During Tuesday's trading session, the US dollar experienced a minor retreat, potentially influenced by reduced liquidity due to Independence Day celebrations.
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The US dollar has fallen a bit during the trading session on Tuesday as the 50-Day EMA has offered a bit of resistance.
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Silver experienced a modest rally during Tuesday's trading session, surpassing the significant 200-Day Exponential Moving Average.
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The natural gas markets experienced a slight rally during Tuesday's trading session, albeit with limited activity due to Independence Day in the United States.
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Gold markets showcased limited activity during Tuesday's trading session, which coincided with Independence Day in the United States.
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The West Texas Intermediate (WTI) Crude Oil market experienced a minor rally during Tuesday's trading session.
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The AUD/USD initially experienced a pullback during Tuesday's trading session but eventually reversed course and rallied toward the 50-Day Exponential Moving Average.
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The forex market has been a bit muted this week as most US investors and traders stayed in the sidelines due to the Independence Day holidays.
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The EUR/USD price has been relatively muted this week because of the US Independence Day holiday and the lack of important economic data.
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The AUD/USD price continued rising as traders reflected on the next moves by the Reserve Bank of Australia (RBA) after the bank left rates unchanged.
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My previous BTC/USD signal on 29th June produced a profitable short trade from the bearish rejection of the resistance level at $31k.
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The Turkish lira maintained its stability against the US dollar, amid reports of the return of government banks' support in Turkey for the price of the lira, amid fears of further declines in the currency's price.
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Trading volume in the USD/BRL will be light today because of the U.S. Independence Day holiday.
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Bearish traders of the USD/SGD who have been trying to sell the currency pair consistently may be in a rather happy mood; this after a strong reversal has been demonstrated since hitting a high of nearly 1.35740 on Friday.
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The British pound has rallied ever so slightly during the trading session on Monday, as we continue to follow the 50-Day EMA against the Canadian dollar.
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