EUR/USD has been widely observed in relation to potential trend breakdown and further selloff. Rejection of crucial resistance could leave the pair susceptible
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EUR/USD has been widely observed in relation to potential trend breakdown and further selloff. Rejection of crucial resistance could leave the pair susceptible
from DailyFX – Market News https://ift.tt/r43lxKB
via IFTTT
Aside from the odd altcoin pump and dump the cryptocurrency market is lifeless with a lack of volatility hampering traders.
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Yet more negative fundamental data out of China stops oil bulls in their tracks ahead of a significant level of resistance. Potential ‘evening star’ in the works.
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Spot Gold is consolidating in a tight range ahead of US CPI. The Precious Metal seems in dire need of a catalyst at this stage as price action remains choppy.
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Poor Chinese trade data has hit the Hang Seng hard, while in Europe and the US indices are struggling to extend Monday’s bounce into a second session.
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