USD/CHF Primed For Further Upsides Above 0.9950

Key Highlights The US Dollar gained momentum above 0.9850 and broke 0.9900 against the Swiss Franc. USD/CHF remains supported near 0.9880 and a key bullish trend line on the 4-hours chart.The US PPI increased 1.8% in August 2019 (YoY), more than the 1.7% forecast.The US CPI could increase 0.1% in August 2019 (MoM), less than the last +0.3%. USD/CHF Technical Analysis ...
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EUR/GBP Remains In Uptrend Above 0.8940

Key Highlights The Euro rallied recently and traded above the 0.8900 and 0.9000 resistances against the British Pound. There is a crucial bullish trend line formed with support at 0.8960 on the 4-hours chart of EUR/GBP. The US CPI in Nov 2018 increased 2.2% (YoY), similar to the forecast, but less than the last 2.5%. Today, the ECB Interest Rate Decision is lined ...
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EUR/JPY Downsides Remain Supported Above 132.60

Key Highlights The Euro remains in a crucial uptrend and is positioned well above 132.00 against the Japanese Yen. There is an important bullish trend line formed with support at 132.60 on the 4-hours chart of EUR/JPY. The pair may correct in the short term, but it remains supported around 132.75 and 132.60. Today, the ECB interest rate decision is lined up, and t...
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EUR/GBP Remains in Steady Uptrend

Key Highlights The Euro made a nice upside move and traded above the 0.8920 resistance against the British Pound. There is a connecting bullish trend line forming with support at 0.8920 on the 4-hours chart of EUR/GBP. The Euro Zone Gross Domestic Product increased 0.6% in Q4 2017, similar to the market forecast. Today, the ECB Interest Rate Decision will be annou...
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USD/CHF – US Dollar In Monstrous Uptrend Vs Swiss Franc

Key Highlights The US Dollar climbed higher this week and moved above 0.9840 against the Swiss Franc. There is a short-term bullish trend line forming with support at 0.9880 on the 4-hours chart of USD/CHF. The US New Home Sales in Sep 2017 increased by 18.9% (MoM), better than the forecast of -0.9%. Today, the US Pending Home Sales for Sep 2017 will be released, ...
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AUD/USD – Aussie Dollar Remains in Major Uptrend Vs US Dollar

Key Highlights The Aussie Dollar is positioned nicely above the 0.7900 handle area against the US Dollar. There is a crucial ascending channel with current support at 0.7950 forming on the 4-hours chart of AUD/USD. Australia’s trade balance in July 2017 posted a surplus of 460M, less than the forecast of 875M. Australian’s Retail Sales in July 2017 posted no c...
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EURJPY – Euro Poised For Continued Strength Versus Yen

EURJPY – Euro Poised For Continued Strength Versus Yen Key Highlights The Euro recovered well against the Japanese yen post the Brexit decision decline and currently looks set for more gains. There is a bullish trend line formed on the 4-hours chart of the EURJPY pair acting as a support. Today in the Euro Zone, the ECB Interest Rate Decision will be announced by ...
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