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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

AUD/USD Forecast Feb. 27-Mar. 3

For a third straight week, AUD/USD closed the week almost unchanged. The pair ended the week at 0.7656. This week’s key event is GDP. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. US data was generally ...

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USD/CAD Forecast Feb. 28-Mar. 3

The Canadian dollar weakened during the week, but then recovered and ended the week unchanged. USD/CAD closed the week at 1.3084. This week’s key events are the Overnight Rate and GDP. Here is an outlook on the major market- movers and ...

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EUR/USD Forecast Feb. 27 – Mar. 3

EUR/USD had a relatively balanced week, dipping to the downside but never going too far. The upcoming week is packed with PMI data, inflation figures and more. Will the pair move decidedly to one direction or another? Here is an outlook ...

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Forex Weekly Outlook Feb 27-Mar 3

Durable Goods Orders, GDP data from the US, Australia, and Canada, US Consumer Confidence, Manufacturing PMI, Crude Oil Inventories, Unemployment Claims and rate decision in Canada. These are the main events on forex calendar. Join us as we explore the ...

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Elliott Wave Analysis: Crude OIL and GOLD

Crude OIL The bounce on crude oil from 53.36 appears to be a strong move with five subwaves. As such, we think it’s an impulse which can send oil prices much higher in the sessions ahead. This can be seen ...

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EURUSD, GBPUSD and XAUUSD TA – February 24 2017

EURUSD intra-day analysis   EURUSD (1.0588): EURUSD has so far managed to bounce of the support level at 1.0500 and having cleared 1.0555, the single currency will most likely target 1.0600 resistance level which also marks the previous support level ...

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