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Author Archives: Forex Crunch

GBP/USD Forecast June 12-16

GBP/USD posted considerable losses, dropping 130 points. The pair closed at 1.236. There are 10 events this week. Here is an outlook for the highlights of this week and an updated technical analysis for GBP/USD.   Updates: GBP/USD graph with support and resistance ...

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USD/CAD June 12-16 2017

The Canadian dollar ticked lower last week, as USD/CAD closing at 1.3462. There are just two events on the calendar this week. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. Canada added 54.5 thousand jobs in ...

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The week ahead: All about the (dovish?) Fed hike

After Super-Duper Thursday, we will see some further reaction before the focus shifts to the Fed. The highly anticipated June decision will likely result in the third rate hike in six months. But given some weakness in the economy, will ...

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AUD/USD Forecast June 12-16 2017

AUD/USD posted strong gains last week, gaining 100 points. The pair closed the pair at 0.7439. This week’s key events are Private Capital Expenditures and Retail Sales. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. There ...

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EUR/USD Forecast June 12-16 2017

EUR/USD was on the back foot after Draghi managed to drag the euro down and as the greenback recovered. The week ahead consists of French parliamentary elections, an important German survey, the Eurogroup meetings and more. Here is an outlook for the ...

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Forex Weekly Outlook – June 12-16 2017

The US dollar advanced against its major peers amid the testimony from Comey. The focus now shifts to the highly anticipated Fed decision. We also have three additional rate decisions as well as other figures. Here are the highlights for ...

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NZD/USD: more gains to come? Two opinions

The kiwi dollar is overlooked by many. Nevertheless, in some days this pair makes bigger moves than many of its counterparts. After the recent gains, what’s next? Here is their view, courtesy of eFXnews: NZD: Bullish Tech Signal Intact; Levels ...

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Canada gains 54.5K jobs – USD/CAD falls

After a pause of one month in job gains, the Canadian economy is back on track and enjoys accelerated hiring. No less than 54.5K jobs were gained in May, much more than 15K expected. The unemployment rate remains at 6.5%, ...

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