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EUR/GBP May Decline to 0.83 in a Year - Danske Bank

Team FX Trading Revolution | Aug 20, 2018

US Dollar Recovery Struggling Around 96.30

Team FX Trading Revolution | Aug 20, 2018

Weekly EURUSD, GBPUSD, USDJPY Analysis August 20 - August 24, 2018

Team FX Trading Revolution | Aug 20, 2018

USD/CAD Supported at 1.3050 as USD Strengthens

Team FX Trading Revolution | Aug 20, 2018

NZD/USD Rally May Run Out of Steam

Team FX Trading Revolution | Aug 20, 2018

AUD/USD Capped by 55 SMA

Team FX Trading Revolution | Aug 20, 2018

GBP/USD Bears to Cap at 1.2750

Team FX Trading Revolution | Aug 20, 2018

NABE: Trump's Tariff to Leave Negative Impact on US Economy

Team FX Trading Revolution | Aug 20, 2018

USD/JPY Bulls Look Exhausted

Team FX Trading Revolution | Aug 20, 2018

Gold Shows Signs of Life

Team FX Trading Revolution | Aug 20, 2018

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EUR/GBP May Decline to 0.83 in a Year - Danske Bank

08/20/2018
at 9:09 AM
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Danske Bank analystssuggest that EUR/GBP may target 0.8300 within a year. Key Quotes “EUR/GBP moved back up to the high end of 0.89s on Friday, driven by the broad-based EUR recovery. As such, the cross could still edge higher from here, but the market is relatively short GBP and the ... Read More...

US Dollar Recovery Struggling Around 96.30

08/20/2018
at 8:17 AM
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US Dollar has bounced off the lows after mild retracement as the bullishness runs out of steam. After losing for two consecutive sessions, the index has started off positively but the bulls are struggling to post any meaningful recovery. Meanwhile, US-China trade talks have not posted any fresh development and ... Read More...

Weekly EURUSD, GBPUSD, USDJPY Analysis August 20 - August 24, 2018

08/20/2018
at 8:00 AM
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US Dollar Fundamental Outlook – All eyes on Jackson Hole this week The focus this week is on the FOMC minutes from the last Fed meeting released Wednesday, and on the economic symposium at Jackson Hole that will take place on Friday and Saturday. The heads of the major central ... Read More...

USD/CAD Supported at 1.3050 as USD Strengthens

08/20/2018
at 7:03 AM
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USD/CAD is playing in a narrowed range as the week starts and is consolidating the Friday losses near 1.3050 area. The recent upbeat CPI figures for Canada have posted much strength to the CAD and now the odds of BoC rate hike have increased to 76%. FOMC policy minutes are ... Read More...

NZD/USD Rally May Run Out of Steam

08/20/2018
at 6:55 AM
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NZD/USD has move slightly above the 200 hour MA at 0.6615 posting highs around 0.6642 in the early Asian session. The pair recovered from 36 months lows of 0.6544 on Thursday as risk sentiment improved amid fresh US-China trade talk initiative. However, the uptick move does not have strong conviction ... Read More...

AUD/USD Capped by 55 SMA

08/20/2018
at 6:44 AM
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AUD/USD has paused the three days rally and catches fresh selling pressure as the new week begins. Political tension in the country have helped bears reactivation. Moreover, there's no recent development about US-China trade talks while copper prices are too falling. Technical Levels The recent rally looks corrective in nature ... Read More...

GBP/USD Bears to Cap at 1.2750

08/20/2018
at 6:31 AM
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GBP/USD has started off on the weaker note consolidating near 1.2750 area while markets are cautious as heading into Brexit and other important releases. Meanwhile, FOMC member Bostic's speech is important that can influence the pricing pattern. Technical Levels Daily RSI is still at 26 suggesting no clear direction but ... Read More...

NABE: Trump's Tariff to Leave Negative Impact on US Economy

08/20/2018
at 6:24 AM
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Current survey by National Association of Business Economists reveals that Trump's tariffs will leave negative impact on the US economy. Key Findings via Reuters Most economists expect tax cuts to aid expansion in 2018 before eventually fading. Approximately 67% saw negative effects if US withdraws from NAFTA. 91% of respondents ... Read More...

USD/JPY Bulls Look Exhausted

08/20/2018
at 6:13 AM
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USD/JPY hourly chart reveals that bulls could not capitalize the breakout of falling wedge on Aug 14. Meanwhile, the H4 chart shows that the price lies below 50, 100 and 200 SMAs which is signalling the path of least resistance to the downside. Falling below 110.00 will confirm the end ... Read More...

Gold Shows Signs of Life

08/20/2018
at 5:41 AM
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Gold has formed bullish doji candle on Thursday followed by confirmation on Friday. It's short term reversal of bearish to bullish trend. So it looks safe to buy gold that lost 15% in the recent four months. Meanwhile US Dollar looks like forming top and is retracing which will add ... Read More...