Last week, the EURUSD moved higher as price rebounded following a decline to 1.2200 area the previous week. Notice the false break of key resistance (failed breakout) up near 1.2520 that occurred last Friday, this could lead to a pullback this week as this is a formidable resistance level having given …
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And as we can see from the weekly chart the major correction in the primary indices has had a relatively 'muted' impact on the longer term bullish trend, and whilst the stock price did indeed spike lower, the price was relatively contained as BA traded in a range of $30 before closing as a doji candle.
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… – The US Dollar is nearing the end of what's been a really strong week, coming on the heels of last week's sell-off that produced a fresh three-year low on Thursday night. But after that low, a bullish engulfing candlestick showed-up on Friday's price action, and that strength has continued throughout …
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The British Investment Association is calling on banks and brokers to provide greater transparency when they give reasons for pulling out of an FX trade at the last moment. As it currently stands, fund … The FX trading market in London averages a daily turnover of over $2 trillion. The sheer size of the …
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