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EURUSD

Relu21 Posted 7 Giu  in #Trader's blog #Eurusd
EURUSD- 07/06/2018
Despite the latest round of setbacks into the 1.1500 area, the Euro remains confined to a medium term uptrend, with any additional weakness expected to be limited. Daily studies are already turning back up after the market finally dropped back to retest a major previous resistance turned support zone in the form of the breakout area from 2017. A daily close back above 1.1830 will strengthen the constructive outlook.
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Canada Ivey Purchasing Managers Index (PMI)

Relu21 Posted 6 Giu  in #Trader's blog #Canada Ivey Purchasing Managers Index Pmi
Canada Ivey Purchasing Managers Index (PMI)
The Ivey Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in Canada. A reading above 50 indicates expansion; a reading below 50 indicates contraction. The index is a joint project of the Purchasing Management Association of Canada and the Richard Ivey School of Business. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leadin…
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U.K. Construction Purchasing Managers Index

Relu21 Posted 4 Giu  in #Trader's blog #U K Construction Purchasing Managers Index
U.K. Construction Purchasing Managers Index
The Chartered Institute of Purchasing and Supply (CIPS) Construction Purchasing Manager's Index (PMI) measures the activity level of purchasing managers in the construction industry. A reading above 50 indicates expansion in the construction industry; a reading below indicates contraction. It gives an indication about the health of the construction section in the UK. Traders watch these surveys closely as purchasing managers usually have early access t…
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