Short  1.7855 and 1.7880 to target 1.7683

Short 1.7626 to target 1.7513.

Long 1.7683 to target 1.7739.


Short 138.55 and 138.73 to target 136.68

Long 136.68 to target 137.87.

Short 136.51 to target 135.14.

Trading currencies and other financial instruments carries a degree of loss and possible loss of entire investments. Please managed your own risks, stop loss, and margins requirements.

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EUR/USD advances toward 1.1750 on improving market mood

EUR/USD has kicked off October with a rise after ending a winning streak by falling in September. Markets are optimistic about a fiscal stimulus deal and shrug off concerns about a contested election. The US ISM Manufacturing PMI is awaited.


GBP/USD rises amid upbeat mood, Johnson's parliamentary win

GBP/USD is trading well above 1.29, extending its gains after UK PM Johnson put down a coronavirus-related "rebellion" in parliament. Progress in US fiscal stimulus talks and a glimmer of hope on Brexit also helps.


Gold's upside capped by bearish 10-day SMA

Gold is again struggling to take out the descending or bearish 10-day simple moving average (SMA), having failed to keep gains above the SMA hurdle on Wednesday. 

Gold News

US Personal Income, Expenditures and Initial Jobless Claims Preview: Old information, new stimulus?

Personal income forecast to fall 2.4% August after dropping 0.4% in July. Personal income and spending continued their recovery but the slowing pace suggests the waning stimulus funds may cap gains in future months.

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WTI: A bid-upmarket runs into a cluster of resistance levels

WTI has triggered the bear's appetite in a supply zone. Market structure is expected to contain the bullish price action and focus remains on the downside. The price has broken to the upside convincingly.

Oil News

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