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Recent Currencies Commentary


Author Picture EUR/USD Mid-Session Technical Analysis for December 10, 2019
Based on the early price action and the current price at 1.1076, the direction of the EUR/USD the rest of the session on Tuesday is likely to be determined by trader reaction to the short-term 50% level at 1.1079.

Author Picture NZD/USD Forex Technical Analysis
Based on the early price action, the direction of the NZD/USD the rest of the session on Tuesday is likely to be determined by trader reaction to the main Fibonacci level at .6567.

Author Picture EUR/USD have donwtrend to 1.1017 while trading below 1.1097
The downtrend may be expected to continue, while pair is trading below resistance level 1.1078 - 1.1097, which will be followed by reaching support level 1.1017

Author Picture USD/JPY Fundamental Weekly Forecast Risk Over Trade Deal Primary Concern for Traders
Demand for risk will be the primarily driver of the price action this week, but there are some domestic reports that should be watched. Traders may not be too concerned about the economic data, however, since the government said last week it was...

Author Picture Its Geopolitics in the Day Ahead, with Trade and the UK Elections in Focus
With stats on the lighter side, we can expect geopolitics to be in focus. Trade and the UK General Election are likely to be the talking points

Author Picture British Pound Struggling At New Resistance
For many weeks running, GBP/USD has been trading sideways in the pink consolidation. After moving higher recently, just what are the chances of the breakout sticking?

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