Dollarkricik
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USD/JPY now looks to test 108.40 – UOB
USD/JPY looks firmer and could now set sails to the 108.40 region in the next weeks, noted FX Strategists at UOB Group.
Key Quotes
24-hour view: “Our view yesterday was that ‘barring a move below 107.30, USD could edge above 108.00’. While USD held above 107.30 (low of 107.51), it did not quite edge
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4th of July fireworks in the SP 500
The only time the bears appeared during yesterday's trading, was at the very U.S. open. A steady move higher followed, with the final hourly upswing erased 15 minutes before the closing bell. How concerning is this?
I don't think it's a setback worth much mentioning. Yesterday's ADP non-farm employm
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EUR/USD Price Analysis: Bear flag breakdown on 15-min chart
EUR/USD's 15-min chart shows a bear flag breakdown.
The pair risks falling to levels under 1.12.
EUR/USD looks south with the 15-minute chart reporting a bear flag breakdown.
That bearish continuation pattern has opened the doors for a drop to 1.1164 (target as per the measured move method). On t
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EUR/USD Price Analysis: Uptrend from May lows looks to have resumed
EUR/USD's 4-hour chart shows descending triangle breakout.
The rally from lows near 1.0750 seen in May has resumed.
EUR/USD jumped 0.58% on Monday, confirming a descending triangle breakout on the 4-hour chart.
The pattern indicates that the rally from lows near 1.0750 observed in May has resume
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