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Recent Currencies Commentary


Author Picture Algo Trading System Euro Currency Report For 06/01/2020
Based on 4 algo trading strategies developed with the Strategy Factory approach and 3 indicator based algo strategies, the current position bias for Euro Currency is NEUTRAL.

Author Picture Main Events Are Fed Chair Powell Talk and President Trump Press Conference
Global equity markets are weaker as investors wait for a news conference later today by President Donald Trump.

Author Picture USDTRY In A Corrective Retracement
USDTRY can come lower into wave four before market finds a support.

Author Picture SP500 Futures Higher For a Fourth Day
S&P 500 futures are higher for a fourth consecutive day with the June S&P 500 futures hitting the highest level since March 6.

Author Picture Five-wave Rally on EURJPY At Resistance - Elliott wave analysis
EURJPY made a rise above the 118.49 lately, which suggests a wave 5 of a bullish turn underway.

Author Picture EURJPY Weekly Chart Double Bottom Near Complete
The EURJPY is forming its 4th straight green daily candle in today's Asia morning, with decent odds for a bit more upside next week before bumping up against upchannel resistance (on the daily chart). Significantly, any profittaking the...

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