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FX Trade Recommendations – 19 February 2018

FX Trade Recommendations 19 February 2018 New EUR/USD: Short below 1.2415, Target @ 1.2365. SL @ 1.2465 New GBP/USD: Short below 1.4015, Target @ 1.3965. SL @ 1.4065 New USD/JPY: Long above 106.55, Target @ 107.05. SL @ 106.05 New AUD/USD: Short below 0.7925, Target @ 0.7875. SL @ 0.7975 New AUD/NZD: Long above 1.0735,…
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FX Trade Recommendations – 16 February 2018

FX Trade Recommendations 16 February 2018   New EUR/USD: Long above 1.2475, Target @ 1.2525. SL @ 1.2425 New GBP/USD: Long above 1.4045, Target @ 1.4095. SL @ 1.3995 New USD/JPY: Short below 106.25, Target @ 105.75. SL @ 106.75 New AUD/USD: Long above 0.7950, Target @ 0.8000. SL @ 0.7900 New AUD/NZD: Long above…
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As EU Softens Brexit Deal, Pound Strengthens – 15 February, 2018

Sterling advanced against the Dollar for the fourth day, reaching a 10 day high as the European Union considers censuring Britain less during Brexit deals and transitions. The Pound strengthened by 0.2 percent at 88.80 pence per Euro, and rose against the Dollar to $1.4077 or 0.6 percent, advancing a total of 1.7 percent this week.
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FX Trade Recommendations – 15 February 2018

FX Trade Recommendations 15 February 2018 New EUR/USD: Long above 1.2475, Target @ 1.2525. SL @ 1.2425 New GBP/USD: Long above 1.4065, Target @ 1.4115. SL @ 1.4015 New USD/JPY: Short below 106.65, Target @ 106.15. SL @ 107.15 New AUD/USD: Long above 0.7925, Target @ 0.7975. SL @ 0.7875 New AUD/NZD: Short below 1.0730,…
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Gold Rises Despite Weak Dollar – 14 February, 2018

Gold rose 0.6 percent in the to $1,337.02 per ounce, it's highest since the first week of February, despite the Dollar slipping as U.S. inflation data may give an insight to monetary tightening. The Bloomberg Dollar Spot Index continued to fall for a fourth day, down 2.9 percent since the start of the year. In…
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FX Trade Recommendations – 14 February 2018

FX Trade Recommendations 14 February 2018 New EUR/USD: Long above 1.2345, Target @ 1.2395. SL @ 1.2295 New GBP/USD: Long above 1.3865, Target @ 1.3915. SL @ 1.3815 New USD/JPY: Short below 107.35, Target @ 106.85. SL @ 107.85 New AUD/USD: Long above 0.7865, Target @ 0.7915. SL @ 0.7815 New AUD/NZD: Short below 1.0755,…
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Oil Prices Remain Stable Despite Weaker Dollar – 13 February, 2018

Because of oversupply, crude prices remain lower than recent highs, though prices are stable because of expectations that a weak Dollar will encourage the demand for fuel. West Texas Intermediate was down 2 cents to $59.17 per barrel, while Brent Crude was up 5 cents to $62.77 per barrel. U.S. crude inventories rose by 3.9…
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Daily Technical Analysis – 13 Feb, 2018

Daily Technical Analysis – 13 Feb, 2018 EUR/USD Intraday: further advance. Pivot: 1.2280 Our preference: long positions above 1.2280 with targets at 1.2370 & 1.2405 in extension. Alternative scenario: below 1.2280 look for further downside with 1.2255 & 1.2235 as targets. Comment: the RSI shows upside momentum. Green Lines Represent Resistances | Red Lines Represent…
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