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Spotting the falling wedge pattern could be easy if you are familiar with trading the patterns. However, most of the retail traders only trade the pattern formation without really understanding the trading context. Failing to seek for confirmation makes it almost imposible to profit from it.

In this video, you will find out how to confirm and trade the falling wedge pattern like the pro and start to profit from pattern trading. Watch the video below:

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EUR/USD grinds lower toward 1.0800 as USD extends recovery

EUR/USD grinds lower toward 1.0800 as USD extends recovery

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GBP/USD middles just below 1.2700 ceiling, markets await US GDP, PCE inflation

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AUD/USD extends losses toward 0.6500 after softer Australian CPI data

AUD/USD extends losses toward 0.6500 after softer Australian CPI data

AUD/USD is extending losses toward 0.6500  in Asian trading on Wednesday. The Aussie pair is undermined by softer-than-expected Australian monthly CPI inflation data, which fans RBA rate cuts bets. Meanwhile, the US Dollar is building on its recovery amid cautious markets. 

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EUR/USD grinds lower toward 1.0800 as USD extends recovery

EUR/USD grinds lower toward 1.0800 as USD extends recovery

EUR/USD is grinding lower toward 1.0800 in early European morning on Wednesday. The extended recovery in the US Dollar amid a deterioration in risk sentiment is weighing on the pair, as the focus shifts to a data-packed day ahead. 

EUR/USD News

Gold price remains confined in a range as traders await US inflation data on Thursday

Gold price remains confined in a range as traders await US inflation data on Thursday

Gold price (XAU/USD) edges higher during the Asian session on Wednesday and for now, seems to have stalled the previous day's modest pullback from the $2,040-$2,042 resistance. 

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Traders are keenly aware that the recent components of the Consumer Price Index (CPI) and Producer Price Index (PPI) have influenced the Personal Consumption Expenditures (PCE), and it is unlikely that they will receive an inflation print below the Federal Reserve's target rate.

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