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GBP/NZD was the top performer this week

GBP/NZD was the top performer this week

8:21pm today (Adam Button)

The pound was the top performer this week while the New Zealand dollar lagged. On the week, GBP/NZD gained 315 pips and it’s the highest weekly close since the first week of March. »

Prepare for Golds Next Big Breakout

Prepare for Golds Next Big Breakout

8:00pm today (Walker England, Forex Trading Instructor)

As gold ends the week in a consolidating range, traders can plan for a breakout using a developing bearish flag pattern. »

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A "Historic" Bear Move Setting up in NZD/JPY

7:45pm today (Francesco Sani,)

Corresponding fundamentals and a potential reversal off of historical channel resistance could produce a momentous bear move in NZDJPY that could even result in new all-time lows for the pair. »

US extends Keystone XL decision timeline

US extends Keystone XL decision timeline

6:55pm today (Adam Button)

The US has extended to the comment period for the Keystone XL pipeline decision, likely postponing it until after the Nov 4 midterm elections, according to an unnamed source cited by Reuters. The longest-running joke in the history of US … Continue reading → »

Light trading continues

Light trading continues

6:18pm today (Adam Button)

It’s no surprise that markets have hardly moved on a Friday ahead of the long weekend. Hope you’re enjoying the good weather somewhere. »

Ukraine foreign ministry says ‘active phase’ of anti-terror operation suspended

Ukraine foreign ministry says ‘active phase’ of anti-terror operation suspended

5:08pm today (Adam Button)

Earlier comments said they were giving separatists until after Easter to vacate occupied government buildings. In that case ‘suspended’ doesn’t mean ‘terminated’. What’s tougher to understand is what Ukraine gave up in four-party negotiations concluded yesterda... »

GBP/USD Outlook Favors ?Buying Dips? Ahead of Hawkish BoE Minutes

GBP/USD Outlook Favors ?Buying Dips? Ahead of Hawkish BoE Minutes

5:05pm today (David Song, Currency Analyst)

The Dow Jones-FXCM U.S. Dollar Index remains capped by 10,470, while the GBP/USD outlook remains bullish going into the Bank of England (BoE) Minutes. »

Key Risks to EUR, NZD, GBPAUD Scalp Setups

Key Risks to EUR, NZD, GBPAUD Scalp Setups

5:05pm today (Michael Boutros, Currency Strategist)

A recap of this week’s highlighted setups and updated targets heading into next week. »

USD/CAD rises in a quiet market

USD/CAD rises in a quiet market

4:47pm today (Adam Button)

Modest Canadian dollar selling is the story today’s light holiday trading. Canadian and US desks are very quiet today so I wouldn’t read anything into the moves but there has been a persistent bid in North American trading hours to … Continue reading → »

Technical analysis: EUR/USD indecisive but trend is clear

Technical analysis: EUR/USD indecisive but trend is clear

4:09pm today (Adam Button)

When you take a step back it’s easier to see the bigger picture and it EUR/USD the trend is undeniably higher over the past year. The crisis in Europe is over and the recovery has been driven by investment flows. … Continue reading → »

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