The EUR/USD Moves on Poor Data Originating from USA

The EUR/USD turns out perfectly well today and has restored firmly following a series of macroeconomic data originating from the United States. Almost all indicators have let down the dollar crap, adding firmness to the euro intervention in contrast to the greenback. Durable goods orders increased only 0.8% in March according to the initial release…

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The USD/CAD in Declining Channel Since January 2016

An actual deep declining channel can now be noticed on the daily chart of the USD/CAD currency pair. It had begun creating right below the multi-year peak recorded on January 20. As an additional pattern, declining channel interfere an uptrend, which is to be extended resulting a vigorous breakout of the top border. The diagram…

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The Weekly Forex Technical Breakdown For The Days Between April 25 To April 29

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The Update for HLHB Trend-Catcher System

Another amazing trend-catching week for the HLHB System, as it seized firm moves from EUR/USD and GBP/USD. The EUR/USD was trading on a steady range at the beginning of the week but soon decreased strong after Uncle Sam reproduced dismal data and influenced risk aversion beyond the board. Fortunately, the HLHB System produced a purchase…

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