Daily Market News by Xtreamforex.com

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  1. #381
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    Default EUR/USD: Bears battle four-month-old support near 1.1750

    Daily Market News by Xtreamforex.com
    The EUR/USD pair is negative, as per the day-by-day graph. It has sped up its droop in the wake of breaking under a now negative 20 SMA, while the more drawn out ones stay far over the current levels. Specialized pointers crossed their midlines into a negative domain, keeping up with their solidly negative inclines.

    In general, EUR/USD is running across. As of late, EUR/USD broke the support zone of 1.18200 get-togethers arrival of the heavenly U.S. Non-Farm Payroll occupations report last Friday. EUR/USDís next support zone is at 1.16300 and the following resistance zone is at 1.18200. Search for selling chances of EUR/USD.

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    Default EUR/USD: Bearish momentum intact below 1.1750

    EUR/USDĎs next support zone is at 1.16300 and the following resistance zone is at 1.18200. Search for selling chances of EUR/USD. Trading around its Mondayís low, the EUR/USD pair is negative in the close term, and ready to test March month to month low at 1.1703. In the 4-hour graph, specialized markers float inside oversold readings, albeit still over the lows posted last week. In the interim, the 20 SMA heads solidly lower in the wake of intersection beneath the more extended ones, reflecting expanded selling interest. In this way, the pair has space to move toward the 1.1600 regions once beneath the referenced March low.

    GBP/USD looks south towards 1.3800 amid renewed Brexit woes, USD strength

    Generally, GBP/USD is running across. GBP/USDís next support zone is at 1.38000 and the following resistance zone is at 1.40000. Search for momentary selling chances of GBP/USD. The GBP/USD pair met vendors around the everyday ascendant pattern like that broke last Friday and arrived at new lows after finishing the pullback, generally an indication of an unavoidable negative continuation. The more drawn-out moving midpoints are aimless, a small bunch of pips underneath the current level, while specialized pointers are level yet inside adverse levels, slanting the danger to the drawback.

    USD/CAD holds in recovery territory, eyes 1.26 area

    USD/CAD is trading at 1.2574 at the hour of writing and level in the Tokyo meetings up until now. The pair moved between a low of 1.2517 and a high of 1.2583. The cost of the Loonie is being burdened a touch by the cost of oil, however, in the principle, the US dollar is getting the marketís interest as it costs in a more hawkish Federal Reserve. USD/CAD is running across. Right now, USD/CAD is moving towards the resistance zone of 1.26100 and the following support zone is at 1.24500. Search for buying chances of USD/CAD after it breaks over the resistance zone of 1.26100.

    Gold remains vulnerable despite corrective pullback toward $1,740

    On the daily chart, the Relative Strength Index (RSI) pointer stays close to 30, proposing that traders could stay uninvolved in the close to term and trust that gold will address its oversoldness. All things considered, the specialized viewpoint stays negative with gold remaining underneath static resistance levels. The underlying resistance is situated at $1,750 (previous support) in front of $1,760 (static level). On the off chance that gold figures out how to close the day over the last mentioned, it could go into a union stage and hang tight for the following key impetus. Then again, $1,730 (static level) adjusts as the main help and extra losses toward $1,700 (mental level) could be checked whether this level neglects to hold.

  3. #383
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    Default EUR/USD: 1.1700 challenges bears amid oversold RSI

    Right now, EUR/USD is dropping down towards the critical resistance of 1.17. Its next support zone is at 1.16300 and the following resistance zone is at 1.18200. Search for momentary selling chances of EUR/USD on the off chance that it breaks beneath the critical resistance of 1.17. The EUR/USD pair holds close to the 1.1703 level, March month to month low.

    The danger is slanted to the drawback as the 4-hour graph shows that it continues to foster well under a solidly negative 20 SMA, which is speeding up its slide beneath the more drawn-out ones. In the meantime, specialized pointers solidify inside oversold readings, offering a few hints of disadvantage weariness. By the by, there could be no different traces of potential restorative development.

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    Default EUR/USD: Rebound needs validation from 1.1770

    Generally, EUR/USD is moving downwards. As of late, EUR/USD fortified get-togetherís arrival of the U.S. CPI information that connotes a stoppage in inflation. The EUR/USD pair holds its unobtrusive intraday gains heading into the Asian opening, however, its bullish potential is restricted. The 4-hour outline shows that the cost teeter-totters around a still negative 20 SMA, while the more extended ones are aimless, exactly 100 pips over the current level.

    In the meantime, specialized pointers have recuperated from oversold readings however lost vertical strength beneath their midline, putting at the question a more extreme development. EUR/USDís next support zone is at 1.16300 and the following resistance zone is at 1.18200. Search for momentary buying chances of EUR/USD.

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    Default EUR/USD: Poised for further losses towards 1.1700

    Generally, EUR/USD is moving downwards. The EUR/USD pair holds its unbiased position in the close term. The 4-hour graph shows that it has gone through the day floating around a somewhat negative 20 SMA, while the more drawn-out moving midpoints head lower, far over the current level. In the meantime, the Momentum marker propels over its midline, while the RSI pointer stays level at around 42.

    Bulls might get a few opportunities on a break above 1.1750, however now, bears hold control of the pair. Right now, EUR/USD is moving towards the resistance zone of 1.17600 and the following support zone is at 1.16300. Search for momentary selling chances of EUR/USD.

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    Default EUR/USD: Bulls brace for 11-week-old hurdle around 1.1800

    The EUR/USD pair has lined at 1.1705 in the earlier week, while at 1.1703 in March, and would require now to break underneath the 1.1700 value zone to continue its negative pattern. The bullish case will be more grounded if the pair propels past 1.1920, very impossible at this point. Overall, EUR/USD is running across. As of late, EUR/USD broke the resistance zone of 1.17600 because of the debilitating of USD after the arrival of the helpless Preliminary UoM Consumer Sentiment information.

    As of now, EUR/USD is trying to break the resistance of 1.18. Its next support zone is at 1.17600 and the following resistance zone is at 1.19000. Search for temporary buying chances of EUR/USD if it breaks over the critical resistance of 1.18.

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    Default EUR/USD Forecast: Retreating from 1.1800 but bears hesitate

    According to a specialized perspective, the EUR/USD pair is unbiased to-bullish. The 4-hour outline shows that the pair withdrew from a level 100 SMA, yet additionally that it holds over a bullish 20 SMA. The 4-hour graph shows that the pair withdrew from a level 100 SMA, yet in addition that it holds over a bullish 20 SMA.

    Specialized pointers have pared their decreases from overbought readings and are expecting to recuperate, demonstrating restricted selling revenue at the time being. The negative case might become firmer on a break beneath 1.1750, the quick support level. At present, EUR/USD is moving towards the support zone of 1.17600 and the following resistance zone is at 1.19000. Search for momentary buying chances of EUR/USD if it bobs off the support zone of 1.17600.

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    Default EUR/USD Forecast: Refreshes 2021 low near 1.1700, bumpy road ahead

    Generally speaking, EUR/USD is running across. As of late, EUR/USD broke the support zone of 1.17600. EUR/USDís next support zone is at 1.16300 and the following resistance zone is at 1.17600. Search for transient buying chances of EUR/USD. The EUR/USD pair plunged as hazard avoidance kept on ruling monetary business sectors, exchanging at around 1.1710 before the finish of the American evening.

    The all-around scratched marketís state of mind took a go to the most exceedingly awful after the arrival of lukewarm US information. Retail Sales were more regrettable than expected, falling 1.1% MoM in July, while the center perusing Retail Sales Control Group was down 1%, additionally missing assumptions.

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    Default EUR/USD refreshes nine-month low below 1.1700 as DXY challenges yearly top

    Generally speaking, EUR/USD is running across. As of late, EUR/USD weakened after the arrival of the hawkish Federal Reserve meeting minutes. A descending sloping direction line from June 18 difficulties EUR/USD bears around 1.1655 before guiding them to the late 2020 base encompassing 1.1600. Then again, supported trading past 1.1700 becomes important to persuade buyers.

    As of now, EUR/USD is trying to break beneath the critical resistance of 1.17. Its next support zone is at 1.16300 and the following resistance zone is at 1.17600. Search for transient selling chances of EUR/USD on the off chance that it breaks beneath the critical resistance of 1.17.

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    Default EUR/USD Price Analysis: head-and-shoulders confirmation eyed for further losses below

    in ro ham eslah kon:
    EUR/USD is moving downwards. As of late, EUR/USD proceeded to weakened because of the assumption that the U.S. Central bank will be tightening quantitative facilitating this year. Accordingly, it broke underneath the critical resistance of 1.17. Right now, EUR/USD is climbing towards the vital resistance of 1.17. Its next support zone is at 1.16300 and the following resistance zone is at 1.17600.

    Search for momentary selling chances of EUR/USD if it bobs down from the critical resistance of 1.17. Meanwhile, specialized markers have continued their decays inside bad levels after remedial oversold conditions. The EUR/USD pair keeps up with its negative predisposition in the close to term. The 4-hour graph shows that the value stays well under a negative 20 SMA, which stays far underneath the more extended ones.

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