The dollar moved back lower against the other majors currencies on Friday, as uncertainty over the outcome of next week’s U.S. presidential election overshadowed the release of mostly positive U.S. data. EUR/USD edged up 0.13% to 1.1119, re-approaching Thursday’s three-and-a-half week high of 1.1128. Elsewhere, GBP/USD climbed 0.63% to a fresh one-month peak of 1.2538. The Australian and New Zealand dollars remained weaker, with AUD/USD down…
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Dear Fellow Traders, Saudi Aramco has raised the prices for all grades of crude it sells to Asia for December loading, two sources with knowledge of the matter said on Thursday. The December price for Saudi Arab Light crude for Asian customers rose by 90 cents a barrel from the previous month to a premium of 45 cents a barrel to the Oman/Dubai average, they said. In my opinion the, the AUD/USD pair will also move and I bet for this pair. as of writing the AUD/USD is at 0.7686. Today's range 0.76…
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Good morning traders, The following AUD pairs yesterday was drowned and managed to get up, is it an indication of Australian October Services PMI: 50.5 (prior 48.9) AUD/USD bottom .76117 Top .76744 AUD/CHF bottom .74057 Top .74608 AUD/GBP bottom .62101 Top .62510 Three of the five activity sub-indexes above 50 points in October Employment rising 8.6 points to 52.9 New orders fell 1.4 points to 52.3 points Sales dropped by 2.2 points to 51.1 points Stocks (up 0.6 points to 41.7 points) and suppli…
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Happy Trading Fellow Traders, Intraday bias in USD/CHF remains neutral for consolidation below 0.9998 temporary top. Further rise is mildly in favor with 0.9842 support intact. Sustained trading above 0.9955 will confirm that whole decline from 1.0372 has completed at 0.9443 already. In that case, USD/CHF should target a test on 1.058. Meanwhile, break of 0.9842 support will dampen this bullish view and will turn bias back to the downside for 0.9639 support instead. Goodluck Everyone.
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Have a happy trading week fellow traders, A recent news about the European Union has given Belgium’s federal government until late on Monday to secure backing for an EU-Canada trade deal from the region of Wallonia or a planned summit to sign the pact will be cancelled. And also oil prices had an eventful week as a surprise major drawdown in U.S. oil inventories appreciated the price per barrel, but oversupply fears after comments from the Russian Energy Minister suggested the oil producing gia…
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As of today and almost two weeks has been past, the USD still the favourable currency. I am looking for a rebound against USD to regained some part of my capital. Find herewith today's trading orders. AUD/USD Topside 0.9125-35 Sell orders 0.9080-85 Sell orders Downside 0.9050-60 Buy orders 0.9000-20 Buy orders USD/JPY Topside 107.80-00 Sell orders 107.40-50 Sell orders Downside 106.65 Sell stops 106.40-50 Buy orders 105.90-10 Buy orders EUR/USD Topside 1.3040-50 Sell orders 1.2975-85 Sell orders…
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Yesterdays close is really hurt for the AUD the here it comes this morning the unfavourable data result. At the moment the AUD is a bit rebounding and hoping to bounce until it is above .9235. AUD/USD
Sellers 0.9300 and layered higher through to 0.8350 then 0.9380/00
Buyers 0.9280 layered lower through to 0.9190 – there are some stops below 0.9275 and 0.9260
While the EURUSD opened the day at 1.2893, slid to 1.2866 low not seen since July, 2013, and rebounded to current 1.2884. The pair became …
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After suffering a deepest wound yesterday, today the EUR is expected to go South during the opening bell of Europe here we go. EUR/USD SELL AT 1.2972 FOR 1.2788 OBJECTIVE STOP AT 1.3045 In Asia, both the AUD and JPY are waiting to NFP's result, here is our guide for today. USD/JPY LONG AT 103.54 FOR 106.54; STOP AT 104.69 AUDUSD STRONG BUY .9339 .9393 .9416 .9480 .9505 Goodluck Everyone! KLINCH
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USDJPY to day is moving nowhere direction, following the BoJ's decision today to keep monetary policy unchanged in August, governor Haruhiko Kuroda said that the record easing was maintained in order to offset the still visible impact of the sales tax hike implemented in April. He pointed to the good performance of the Japanese economy, which has been growing above potential despite the drop in demand. The situation labor market continued improving and investment activities of firms accelerated,…
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