Daily Forex Preview – October 24
Daily Forex Preview – October 24
The US Dollar index managed to edge higher against the Yen and the Euro as the Greenback shrugged off a soft flash PMI reading. The Euro saw a ...
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AUD/USD Breaks a Falling Channel and Tests Triangle Resistance
AUD/USD Breaks a Falling Channel and Tests Triangle Resistance
Tight and Slightly Bearish The AUD/USD was slightly bearish this week, falling from roughly 0.8830 to 0.8720. This range of about 110 pips is ... Continue reading
USDJPY Reversal at Support Turned Resistance – Oct 24, 2014
USDJPY Reversal at Support Turned Resistance – Oct 24, 2014
USDJPY is stalling at an area of interest, which lines up with the 108.00 major psychological resistance level. This also coincides with the 200 ... Continue reading

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Technical Outlook

The Euro surged in trade today, reversing a strong downwards trend that has engulfed the currency over the past few days, primarily because the Eurozone PMI came in at 50.7. This was a 0.4% increase from a previous September rea...
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Stock Picks

US stocks rallied on Thursday after a boost by strong Q3 earnings from Caterpillar Inc. and other companies. The Dow Jones Industrial Average gained 1.55 or 254 points to 16,717 while the S&P 500 gained 1.4% or 27 points to ...
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Technical Analysis

Tight and Slightly Bearish The AUD/USD was slightly bearish this week, falling from roughly 0.8830 to 0.8720. This range of about 110 pips is relatively small for an entire week, but the AUD/USD has been consolidating in October, an...
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Bitcoin News

October Consolidation May be Over: Virtual currencies bitcoin and litecoin have been bearish throughout 2014. It's been a choppy one, and the price action in October for both cryptocurrencies have been that of bullish correction. The ...
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