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Selling rallies offers good risk/reward in USDJPY

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The US dollar traded lower against the Japanese yen, and broke an important support area. It is correcting higher as of writing. However, I...

Downward bias in AUDJPY after mild profit taking

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The Australian dollar was recently crushed against a number of currencies, including the US dollar and the Japanese yen. However, it looks like that...

Scots voted to stay in the UK, GBPUSD surges and remains...

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The British pound was seen trading higher against almost all major currencies, as the voting results are out, which suggests that the Scotland would...

Buy dips in GBPUSD as buyers in control

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The British pound is not willing to give up easily, as it managed to gain buyers against the US dollar around the 1.6100 level....

Negative signals indicate losses to extend for GBPJPY

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The British pound continued its decline against the US dollar and the Japanese yen this week. It opened with a monster gap lower, and...

AUDNZD – Selling with a break favored

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The Australian dollar is trading higher Intraday against a few major currencies, including the US dollar and the New Zealand dollar. The AUDNZD pair...

Euro looks set for more gains vs Aussie

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The Euro was seen trading lower against the US dollar, but it managed to gain some bids against the Australian dollar. The EURAUD pair...

AUDUSD – Buying With A Break Preferred

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The Australian dollar was seen consolidating against the US dollar. The AUDUSD pair recently traded below the 0.9300 support level, and now trying to...

USDCAD has a lot of upside potential

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The Canadian dollar was seen trading higher against the US dollar. However, it looks like the USDCAD pair has managed to gain buyers, and...

GBPAUD sellers to return after short-term correction

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The British pound was seen trading lower yesterday, as the BOE quarterly inflation report highlighted a few concerns of the central bank. The British...

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