for July. The Pound retreated versus the US Dollar to t...
Fundamental Analysis

The EUR/USD currency pair dropped sharply owing to the strong US economic release. The Greenback strengthened against the Euro by 0.23% to reach the 1.1713 mark. However, by the end of the Tuesday's s...