EURJPY- China industrial production data supports the YEN

Ahead of the BoJ monetary policy the YEN trading higher against euro. The cross is trading at 136.65 at Asia’s session. Today at early Asia’s session Japanese revised industrial production and tertiary industrial activity data […]

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USDJPY-Japan’s factories suffered in July as demand in China slumps.

After today’s Japanese industrial production the JPY trading higher against the euro, GBP and greenback. Thrice the pair rejected at 20Dsma, at today’s Asia’s session the pair trading at 120.29 compared to 120.58 Friday’s closing. […]

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EURUSD- parallel resistance seems at 1.1370 and 1.1420

The pair managed to hold the 20Wsma, erased the earlier 2 weeks loss. Ahead of the FOMC meeting, the euro trading marginal higher. Weekly economic events: The big economic event of the week in Europe […]

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GBPCAD- waiting for a break through inverse h&s pattern

The pound strengthen against the loonie as Bank of England policy makers said the UK economic outlook remains healthy and market turmoil related to China’s slowdown hasn’t shaken their view that the time for a […]

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