USDJPY

USD/JPY Bullish Reversal with Break...

The USD/JPY is building a larger bullish reversal after hitting the key support zone at 109. The bullish reaction…

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ElliotWave

Elliott Wave Analysis of SPY...

Since the last post, its declined nicely, the completion of a 5 wave decline from 295.38 into 279.74, followed…

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Forex update: Puzzles

The EURUSD is driving me mad. I’m sure that Jean-Claude Juncker drinks too much. I’m coming down to either…

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USDCNY

Chinese Yuan Looking For Further...

The Yuan (CNY) is the basic unit of the Renminbi which represents the official currency of the People’s Republic…

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EURGBP

EUR/GBP Sees Additional Price Strength...

EURGBP sees additional price strength on bull pressure following its recent strength. On the downside, support stands at the…

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Trade war favors the US...

Outlook: We get April leading economic indicators and the University of Michigan preliminary May consumer confidence and inflation expectations.…

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Gold

Gold: The dailies still point...

GOLD Same rule apply today….we are still short looking to cover down to 1281….Currently we will only re-sell below…

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HK50 falls below MA(50)  05/17/2019 Market Overview IFC Markets chart

SP500 rises third straight session

Dollar strengthening accelerates on strong housing and manufacturing data US stock market extended the rebound to third session in a…

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EUR/USD technical analysis: The 1.1180...

The Michigan Consumer Sentiment Index for May is expected to come out at 97.5. It is scheduled for 14:00 GMT.…

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USD/CAD technical analysis: Bulls gearing...

   •  The USD/CAD pair built on the overnight goodish bounce from the 1.3400 handle, or weekly lows, and…

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