Learn How UAD/JPY Affect Symmetrical Triangle After Short-Term Uptrend

Regularly, the symmetrical triangles usually proceed from a strong explicit movement.They symbolize fortification before a continuity of the trend. At this time, the routine chart of AUD/JPY is determining a not-so-firm uptrend superseded by a two-week mold buildup. However, a vigorous breakout could indicate that the uptrend will restore to this currency pair. The triangle’s…

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Learn How EUR/USD Flat Ahead of FOMC Announcement.

EUR/USD is the most popular currency pair in the world. It is used to represent the two largest economies in the world. The Euro was established to facilitate cross-border trade of European trading partners. Since its foundation in 1999, the pair has and is continuing to face considerable volatility. Similarly, the world has also faced…

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Learn How US Economic Data helps Dollar Gain on Euro.

The US economic data reports released recently were incredibly awesome. They were above expectations and this led to a rally of the dollar. On the other hand, the euro went down as the traders were eagerly waiting for the monetary policy decision of the European Central Bank. Generally, the US economic data asserts that the…

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How Poor US Economic Data Doesn’t Affect EUR/USD

Together, the USD (U.S Dollar), and the EUR (Euro) form the “most-traded) pairs of currency all over the world. Recently, data was released from Macroeconomic in the United States and it showed weak results, however, this didn’t hinder the Dollar from ranking as the highest against Euro since 1 February this year. A reason for…

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