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Market Updates

EURUSD double bottom

After US data was released, the USD got sold across the board, letting EURO move up and breaking a resistance. This could be seen as a double bottom pattern, nevertheless, the main short term trend is bearish for this pair, ...
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GBPUSD bouncing from key support

GBPUSD has managed to bounce from a key level. This bounce comes when GBP officials said they are ready for Brexit negotiations. Nevertheless, GBP is undermined by other officials comments who said it would take months to stabilize the brexit ...
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EURUSD next target 1.1660

EURUSD is proposed to be making a Head And Shoulder pattern. These type of patterns are very profitable and the final target for this pattern that marks the completion comes around 1.1660 - 1.1610 . Good solid US data has made ...
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AUDUSD going to 0.7800?

AUD is under pressure from its counterpart USD. Yellen comments gave some strength to USD index against all other currencies. AUD has broken a major support and its inability to regain the bullish momentum, has made all bullish players to ...
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USDJPY inside a Range

USDJPY is expected to stay inside a range. This due to USD strength expecting Yellen's speech. The pair is expected to stay inside a range between 111.00 and 112.50 both important technical levels for the pair. A move down cannot ...
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EURUSD surrounded by uncertainty

Political uncertainty on German Elections has pushed EURUSD lower this week. The pair has extended its decline this week after failing to breach 1.20 last week. After multiple attempts being rejected, bears took control over the pair pushing it down ...
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Forex Brokers

Forex Brokers Checklist

This is the checklist any trader should review before making any deposit ...
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Choosing a Forex Broker

We are talking about a place where you will deposit your money. There are millions of novice traders around the world who don't take this as a serious part of ...
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Forex Trading Tips

Watch Interest Rates

it is important to watch the interest rates. iNterest rates are the key for the difference in prices between currencies. text it is important to watch the interest rates. iNterest rates are the key for the difference in prices between currencies ...
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