The EUR/USD Declines to Rally During Silent Period

The US dollar has begun today’s trading on a fragile basis but is reclaiming its stability presently. As an outcome, the EUR/USD was increasing earlier but presently is moving under, breaking beneath the starting level. Monday was silent in circumstances of main events and macroeconomic report from the US. European economic indexes announced today were…

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Learn How to Set up a Foreign Exchange account and effectively utilize its standards to taste the success

The overwhelming rise in the global foreign currency trade markets has caused the passion of traders and investors similar. With the sufficient currencies ready for use and exchange capacities reaching trillions of dollars, foreign exchange market provides a simple means to take profits of inherent influence and volatility and create a significant return. Due to…

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The EUR/AUD Displaying Ascending Triangle on 4-Hour Graph

An extensive uptrend consolidation design is currently distinguishable on the H4 graph of the EUR/AUD currency pair. It has commenced constituting back in the beginning of May and presently looks attractive — with all the essential lineaments of a suitable ascending triangle, which consist of a horizontal upper side and an predisposed lower side accustomed…

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The EUR/USD Progress to Fall

The EUR/USD progressed to fall today following yesterday’s acute decrease, though today’s fall was a bit smaller. The US economic report was not specifically fine, but this didn’t hinder market attendants from speculating about a possible interest rate rise from the Federal Reserve. Philadelphia Fed manufacturing indicator was at -1.8 in May, downward from -1.6…

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