The GBP/USD pair had a very weak session during the Friday trading hours, as would have been suggested by the shooting star that we had formed on Thursday.
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The USD/CAD had an odd day on Friday. There was both a US jobs number, and a Canadian one. The US jobs number came out much stronger than expected, while the Canadian one came out weaker than expected.
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The EUR/AUD finished last week with a Pin Bar Reversal pattern that printed on a weekly Support Zone at 1.2900. The zone has held off the advance of both the Bears and the Bulls in the past 3 months with the Bulls taking about 8 trading days to crack the level and trade higher back in September.
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With the upcoming US elections this week, some major pairs may be affected. Get the weekly Forex forecast for these pairs and plan your week accordingly.
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The EUR/USD pair fell during the session again on Thursday as the weakness in the Euro continues. It has become obvious that the 1.30 is the beginning of serious resistance, and in my opinion runs all the way to the 1.35 level.
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The NZD/USD pair shot straight up during the Thursday session as the "risk on" attitude came back into the global marketplace. We managed to break above the 0.8225 level, which we had as a minor resistance, and now looks set to try and reach the top of the overall consolidation at the 0.8350 level.
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The GBP/USD pair initially rose during the session on Thursday, as we accelerated the uptrend to reach above the 1.6150 level. However, by the end of the session we saw a significant pullback and a loss of the gains in a very short order.
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According to the analysis of the USD/CAD and AUD/USD trader profited on a binary options platform.
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The EUR/USD pair rose during the session on Wednesday in order to break above the 1.30 level again. But there's more to know before you trade...
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We saw quite a significant bounce in the pair from the 0.9950 level, which is where the 200 day exponential moving average currently resides. See more here.
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The AUD/USD pair rallied during most of the session on Wednesday, but found quite a bit of resistance at the 1.04 level. Get the full picture here.
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The EUR/CAD has printed a double top on the Daily Chart at a key resistance level of 1.3000. DailyForex.com has the full analysis.
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According to the analysis of the EUR/USD trader profited on a binary options platform.
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Check out this signal for the FXA fund to see if you can find a position in the market. Only at DailyForex.com
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The EUR/USD pair continued to gain during the Tuesday session, even as the Americans weren't necessarily providing much liquidity. The fact is that this pair continues to climb this minor trend line, and as such we are approaching the 1.30 level yet again.
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