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The aim of yesterday’s trading plan was to increase oil prices. This really happened during the European session, in which the quotes went up sharply and hit the two target
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The upward momentum in GBP/USD was broken due to yesterday’s selling pressure. This is why the pair is now trading under the previous day’s low, with an obvious support-resistance level
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In the morning, we focused on the mark of 1.0514 and considered entering the market from there. Let’s take a look at the M5 chart to get a picture
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Retail sales in Europe continue to fall. It came down to -2.7% in October, which is far worse than the expected -2.2%. And even though previous data was revised from
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EURUSD dropped below 1.0500 during the Asian session on Tuesday as the bears remain poised to come back in control. The single currency pair is seen to be trading close
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There were several good entry signals yesterday. Let us have a look at the 5-minute chart and figure out what happened. In my morning forecast, I pointed out the levels
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