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Forex investments
GBP / USD is trading above 1.3550 again

GBP / USD is trading above 1.3550 again

GBP / USD has gradually recovered from the 1.3520 lows reached during the European session and is now trading above 1.3550, which is 0.1% or 10 pips below its opening price. Trading volumes have declined…

Forex investments
The AUD / USD turns to decline – Analysis – 18/01/2021

The AUD / USD turns to decline – Analysis – 18/01/2021

The AUDUSD pair broke the bullish channel’s support line clearly and settled below it, approaching to complete forming double top pattern that its signs appear on the chart, its confirmation line located at 0.7665, which…

Forex investments
Gold price has recovered

Gold price has recovered

After falling at the open of the week, gold declined, but later resumed growth. Gold dipped below the 200-day MA on Friday and then declined in Asia this morning to hit a low of $…

Forex investments
FOREX Analysis.  Euro slips to fresh lows, safe havens surge

FOREX Analysis. Euro slips to fresh lows, safe havens surge

China notches up positive full-year growth in 2020 As most major economies struggle under the weight of the pandemic, China is demonstrating to the world that a full recovery from the virus slump is possible.…

Forex investments
AUD / USD recovers from weekly lows

AUD / USD recovers from weekly lows

AUD / USD bounced back early in the North American session and hit 0.7688 after falling to a low since January 4 at 0.7658 during the European session. Meanwhile, price action is limited today amid…

Forex investments
Technical Analysis – USD / JPY remains under pressure

Technical Analysis – USD / JPY remains under pressure

USDJPY remains under pressure and risk is still to the downside as prices continue to drift lower from the 140.00 psychological level and are hovering around the 38.2% Fibonacci retracement level of the down leg…

Forex investments
EUR / JPY declines and targets 125.00

EUR / JPY declines and targets 125.00

A new day brought a new rollback EUR/JPY… The cross is now approaching 125.00 on the back of continued demand for the US dollar. The cross declined for the 7th straight session earlier in the…

Forex investments
Technical Analysis – AUDUSD ranges somewhat

Technical Analysis – AUDUSD ranges somewhat

AUDUSD has dipped below the 100-period simple moving average (SMA) and appears to be testing the lower boundary of a minor consolidation pattern at 0.7666. The directionless Ichimoku lines and the slightly slowed upward pace…

Forex investments
EUR / USD: bears target 1.2000

EUR / USD: bears target 1.2000

EUR / USD continued its decline towards 1.2053 and is now trading near this level amid low market activity due to the US holidays. FXStreet chief analyst Valeriya Bednarik notes that the bears will try…

Forex investments
Technical Analysis – EUR / USD aims to halt decline as bears hold near-term edge

Technical Analysis – EUR / USD aims to halt decline as bears hold near-term edge

EURUSD started the week in a neutral tone, consolidating last week’s losses around the 50-day simple moving average (SMA), which happens to be near a key restrictive line and the 38.2% Fibonacci retracement of the…