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EUR/USD Technical Analysis: Down Trend is Back for EURUSD

EUR/USD TECHNICAL STRATEGY: SHORT AT 1.2407 Euro withdraws from 10-year protection break counter-drift bolster. The rupture beneath quick help opens the way to test 1.18. Searching for enhanced hazard/remunerate settings to add to the short position. The Euro hopes to have denoted a noteworthy drawback inversion, finishing a here and now uptrend and continuing 10 years in … Continue reading "EUR/USD Technical Analysis: Down Trend is Back for EURUSD"

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Fed Rate Decision, It’s Time to Rethink Before you Trade

The FOMC rate choice is expected at 18:00 GMT Wednesday, yet the likelihood of a climb at this gathering is a meager 5 percent. Notwithstanding the improbable result of an adjustment in the arrangement at this gathering, a more attuned market can use the response from a figure. A hesitant turn for the ECB, BOE, … Continue reading "Fed Rate Decision, It’s Time to Rethink Before you Trade"

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Downtrend is Continue for British Pound BOE Outlook

British Pound vulnerable if soft PMI cools BOE rates outlook further. ISM data unlikely to drive US Dollar volatility as FOMC looms large. Aussie Dollar shrugs off RBA, Canadian Dollar up with Crude Oil UK manufacturing PMI data headlines an otherwise quiet European data docket. It is expected to show that the pace of factory-sector activity growth … Continue reading "Downtrend is Continue for British Pound BOE Outlook"

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EURO Forecast Down Trend is Continue as Inflation Rates Decline

Major Forecast for EUR/USD: The European Central Bank clarified that while it expects on going down its QE program, loan fees will stay low for a broadened timeframe. Upcoming preparatory April expansion information for Germany and the Eurozone will demonstrate that value weights stay frail. The Euro had a blended week as the timetable turned … Continue reading "EURO Forecast Down Trend is Continue as Inflation Rates Decline"

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2.3% U.S. Financial Development Give a Boost to USD

U.S. financial development cooled last quarter as customers pulled back after outsize spending in the earlier period, however strong business venture padded a portion of the shortcoming. Total national output, the estimation of all merchandise and ventures created in the country, ascended at a 2.3 percent annualized rate in the wake of climbing 2.9 percent … Continue reading "2.3% U.S. Financial Development Give a Boost to USD"

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