The British Pound could come under pressure, as bearish technical setups begin to take place on multiple GBP crosses. GBP/USD, GBP/JPY, GBP/NZD levels to watch.
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The British Pound could come under pressure, as bearish technical setups begin to take place on multiple GBP crosses. GBP/USD, GBP/JPY, GBP/NZD levels to watch.
from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2JEl7sf
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US equity futures climbed as Biden took Michigan – a key swing state. Rising odds of a Democratic president boosted sentiment. The Nikkei 225 index looks set to trade higher following strong US leads.
from DailyFX – Market News https://bit.ly/3es3CGL
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US equity futures climbed as Biden took Michigan – a key swing state. Rising odds of a Democratic president boosted sentiment. The Nikkei 225 index looks set to trade higher following strong US leads.
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The US Dollar on the defensive against the Singapore Dollar, with the Indonesian Rupiah gaining. USD/MYR is following a long-term falling trend line, with USD/PHP pressuring key support.
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Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bearish contrarian trading bias.
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