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Author Archives: Forex Crunch

Bitcoin faces new hurdles after the crash

The calm in cryptos has ended with sharp falls across the board. Bitcoin was always better positioned. The King of Cryptos has strong support and needs to jump above one hurdle to recover. The Technical Confluence Indicator shows that there is a ...

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EUR/USD under pressure double-bottom in danger

The EUR/USD ended its recovery and began another European morning with a drop. Concerns about EM, Italy, and trade dominate. The technical picture is bearish with a crucial double-bottom watched. The EUR/USD is trading in the mid-1.1500s, down on the ...

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GBP/USD hugging the 1.2850 but will have to make a decision

The GBP/USD is looking for a new direction as markets await further news on Brexit negotiations. What’s next? The Technical Confluences Indicator shows that pound/dollar is trading just around the dense cluster around 1.2850 which includes the Fibonacci 38.2% one-month, the Simple Moving Average 100-15m, the ...

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5 reasons for a USD surge in September

Dark clouds are gathering over global markets. A mix of economic, political, and seasonal factors weigh. The perfect storm could be beneficial for the US Dollar at the expense of all the rest. While many traders were on holiday during ...

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Summer ends and winter comes for EUR/USD

The EUR/USD resumes its falls as US traders end their summer vacations. Concerns about emerging markets, tariffs on China, and Italy weigh. The technical charts show bears are regaining control. The EUR/USD is falling below 1.1600 on Tuesday after a slow-motion day ...

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