EURUSD – Euro May Climb Further Vs US Dollar On Risk Sentiment

EURUSD – Euro May Climb Further Vs US Dollar On Risk Sentiment Key Highlights The Euro was seen trading higher this past week, and moved above the 1.1050 resistance against the US Dollar. There was a crucial bearish trend line on the 4-hours chart of EURUSD, which was broken near 1.1050 to clear the path for more gains. Today, the Euro Zone Retail Sales report wil...
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AUDUSD – Aussie Dollar Trend Overwhelmingly Negative

AUDUSD – Aussie Dollar Trend Overwhelmingly Negative Key Highlights             Aussie Dollar remained under a lot of bearish pressure vs the US dollar and traded below the 0.7550 support area. There is a bearish trend line formed on the hourly chart of the AUDUSD pair, which is acting as a resistance. The Australian HIA/AiG Performance of Construction I...
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EURUSD – Can Euro Recover Moving Ahead?

EURUSD – Can Euro Recover Moving Ahead? Key Highlights             Euro managed to gain traction this past week against the US Dollar, and traded above the 1.0920 resistance area. There was a bearish trend line formed on the 4-hours chart of the EURUSD pair, which was breached recently by the bulls. Today, the German Factory orders will be released by th...
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