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EURUSD Weekly Outlook

EURUSD Weekly Outlook Independent Analyst: Thibault MoirezDate: 30 November 2020The Euro ended the week on a strong footing against the US Dollar, as the pair closed above the 1.1906 resistance level on Friday opening the possibility of a test of the 1.20 yearly highs in the coming sessions. Last week saw a flurry of mixed signals in the market as investor risk sentiment tipped back and forth...

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GBPUSD

GBPUSD Independent Analyst: Thibault MoirezDate: 27 November 2020The British Pound is trading lower against the US Dollar on Thursday after failing to break above the 1.34 resistance mark earlier in the day. The pair retreated towards the 1.33 level where it found some support preventing it from dipping further. The Pound is having a lacklustre performance in today’s thinly traded...

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EURUSD

EURUSDIndependent Analyst: Thibault MoirezDate: 26 November 2020Euro is higher against US Dollar on Wednesday. The pair currently fighting hard to hold onto its gains above the 1.190 level. Macro-economic data released today was focused on the US and failed to provide much reaction from the market. The EURUSD rise 0.24 percent at the time of writing, not far below its yearly high of 1.20. It...

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GOLD Struggling to find support

Gold Struggling to find support Independent Analyst: Thibault MoirezDate: 25 November 2020Gold prices are accelerating to the downside after breaking below the 1,850 mark yesterday. The metal has now crossed below the next support at 1,817 and looks set to continue trading lower amidst the reversal in investor risk sentiment. US treasury yields are widening further on Tuesday while all 3 major...

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GOLD Sets Multi Months Lows

GOLD Sets Multi Months Lows Independent Analyst: Thibault MoirezDate: 24 November 2020Gold took a turn to the worse level on Monday. (Gold) Breaking through the critical level of 1,850 per ounce, caused by US Dollar strengthening which driven by the rising PMI figures and the announcement by US Treasury Secretary - Steven Mnuchin, saying that he will not be extending the Federals Reserve’s...

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