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Trader Journals
Trader Journals:::
CL/Crude Oil
In Tuesday morning trading in Asia, the price of West Texas Intermediate (WTI)—the U. S. benchmark—reached approximately $85. 30 per barrel, nearing its lowest level since August. This decline in oil prices...
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EUR/GBP
Technical and Fundamental Analysis of the EUR/GBP Pair EUR/GBP remained confined to a narrow trading range on Tuesday, with the pair hovering near 0. 8343 as investors assessed the contrasting monetary...
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XAU/USD, GOLD
Gold (XAU/USD) faced selling pressure on Tuesday, retreating from some of the strong gains recorded the previous day—after prices touched the $4, 150 resistance level. Nevertheless, the spot price of gold...
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CL/Crude Oil
West Texas Intermediate (WTI) crude oil futures on the New York Mercantile Exchange (NYMEX) faced renewed selling pressure on Tuesday, falling 1. 5% to below $85. 00 per barrel. The U. S. benchmark...
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GBP/USD
The British pound rose against the US dollar (GBP/USD) at the start of European trading on Tuesday, continuing its recent upward trend. Meanwhile, a sense of caution prevailed across financial...
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GBP/USD
The British pound rose against the US dollar (GBP/USD) at the start of European trading on Monday, approaching the 1. 3385 level. This gain was bolstered by the Bank of England’s...
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AUD/USD
The Australian dollar has staged a sharp turnaround, climbing 0. 88% to trade near 0. 6920, and the driver is a geopolitical story rather than anything domestic. Speculation is building that Washington...
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GBP/USD
The British pound continued its decline against the US dollar (GBP/USD). The euro also retreated, following a clear technical sell signal. While both major European currencies lost value, the recent...
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GBP/USD
The GBP/USD exchange rate experienced a technical rebound after falling to the 1. 3342 level—a 38. 2% Fibonacci retracement point. This level acted as strong support, driving the exchange rate higher...
Trader Journals:::
XAU/USD, GOLD
Gold prices (XAU/USD) rose by more than 1. 50% on Monday, surpassing the $4, 130-per-ounce mark, driven by a weakening US dollar. This gain occurred despite strong employment data released on Friday...