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USD trades mixed after Powell’s statement

Euro Trades Flat After Bullish Momentum Fail The euro currency is trading rather flat after prices posted a modest gain intraday. After rising to highs of 1.0896, the euro currency gave back the gains. Price action, however, remains firm to the upside for now, trading above the 1.0818 level of su

GBP/USD Outlook: Extended bears pressure major supports

GBP/USD Cable probed below 1.22 handle in European trading on Thursday, extending weakness below daily cloud and pressuring key barriers at 1.2174/64 (Fibo 38.2% of 1.1409/1.2647/7 Apr low). Stronger dollar after Fed's Powell dismissed negative rates weigh on pound, already pressured by record GDP
So Real #Facts
candlestick patterns share #candlestick# #FX#

New Zealand: Economic support package more massive than expected – Westpac

The New Zealand Government announced an additional $50bn of support and recovery measures to deal with the Covid-19 pandemic, a much larger stimulus than expected, per Westpac. NZD/USD trades at 0.5983. Key quotes “The Government has announced a $50bn economic recovery fund to tackle the Covid-19

ECB Economic Bulletin: Euro area GDP could fall between 5% to 12% this year

In its latest economic bulletin released after the April policy meeting, the European Central Bank (ECB) highlighted that the Euro area GDP could fall between 5% to 12% this year. Additional takeaways “Survey indicators suggest a sharp contraction in economic growth.” “Also, a profound deteriorat
Buy Now EURUSD! 12/05/2020 Price: 1.0845 SL: 1.0795 TP: 1.0900 #FX# #trading# #FolloWebinar# #Todayanalysis# #TradeNotes#
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EUR/USD: On the verge of losing uptrend support

Thursday's four-hour chart is showing that the EUR/USD pair is on the verge of losing uptrend support, as FXStreet’s analyst Yohay Elam notes. Key quotes “Momentum on the four-hour chart is leaning lower and the EUR/USD pair is trading below the 50, 100, and 200 Simple Moving Averages.” “Immediat

Murrey math lines: USD/CHF, Gold

USD/CHF, “US Dollar vs Swiss Franc” In the H4 chart, XAUUSD is moving above 5/8. In this case, the price is expected to grow towards 8/8. Later, the price may break this level and then continue trading upwards with the target at +1/8. However, this scenario may no longer be valid if the price break

Pull-up Update