Thursday, November 21, 2019
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EURUSD-07-02-2019

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EURUSD-07-02-2019

EURUSD-07-02-2019

Forex - EUR/USD "Euro"

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EUR/USD made a bullish bounce after breaking the round psychological 1.10 support level. The resistance line (red) and wave 4 (orange) pattern, however, make a bearish bounce likely.

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21 Nov, 2019 / 09:33

Investors will be keeping a close eye on Christine Lagarde’s speech on Friday for clues on future policy initiatives, as she is due to speak at a banking conference in Frankfurt.

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21 Nov, 2019 / 09:19

A decline in EUR/USD in the early week was short-lived as the pair was last seen attempting to break to a two-week high

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21 Nov, 2019 / 09:14

The HK Bill in support of the protestors is on its way to the Oval Office. Trump’s signature may well raise doubts over a phase 1 trade agreement.

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20 Nov, 2019 / 23:02

The Euro initially fell during trading on Wednesday but turned around to show signs of life again. At this point, the market is likely to continue the choppy behavior that we have seen, at least of the last couple of years. At this point in time I would anticipate more back and forth.

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20 Nov, 2019 / 15:56

Based on the early price action and the current price at 1.1056, the direction of the EUR/USD on Wednesday is likely to be determined by trader reaction to the long-term uptrending Gann angle at 1.1059.

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20 Nov, 2019 / 14:00

Investing.com - The U.S. dollar was flat on Wednesday ahead of the expected release of the Federal Reserve meeting minutes and as tensions between Washington and Beijing rose.

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20 Nov, 2019 / 09:57

The US president once again used his favourite tactic, raising the level of tension in trade negotiations with China.

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20 Nov, 2019 / 09:14

After failing to take out some major resistance on Tuesday, EUR/USD has reversed lower to erase a bulk of the early week gain.

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20 Nov, 2019 / 09:12

Trade tensions, UK politics, the FOMC meeting minutes and inflation figures out of Canada will keep the markets busy throughout the day…

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20 Nov, 2019 / 02:28

The Euro has rallied slightly during the trading session on Tuesday, but at this point it’s likely that the market is going to run out of momentum, as there are several reasons to think that there is plenty of resistance just above.

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19 Nov, 2019 / 16:08

Important news that could affect the pair are not expected today, therefore the trading and the analysis is going to be technical in it’s nature.

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19 Nov, 2019 / 10:17

Chatter on trade remains the key driver, with negative updates from Beijing weighing on risk appetite early. The RBA added further pressure on the Aussie.

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19 Nov, 2019 / 02:09

EUR/USD rallied for a third consecutive session on Monday but is seen falling into a consolidation near a fairly important horizontal level in early trading today.

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19 Nov, 2019 / 00:16

The Euro has rallied slightly during the trading session on Monday, showing a proclivity to grind higher. However, there is a significant amount of resistance just above so at this point I’m waiting for selling opportunity.

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18 Nov, 2019 / 16:16

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