BilalForex
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EUR/JPY found buyers after three waves pull back
In this technical article we’re going to take a quick look at the Elliott Wave charts of EURJPY, published in members area of the website. As many of you already know, we’ve been leaning towards long positions in YEN pairs. EURJPY recently pulled back in a 3-wave pattern, with buyers stepping in rig
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GBP/USD keeps pushing against 1.2430 support weighed by weak UK employment data
The Pound drops on weak UK employment data, to retest support area at 1.2430. UK Unemployment rate increased to 4.2% in the three months to February against expectations of a 4% reading. Investors’ focus is on Wednesday’s UK CPI data for more clues about the BoE’s monetary policy outlook. The Sterli
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US Dollar Index outlook: Hits five-month high as strong US data raise doubts about rate cuts
US Dollar Index The dollar continues to strengthen against its major peers, extending the steep upleg into fifth straight day and posting new five month high in early Tuesday. The latest economic data from the US showed stronger than expected rise in retail sales, adding to signals that the US econo
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Norway Trade Surplus Shrinks In March
Norway's foreign trade surplus decreased in March from a year ago amid a sharp fall in exports, data from Statistics Norway showed on Monday. The trade surplus dropped to NOK 64.0 billion in March from NOK 77.1 billion in the same month last year. Nonetheless, the surplus grew from NOK 51.7 billion
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FTSE 100 Gains As Miners Surge On Economic Optimism
U.K. stocks edged up slightly on Tuesday, with miners posting strong gains as Shanghai copper prices surged to record highs on optimism around positive factory data out of major economies. The benchmark FTSE 100 was up 16 points, or 0.2 percent, at 7,959 after closing up 0.4 percent on Monday. Minin
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US improvement in manufacturing but services worsen, weak Canada Labour market data, Strong NFP report
Previous week's events (Week 01 - 05.04.2024) Announcements U.S. Economy The U.S. manufacturing sector grew for the first time in 1-1/2 years in March as production rebounded sharply and new orders increased. The survey from the Institute for Supply Management (ISM) on Monday suggested the sector wa
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Ready for Forex Trading Education Challenge? Let's Go with JRFX
Are you ready to take on the challenge of mastering Forex trading? The world of foreign exchange is both exciting and complex, offering immense opportunities for those who are well-prepared. If you're eager to enhance your knowledge and skills in Forex trading, then let's embark on this educational
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Pull-up Update
