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EUR/GBP Price Analysis: Tuesday's drop has exposed 50-day SMA support
EUR/GBP carved a bearish candlestick pattern on Tuesday.
A move above 0.9140 is needed to invalidate bearish pressures.
On Tuesday, EUR/GBP fell by over 0.70% from 0.9135 to 0.9160, forming a bearish marubozu candle, which comprises of big red body and little or no wicks.
The bearish marubozu val
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Gold Price Analysis: Key levels to watch ahead of Fed, upside still favored – Confluence Detector
Gold (XAU/USD) treads water around $1950, as the bulls turn cautious in the run-up to the Fed showdown. The dovish Fed expectations amid coronavirus-led economic risks and US fiscal stand-off keep the upside favored in the yellow metal.
The buyers, however, await a fresh impetus for the next push hi
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