Tag Archives: FTSE
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USD/CHF Technical Analysis: Fibonacci Resistance at Four-Month Highs
USD/CHF is trading up to four-month highs as Dollar strength continues to show. With current resistance coming in from a key Fibonacci level, we look at the prospect of bullish continuation in the pair.
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Gold May Trend Higher Despite Long Traders
Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.
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Euro to Reverse and Trend Lower
Recent changes in sentiment warn that the current EURUSD price trend may soon reverse lower despite the fact traders remain net-short.
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CAD Longs Get Nervous After Weak Data Dump Ahead of BoC
Canadian Dollar weakness has continued after a short-term bottom in early September as brings doubts about how BoC will pull back as the Fed pushes ahead.
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A Burden Removed Looks Set To Help Drive USD/JPY Higher
The JPY weakened overnight to 114 per USD on a large victory secured by Shinzo Abe that gave his party a super majority.
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Gold Prices May See $1200 in the Coming Weeks
The gold price forecast is bearish so long as trade is below $1357 for a target near $1200 in the coming weeks.