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Pound may rise now

Attun Posted 2 Mar.
Good morning traders.
We’ve already seen big moves in currencies over the past 2 months with the British pound falling 5.5% and the Japanese Yen rising by approximately the same amount but more swings are likely in the coming months.
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New month and new beginning

Attun Posted 1 Mar.
Good afternoon traders,
New month and new beginning.
Last month although it was a good start but it ended in vain as some of my entries went very wrong. I started with the same positions in which I was stuck last month that is GBP/JPY and GBP/USD. The GBP/USD started in a positive node in the previous month later it fell The pair is struggling to go up but due to one or the other odd reason falling back.
I hope this month the GBP/USD pair will continue its positive momentum.
Good luck to all
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Yen is zooming

Attun Posted 12 Feb.
Good morning Traders,
As every body has watched, since the beginning of February Yen is shooting up against all the major currencies.
We traders have also got significant advantage of the volatile pairs and galloped.
It is going to be interesting what action bank of Japan will take if USD/JPY pair goes below 110. Japan export market will have sharp effect which has already shown deterioration
Good luck.
.
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GBP towards down side

Attun Posted 17 Aug.
New traders often ask me which currency pairs they should they start with -- and my suggestion has always been to consider cable, simply because broker spreads are reasonable and the pair almost always manages to deliver good, solid trading opportunities. However, I have recently had to review this suggestion given cable’s current range-bound price action that has seen the pair rotate around the volume point of control in the 1.5580 region since early July. To date, the range has been capped at …
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Dollar is higher ahead of US data

Attun Posted 14 Aug.
The dollar edged higher against the other major currencies on Friday, as investors eyed the release of a batch of U.S. data later in the day amid growing expectations for a September rate hike by the Federal Reserve.EUR/USD fell 0.11% to 1.1135.The dollar remained supported after data on Thursday showed that U.S. jobless claimsrose more than expected last week, but held near the lowest level since November 1973.The U.S. Department of Labor said the number of individuals filing for initial jobles…
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EUR-USD. uptrend or downtrend

Attun Posted 4 May
EUR/USD has spent the last hours in a slim range near daily lows after being rejected from levels above 1.1200 during the European session.
EUR/USD reached a daily high of 1.1224 but came under pressure following mixed Eurozone data, sliding to a low of 1.1122 before finding support. However, with the subsequent bounce capped by the 1.1190 zone and with US data offering little inspiration, EUR/USD has settled in a range and it was last trading at 1.1155, 0.43% lower on the day.
EUR/USD techni…
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EUR-USD movement

Attun Posted 3 Apr.
Hi traders.
The euro continued its steady rally against the U.S. dollar on Thursday, despite stronger than expected U.S. EUR/USD stood at 1.0892 in U.S. afternoon trading, up 1.20% or 0.0130 from Wednesday's close. The pair rose to 1.0898 ahead of the release of a U.S. factoryorders' report on Thursday morning, before wavering at 1.08 levels for the remainder of the trading session.EUR/USD likely received support at 1.05 its low from Mar. 11 and resistance at 1.14 its high from mid-February. Tra…
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Good start

Attun Posted 3 Mar.
Hello every body.
I think it is a good start of the month for me seeing the name on the first page of the result from the day one. The previous month was also good and could have been better had I wrote the blogs. I only have to blame for it, as writing was not difficult but sluggishness got the penalty of loosing the points on the table.
On the trading side, I would like to say AUD is showing some signs of consolidation. Morning AUD results of Gross domestic product are very important. It will …
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