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EUR/GBP: bullish momentum has declined
2019-11-11 • Updated
SELL 0.8910; TP1 0.8890; TP2 0.8860; SL 0.8920
BUY 0.8935; TP 0.8960; SL 0.8920
EUR/GBP formed a candlestick with a long upper wick on W1 - a bearish sign. Daily Awesome Oscillator is going down. The pair formed a lower high and may slide to 0.8890 and 0.8860 (23.6% Fibo of May-June advance). Only above 0.8930 the pair will be capable for a small upside.
Despite a slight decline from its highest levels since 2002, around 109 range, it is just a correction, and the green king, the US dollar, will resume its rally…
What will happen? Federal Reserve Chair Jerome Powell will give a speech during the Jackson Hole Symposium on August 26 at 18:00 GMT+3…
The US dollar index has all chances of reaching the 2000s high of 120.00.
The Consumer Price Index announcement by Statistics Canada is set for release in a few hours will reveal the state of inflation in the Canadian economy
After bouncing off the previous Major trendline last month, Bitcoin seems to be retesting the support area again in hopes of catching a bullish momentum.