19 votes
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0 votes
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New opportunity to jump in the Cable downtrend?
Good afternoon fellow Forex fanatics! I'm back after a short vacation and ready to grab some pips. It looks like Cable is giving me the best opportunity at the moment with a nice technical setup. Let's take a look!
28 votes
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Aussie Dollar Slides as Central Bank Keeps Rate Unchanged
The Australian dollar slid after the nation’s central bank unexpectedly paused in raising interest rates, spurring demand for other higher-yielding currencies such as the Norwegian krone and South African rand.
13 votes
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0 votes
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October Jobs Fest - Time to celebrate?
This Friday, we'll be getting another dose of unemployment data as the Non-farm Payroll report is on deck. Unemployment in the US is seen to hit 9.9% in October, with 173,000 net jobs lost in the month. If forecast holds, it would be the first ti
19 votes
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Breakout time for USDCAD?
Good morning Forex friends! For this week, I am watching USDCAD for a potential breakout on a classic chart pattern setup. Are currencies ready to move with all the major data coming out this week?
5 votes
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0 votes
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BOC: "The worst is over"... Or is it?
The Bank of Canada believes that the recession is ending. Spot-on assessment or wishful thinking?
11 votes
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0 votes
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EURJPY - Trendline break lower
Are we seeing a shift in EURJPY? We may be as the pair has broken a rising trendline on the one hour chart. Is this a false breakout or a sign that the pair will move lower?
9 votes
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0 votes
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AUDUSD - Trendline Reversal?
G'day Mates! There are bearish signals all over the AUDUSD pair on today's four hour chart. Time to trade in some Australian Dollars for Greenbacks??
13 votes
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0 votes
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Pick of the Day: USDJPY
Greetings! Here's a trade idea that I may take for this holiday shorted week here in the US. It's a technical setup on USDJPY that marries up with my longer term views on fundamentals. Peep this!
10 votes
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cross-Eyeing: EUR/JPY
Good morning! My long orders at 132.00 were triggered, and it appears that was the major support area for the day as traders jumped in long around 131.50 - 132.00. The pair has been pushed up to my first profit target at 134.00,
18 votes
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Initial jobless claims fall to 623,000
The number of new layoffs declined by 13,000 to 623,000 last week, while the number of people collecting state unemployment benefits rose by 110,000 to a record 6.79 million the week earlier, the Labor Department reported Thursday.
17 votes
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Oil extends gains after inventories data
Crude-oil futures extended gains Thursday after government data showed a surprise drop in last week's crude inventories.
16 votes
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EUR/USD: EU gets a boost from better than expected data
The EU got a boost after German unemployment change data came out better than expected. In addition, core durable good orders and unemployment claims data out of the U.S. came out better than expected.


