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​Technical Analysis: Brent oil again fails to cross $43.65/70 upside barrier

Price of Brent oil mark another failure to cross a three-week-old horizontal resistance on Friday. The black gold currently indicates pullback towards an ascending trend line from June 12, at $42.37.

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​Technical Analysis: EURUSD justifies Wednesday's "shooting star" ahead of the ECB

Having flashed a bearish candlestick formation the previous day, EURUSD drops below 1.1400 ahead of the key European Central Bank (ECB) monetary policy meeting. With the overbought RSI conditions offe

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​Technical Analysis: USDJPY remains below two-week-old resistance line despite BOJ's dovish halt

USDJPY remains lackluster above 107.00 as US dollar weakness dims the risk-on mood. Further, the BOJ's inaction and warnings over additional economic hardships, due to the coronavirus (COVID-19), adds

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Technical Analysis: AUDUSD portrays rising wedge on four-hour chart

Despite recently bouncing off 100-bar EMA, AUDUSD remains inside a bearish chart pattern on the four-hour timeframe. Considering the pair's latest pullback, 0.7000 regains market attention. However, a

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​Technical Analysis: GBPUSD buyers eye 200-day SMA, yearly resistance line

GBPUSD bulls cheer broad US dollar weakness to attempt another confrontation with the key 1.2690/1.2700 resistance area including 200-day SMA and a falling trend line from December 2019. Considering t

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