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29.09 - EUR/GBP keeps late-Monday pullback

EUR/GBP trims early-Asian losses while picking up the bids near 0.9080/85 during the pre-European trading on Tuesday. In a case where the buyers manage to cross the 0.9120 upside barrier, another downward sloping trend line, from September 11, at 0.9180 now, will be in the spotlight. Alternatively,
Having all the different patterns in one diagram really helps me, and I hope that this would help you too👍

PBOC fixes Yuan Mid-Point against USD at 6.8171 (est 6.8133)

People Bank of China fixed the Yuan Mid-Point against the US dollar At 6.8171 (est 6.8133). China's central bank is also to inject 100 bln yuan via 14-day reverse repos. Managing China’s complex monetary policy, the PBOC sets a so-called daily midpoint fix, based on the yuan’s previous day closing l
Hi from Germany, where the pandemic has hit the German Lander differently. Saarland, w/its strong auto and steel industry, lost almost 10% of its economic output in H1 2020, while Berlin only lost 5%....


#XAU/USD# Hello trader's Last week's US DOLLAR lead in market, with gold price closed at 1861 market. Looking ahead to next week, if the price breaks the wedge type pattern it could help us determine the short term direction.
24 Sept

Sensex Tumbles 550 Points; Nifty Dips Below 11,000

Indian shares opened sharply lower on Thursday, tracking weak global markets and amid caution ahead of the expiry of September series derivative contracts. The benchmark S&P BSE Sensex plunged 550 points, or 1.46 percent, to 37,119 in early trade, while the broader NSE Nifty index was down 162 p
24 Sept

Oil Near $42 After Warnings on U.S. Economy and Crude Demand

(Bloomberg) -- Oil fluctuated between gains and losses in London following warnings over global energy demand and the state of the U.S. economy.Crude in London traded near $42, swinging with global markets as a rout in stock markets eased. The outlook remains cautious though, after Federal Reserve o
23 Sept
Timeframe suggestion: start from weekly or daily to get a feel for where you are and the direction of the trend. then move to 4hr to get more data from the candles and look for any patterns and supply...

AUD/USD drops 30 pips after RBA's Debelle says lower AUD would benefit economy

AUD/USD runs into offers as RBA's Debelle says intervention is a policy option.  A weaker AUD would be beneficial for Australia's economy, Debelle added.  Sustained risk aversion in global equities could yield a deeper decline in the AUD. The offered tone around the Australian dollar strengthened o

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21 Sept

South Korea Bourse May Test Support At 2,400 Points

The South Korea stock market on Friday halted the two-day slide in which it had stumbled almost 40 points or 1.8 percent. The KOSPI now rests just above the 2,410-point plateau although it's likely to face renewed selling pressure on Monday. The global forecast for the Asian markets is soft with con

European Stocks Close Notably Lower On Growth Concerns, Virus Jitters

European stocks ended notably lower on Friday amid rising worries about a surge in coronavirus cases across Europe and several other parts of the world, and growing uncertainty about the pace of economic recovery. Disappointment over the three central banks, the Federal Reserve, Bank of England and
19 Sept
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EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0739; (P) 1.0752; (R1) 1.0775; EUR/CHF recovers ahead of 1.0721 support but stays well below 1.0877 resistance. Intraday bias remains neutral first. On the upside, break of 1.0877 will resume the rise from 1.0602 and target a test on 1.0915 high next. On the downside, however, b
18 Sept


The GBP/USD was seen to stay around the 1.2975 levels. The pair may keep the upside momentum as the MACD is flashing bullish signals, but it is prudent to wait for a break above 1.3030 (a joint of 100-bar and 200-bar EMAs) to further challenge the 1.3060). Overall, most are watching the progress of

Pull-up Update