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USD/JPY stalls correction from nine-month tops, steadies around 111.30

USD/JPY holds steady around 111.30 amid a risk-on rally seen in the Asian equities. The risk barometer surged to the highest in nine months of 111.60 on Wednesday amid fading China coronavirus fears amid cautiously optimistic FOMC minutes.

USD/JPY News

Gold: Pulls back amid overbought RSI, multiple upside barriers ahead

Gold prices decline to $1,606 during the early Thursday. The yellow metal surged to the highest since March 2013 the previous day but failed to hold onto gains due to the overbought RSI conditions.

Gold News

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"A cycle is a recognizable price pattern or movement that occurs with regularity in a specific time period"

"Advisory Opinion, comprised of arguments and trade ideas which have been committed to publication and therefore have an influence on the trading public, are considered a sentiment indicator."

"Have you ever read news updates mentioning Elliott Wave yet you don’t have a clue what these mean for the Forex?"

"Support and Resistance Lines conform the most basic analytical tools and are commonly used as visual markers to trace levels where the price..."