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Crude Oil and Gold Price Rise as USD looking for Strong Support

Talking Points: Crude oil prices rise to levels unseen since mid-2015 as the US Dollar Sinks Gold prices find familiar support as Treasury bond yields fall alongside USD What are the forces driving long-term crude oil price trends? Find out here A plunging US Dollar translated into gains for commodities. The currency fell alongside Treasury … Continue reading "Crude Oil and Gold Price Rise as USD looking for Strong Support"

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AUD/USD Recovering after Breaking Continuity of Downtrend

Talking Points: AUD/USD Technical Strategy: Long at 0.7666 Aussie Dollar breaks three-month downtrend, implying at bullish pattern inversion Strategic long position enacted, searching for move to test protection over 0.77 The Australian Dollar looks ready to dispatch a recuperation against its US partner in the wake of breaking above protection managing the downtrend since early … Continue reading "AUD/USD Recovering after Breaking Continuity of Downtrend"

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As per Technical Analysis EUR/USD Forecasting for 5 December

The EUR/USD pair gapped lower at the open on Monday, as traders got excited about a potential tax bill being signed in the United States. However, there are is the larger picture to pay attention to. Technical Analysis of EUR/USD As we opened the trading session on Monday, we obviously gapped lower in favor the … Continue reading "As per Technical Analysis EUR/USD Forecasting for 5 December"

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Unrefined petroleum Prices May Fall as Gold Gains Amid Risk Aversion

Notes: Unrefined petroleum costs may take after stocks bring down in the midst of wide-based hazard avoidance Gold costs may progress as souring slant weighs against security yields How are our final quarter items gauges faring? Unrefined petroleum and gold costs discovered little impulse for incline advancement in the course of recent hours, grieving inside … Continue reading "Unrefined petroleum Prices May Fall as Gold Gains Amid Risk Aversion"

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Weekly Outlook of Singapore Exchange Market 10-NOV-17

Weekly Outlook Market 10-NOV-17 The benchmark Straits Times Index went higher by 37.79 points or 1.12% last week. STI opened lower at 3380.36 and ended much higher at 3420.10 with the weekly low of 3368.10. The market has shown much bull power and it continues the uptrend after finding much support around 3358 level. The … Continue reading "Weekly Outlook of Singapore Exchange Market 10-NOV-17"

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