Monday, January 27, 2020
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GBP/JPY 22/06/2018 | EconAlerts

Technical Analysis – GBP/JPY moves towards descending trend line

GBP/JPY sees sharp buying interest in short-term; moves towards descending trend line. GBP/JPY surged to a new weekly high of 146.61 in today’s European session, jumping above the 146.20 key level. Also, the price surpassed the 40-simple moving average (SMA) in the 4-hour chart while the short-term technical indicators confirm the bullish structure. From the technical

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USD/CAD 22 JUNE | EconAlerts

Technical Analysis – USD/CAD advances above upper channel

USD/CAD advances above upper channel; trades near 9-month high. USD/CAD edged sharply higher over the previous six days successfully penetrating the nine-month ascending sloping channel to the upside. The price recorded a fresh one-year high of 1.3334 during yesterday’s session, however, today it started the day in negative territory. Short-term momentum indicators are also

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NZD/USD 21/06/18 | EconAlerts

Technical Analysis – NZD/USD the bearish outlook is still holding

NZD/USD jumps higher after recording 6-month low of 0.6824. NZD/USD plummeted to a fresh six-month low of 0.6824 earlier this morning, continuing the aggressive selling pressure that started after the pullback on the 0.7050 resistance level. Currently, the price is recovering from the low and trading slightly above its opening level but still below the 0.6850 resistance

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