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AUD/USD: Further rangebound looks likely – UOB
There is still room for the continuation of the consolidative theme around AUD/USD in the next weeks, suggested FX Strategists at UOB Group.
Key Quotes
24-hour view: “We expected AUD to trade within a 0.6835/0.6895 range yesterday. AUD initially dropped to 0.6833 before making a rapid turnaround and
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Australian dollar jumps after upbeat manufacturing PMI data
The Japanese yen gained against the US dollar as traders reacted to mixed economic data from the country. According to Markit, Japan’s manufacturing PMI rose to 40.1 in June from the previous 37.8. This number implied that manufacturers made some gains in June as the country started to reopen. Anoth
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Macron-Merkel heading to Meseberg, again
Market movers today
Markets will continue to monitor the global COVID-19 development, as global cases now top 10,000,000 and global deaths unfortunately are set to climb above 500,000 today. In particular, the US situation continues to worsen and the reopening in e.g. Texas is now on halt. We are co
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EUR/JPY Price Analysis: Bid above 121.00 as key MAs eye bull cross
EUR/JPY's daily chart shows an impending bull cross of long-term averages.
Price patterns also indicate the path of least resistance is to the higher side.
EUR/JPY is looking to extend Monday's gain with key simple moving average (SMA) indicators eyeing their first bullish turn since November 2019
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- 救赎之路 :初级广告玩家,复制粘贴他人的知交易记录,中间做起拉皮条的生意,但始终会让人想不明白一个问题。这么好的ea,这个人为何不卖了房子自己干?
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GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.2237; (P) 1.2313; (R1) 1.2375;
Intraday bias in GBP/USD stays on the downside at this point. Fall from 1.2813 should target 1.2065 support. Decisive break of 1.2065 support will confirmation completion of whole rebound from 1.1409. Deeper decline would then be seen to retest 1.1
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Pull-up Update