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Technical Analysis: NZDUSD rises over six-month top after China data ​

NZDUSD manages to cross the key 0.6580/85 horizontal resistance that has been restricting its upside since June 09. The pair now becomes capable of attacking January 24 high of 0.6629 while aiming for

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Technical Analysis: Gold eases from 8.5-year top, short-term rising wedge in focus

Having refreshed the highest levels since November 2011, Gold prices remain pressured below $1795. The reason could be the wall of resistance around $1800 as well as an upward sloping trend line from

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Technical Analysis: AUDUSD eases from monthly top after RBA's dovish halt

Having initially surged to a one-month top of 0.6997, AUDUSD recedes to 0.6950 as the RBA conveyed economic worries, due to the coronavirus (COVID-19), while keeping the benchmark interest rate at 0.2

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​Technical Analysis: USDJPY again confronts 100-day SMA amid surprise risk-on

With the global markets turning the focus away from the surge in the coronavirus (COVID-19) numbers and the US-China tension, expectations of the further monetary/fiscal support triggered risk-on mood

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​Technical Analysis: Brent oil takes the bids inside six-week-old rising wedge

Despite gradually extending the recovery moves from $40.00, currently around $42.60, the Brent Oil benchmark remains inside a short-term bearish chart formation. In addition to the pattern suggesting

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