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EUR/USD Analysis

EUR/USD is facing the support of the upward trend line on 4-hour chart, as long as the trend line support holds, we’d expect uptrend to resume, and another rise to 1.2600 area is still possible.

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EUR/USD Technical Analysis

Current level - 1.2285 A local low has been set at 1.2241 and today's bias is positive, as the pair is currently consolidating below 1.2330 crucial resistance. A break beyond the latter is needed in...

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Euro Gains Against Dollar, Yen After Italy Sells Treasury Bills

The euro gained for the first time in five days versus the dollar as Italy sold the maximum amount of debt offered for sale, reducing investor risk aversion.

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The Daily Forecaster: GBP/USD

Price: 1.5687 Bias: Odds seem to favor a sideways consolidation but could be messy but I retain a basic bearish outlook

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EUR/USD Analysis

EUR/USD is testing the support of the upward trend line on 4-hour chart.

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GBP/USD Analysis

GBP/USD stays above a upward trend line on 4-hour chart, and remains in uptrend.

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Greenback Drops To 1-week Low Against Canadian Dollar

The US dollar extended early Asian session's downtrend against its Canadian counterpart ahead of the European session on Tuesday, falling to a 1-week low of 0.9853, down 0.07 percent from its previous...

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Pound Steady Ahead Of U.K. Construction PMI Report

Markit Economics is scheduled to publish the U.K. construction PMI at 4.30 am ET. The construction PMI is seen easing to 50 in August from 50.9 in July.

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Euro Gains on Draghi Bond-Purchase Plan Speculation

The euro rose for a third day versus the dollar on speculation European Central Bank President Mario Draghi will announce a plan to buy bonds of the region’s debt- saddled nations, boosting confidence...

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Euro Rises to Highest Against Yen in Three Years; Aussie Gains

The euro climbed to the highest level versus the yen since 2010 as the Bank of Japan (8301)’s effort to double the nation’s monetary base within two years fueled demand for higher-yielding assets.

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