EUR/USD is trading in the range of 1.1250 and 1.1200. The pair is caught in consolidation due to mixed signals from both parties. In less than 30 mins we have important EU data that may create volatility in the pair.
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Forex, Markets, Macro Economic News Discussion.
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EUR/USD is trading in consolidation today as the pair seems to gravitate towards the 1.1230 level. Light volumes usually indicate that a move is either over or just accumulating new force to keep pushing in the same direction. First bull target 1.1280.
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EUR/USD is trading lower today after yesterday's loss. The pair continues its move down making a low of 1.1190. It appears that bears are regaining control over the pair. First bear target can be expected at 1.1152. First resistance can be expected at 1.1242.
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Calm day so far for the EUR/USD. The pair has been trading in a range of 1.1220-1.1200 as there isn't anything strong enough to motivate either of the camps. We have been gliding on the resistance level for a several days now and this might be an indicator that a move down is probable.
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Earlier this month KPMG could not make distributions to ex-clients of Alpari UK without court approval, and now KPMG issues Notice of Final distribution.
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Will the gold prices still rise this year? A number of experts believe that the soar in bullion prices is expected to take place during next year.
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