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Forex Opinion & Analysis

Tomasz Wiśniewski
EUR/USD: Hammer On 38,2% Fibo By Tomasz Wiśniewski - 11 hours ago

Monday starts on the EUR/USD with the long-awaited reversal. Many sellers can say it is just the dead-cat bounce but the thing is that this upswing is not happening in a random place and is supported...

Marc Chandler
Euro-Swiss Shows Elevated Systemic Risk By Marc Chandler - 12 hours ago

The Swiss National Bank's decision in January 2015 to remove the cap on the Swiss franc (floor on the euro) that it has set at CHF1.20 is seared into the memory of a generation of foreign-exchange...

Helen Rush
Gold Will Continue To Bleed By Helen Rush - 15 hours ago

Gold prices hit five-month lows on Monday, as the bearish pressure on the safe haven metal has intensified after the reports that US and China decided to put the trade war “on hold”. Good...

Wojciech Podobas
USD/PLN Facing Resistance At 3.6673 By Wojciech Podobas - 15 hours ago

On Monday 21st May the USD/PLN hit the resistance at 3.6673, reaching the highest level in 2018. The strong USD/PLN uptrend from the beginning of the year needs to overcome the resistance set in 2017....

JFDBrokers Team
AUD/JPY Breaks Above 83.40 By JFDBrokers Team - 15 hours ago

AUD/JPY opened with a positive gap on Monday and during the Asian morning, it managed to break above the resistance (now turned into support) barrier of 83.40, as well as above the downside resistance...

FIBO Group
Pound Hits A New Yearly Low By FIBO Group - 15 hours ago

The British pound has racked up a new low for the year after an interview yesterday by SNP leader Nicole Sturgeon who noted that the push for another independence vote in Scotland would begin in the...

Daily Forex Update: USD/JPY By AutoChartist - 16 hours ago

USD/JPY continues to rise inside the clear 15-minute Up Channel pattern which was recently identified by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level –...

Kenny Fisher
Canadian Dollar Drifting In Holiday Trade By Kenny Fisher - 16 hours ago

The Canadian dollar is steady in the Monday session. Currently, USD/CAD is trading at 1.2871, down 0.14% on the day. On the release front, Canadian banks are closed and there are no Canadian...

Marios Krausse
Euro Continues Slide On Italy Concerns By Marios Krausse - 18 hours ago

The euro continued its losing streak on the back of concerns over the future of the European union. Prospects of an euro-sceptic coalition in Italy have renewed the political risk for the euro....

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