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EUR/USD ticked up but capped at 1.1500

Team FX Trading Revolution | Oct 19, 2018

US Dollar looking to crack 96.00

Team FX Trading Revolution | Oct 19, 2018

China's GDP growth declines to 6.5% - ABN AMRO

Team FX Trading Revolution | Oct 19, 2018

US: Existing home sales for Sept 5.15m vs 5.29m estimated

Team FX Trading Revolution | Oct 19, 2018

USD/CAD hits above 1.3100 after Canadian macro data

Team FX Trading Revolution | Oct 19, 2018

Canadian: Retail sales for Aug -0.1% vs 0.3% expected

Team FX Trading Revolution | Oct 19, 2018

Canada: CPI for Sept +2.2% y/y vs +2.7% estimated

Team FX Trading Revolution | Oct 19, 2018

Gold bulls crack above 100 day MA

Team FX Trading Revolution | Oct 19, 2018

EUR/GBP rebound corrective in nature - CommerBank

Team FX Trading Revolution | Oct 19, 2018

EUR/JPY dips and finds support at 128.30

Team FX Trading Revolution | Oct 19, 2018

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EUR/USD ticked up but capped at 1.1500

10/19/2018
at 2:03 PM
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EUR/USD is maintaining bearish tone below the 200 SMA on 4 hour chart. The pair is trading below 1.1500 despite the uptick move while the bearish outlook can be altered if the price closes above 1.1530 which is swing low of Aug 23. Technical Levels to Consider Support 1: 1.1463 ... Read More...

US Dollar looking to crack 96.00

10/19/2018
at 1:48 PM
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US Dollar index is gathering positive traction on Friday pushing the price above 96.00. Convincing breakout of 96.00 handle may lead the index towards 97.00 neighborhood. Technical Levels R1: 96.16 R2: 96.34 R3: 96.68 S1: 95.64 S2: 95.30 S3: 95.12 Read More...

China's GDP growth declines to 6.5% - ABN AMRO

10/19/2018
at 1:37 PM
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ABN AMRO economist, Arjen van Dijkhuizen suggested that real GDP growth for China in Q3 2018 came at 6.5% as growth came soft as compared to the growth of Q2 and Q1. Key Quotes “The slowdown was driven by the industrial sector, whereas growth in the primary and tertiary sectors ... Read More...

US: Existing home sales for Sept 5.15m vs 5.29m estimated

10/19/2018
at 12:59 PM
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Prior was 5.34m (revised to 5.33m) Sales -3.4% m/m vs -0.2% prior Read More...

USD/CAD hits above 1.3100 after Canadian macro data

10/19/2018
at 12:59 PM
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USD/CAD rallies 90 pips above 1.3100 handle to post the one month top after soft Canadian macro data. The CPI for Canada in September fell to 2.2% against 2.7% expected while retail sales also fell to 0.1%. This added with goodish rebound in the USD amid rise in treasury yields ... Read More...

Canadian: Retail sales for Aug -0.1% vs 0.3% expected

10/19/2018
at 12:43 PM
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Retail sales ex Auto -0.4% vs 0.1% expected and 0.9% prior prior revised to 0.8% Read More...

Canada: CPI for Sept +2.2% y/y vs +2.7% estimated

10/19/2018
at 12:23 PM
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Prior was +2.8% y/y Prices -0.4% m/m vs +0.0% expected (some forecasts had +0.1% as the consensus) Prior m/m was +0.1% Core numbers y/y: Core common +1.9% vs 2.0% prior Core median +2.0% vs +2.1% prior Core trim +2.1% vs +2.2% prior Read More...

Gold bulls crack above 100 day MA

10/19/2018
at 12:16 PM
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Gold has sharply reversed the down tick move from $1223 in the European session and is now above 100 day MA around $1228. The US Dollar could not maintain the previously built positive traction while global risk averse environment triggered safe haven appeal of the gold. Technical Levels to Watch ... Read More...

EUR/GBP rebound corrective in nature - CommerBank

10/19/2018
at 10:00 AM
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According to CommerzBank analysts, rebound in EUR/GBP is considered as corrective only. Key Quotes “EUR/GBP continues to recover off the .8723 Fibonacci retracement which guards the 8700/.8697 June low. This rebound is viewed as corrective only and near term rallies will find initial resistance at .8834 200 day ma ahead ... Read More...

EUR/JPY dips and finds support at 128.30

10/19/2018
at 9:43 AM
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Offered tone around Euro triggered the leg lower sharply in EUR/JPY forcing the downside to 128.30 on Thursday. Further intense selling may lead to 127.86 ahead of 124.88. Only closing above 129.00 can alter the bearish outlook as 10, 100 and 55 day MAs are converging at this level. Technical ... Read More...