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EUR/GBP PAIR REVIEW From the first glance, we can see that EUR/GBP is in a long-term downtrend. This can be seen from the price position which is below the 200 daily moving average (blue line) which is usually considered as a long-term trend...
EUR/JPY Market Outlook Greetings and Good Morning guys! The EUR/JPY market surged to around the 157.37 zone yesterday, driven largely by positive developments from the European Central Bank (ECB). The ECB President's speech, along with the decision...
The price of gold re-entered uncharted territory on Thursday after a fresh acceleration higher (the price was slightly above 1% in early US trading) was prompted by US economic data that added to expectations of a Fed rate cut next week. The price...
Oil experienced a bullish turn on Thursday, breaking above Wednesday's high of 68.32, marking the intraday. The rally comes after a successful test of support in the Fibonacci confluence zone between 65.45 and 65.31, with a weekly low of 65.65. The...