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img-2 Market Caution Could Test Recent USD/BRL Stability This currency pair has experienced a rather tame trading range regarding price levels, but Tuesday’s close and yesterday’s gap upwards presents dynamics for speculators they might find appealing.
The euro is finding the current environment increasingly uncomfortable against the US dollar. The issue is not simply that the dollar has been strong, but that the factors supporting it have shown little sign of fading.
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Ethereum Pulls Back After a Failed Test of $2,700

A rejection at a round number is common, but a rejection followed by a quick drop is more than hesitation. It shows sellers were waiting at the level and had enough force to push price well below it once the buying stalled.
img-4 USD/INR Trades Firm in a Narrow Upper Band Global markets early this morning have turned cautious, the broad Forex market is showing USD centric strength. The USD/INR is within sight of it highest realms but has not found enough buying action to take it beyond its current threshold within a five day technical sense.
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GBP/USD Continues to Trade Under Dollar Pressure

The main reason why now is a good time to be interested in the Forex market, and in this currency pair in particular, is that the US Dollar has finally started moving in a more steady way – upwards.
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Free Forex Trading Signals & Analysis Get the latest Forex news and analysis

At DailyForex, we’re out to prove that free Forex signals can be just as trustworthy as expensive signal subscriptions. Our reliable Forex signals will provide you with expert advice about when to buy and sell the major currency pairs without costing you a penny.

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News by our Chief Analyst

Adam Lemon

Adam joined Daily Forex as Chief Analyst in 2013, with over a decade of experience in the global financial markets, including six years as an Assistant Vice President at Merrill Lynch

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