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EUR/USD remains sidelined

EUR/USD remains sidelined around 1.1480, focus on Italy, data - The pair moves sideways always below the 1.1500 handle. - The greenback follows the same pattern around 96.00. - Focus remains on Italian politics and flash PMIs. EUR/USD alternates gains with losses in the middle of the week, extendin...

GBP/USD risks are skewed to the downside

GBP/USD Technical Analysis: Risks are skewed to the downside - As seen in the daily chart, the GBP/USD pair closed at1.2960 on Monday, confirming a downside break of the trendline connecting the Aug. 15 low and Oct. 4 low. - The pair failed to hold on to gains above the trendline resistance (former...

Citigroup FX Rigging trial

Ex-Citigroup Trader on Trial for FX Rigging Called ‘Golden Boy’ BN-MC393_0115ci_P_20160114082615.jpg (Bloomberg) -- A former Citigroup Inc. trader accused of rigging the foreign-exchange markets was a "golden boy" in demand at the bank for his knowledge of markets and ability to communica...

Re: The Worst Forex Brokers List - Scam brokers, Liars, Cheats, Bucket Shops & Swindlers

mlawson71 wrote: Wed Oct 24, 2018 12:44 am The Cyprus Securities and Exchange Commission (‘CySEC’) officially warned investors that Efexa1000 is not authorized to provide investment services in the country.
Great work Mr Lawson, will add this to the list of baddies!

Breaking: EU may offer British PM a UK-wide customs union

EU may offer British PM a UK-wide customs union 0010dfe1-500.jpg The EU will offer British Prime Theresa May a UK-wide customs union as a way around the Irish backstop issue, but it will have to be negotiated beyond the Withdrawal Agreement as a separate treaty, RTÉ News understands. The Withdrawal...

USD/CAD reverses

USD/CAD reverses a dip to 1.3080, focus on BOC decision - US dollar slips in tandem with USD/JPY, drags USD/CAD lower. - Fresh selling in Oil caps the downside, as the focus shifts to the BOC rate hike plans. The USD/CAD pair quickly reversed a brief dip to daily lows near 1.3080 region, now lookin...

Gold in bullish consolidation

Gold Technical Analysis: In a bullish consolidation phase - Gold is trapped in a narrow range of $1,220 to $1,230, as the bulls are likely having a breather, having pushed the metal to a 2.5-month high of $1,233 last week. - Also, the consolidation is happening in the positive zone above the six-mo...

EUR/GBP bear flag 4H Chart

EUR/GBP Technical Analysis: Creating a bear flag on 4-hour chart - The EUR/GBP is likely charting a bear flag - a bearish continuation pattern - on the 4-hour chart. - A break below the lower edge of the bear flag, currently seen at 0.8787, would signal a revival of the sell-off from the Sept. 21 h...

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