Dollar Breaks Out Verus JPY, Next Stop 1.10

Momentum on the currency pair is positive on a daily, weekly and monthly basis. The MACD generated a buy signal on both the daily and weekly …
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Another interesting financial correlation with the FX market is that of U.S. … In relation to the forex market, the local currency tends to move in tandem …
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The four hour chart reveals a struggle amongst traders at the 106.43 barrier. Yet the bulls appear … By David de Ferranti, Currency Analyst, DailyFX.
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A Harami pattern in intraday trade failed to find follow-through with sellers sitting on the 0.8260 … By David de Ferranti, Currency Analyst, DailyFX.
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