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Wednesday, 20 August 10:34 (GMT -05:00)


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Foreign exchange market

EURUSD: Negative Sentiments

EURUSD

 

 

The eurozone’s poor macroeconomic stats intensified the negative sentiments. In particular, Asian-Pacific markets showed some negative dynamics this morning.

 

 

 

 

 

 
The eurozone’s manufacturing PMI declined by 1.8 points down to 45.9 in April 2012. The data came out worse than expected.
The eurozone’s rate of unemployment increased by 0.1% (m/m) up to a new record – 10.9%.
 
Forex.
 
According to Masterforex-V Academy, EURUSD is forming a small-scale retracement wave, which may turn into either wave B or wave 4 inside the current bearish pattern.

 

 

 

 

You are free to discuss this article here:   forum for traders and investors

 

Text: Alex von Stachelkopf, трейдер кафедры СРП Академии трейдинга Masterforex-V
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GBPUSD: Dollar Gains Value Versus Pound Mid Lower UK Housing Prices

 

The British housing market continues showing weakness in August. This is confirmed by the results of the survey conducted by Rightmove. According to the experts, the current weakness of the British housing market is mainly caused by higher demand coupled with lower housing prices in London. At this point, the average price of residential property has dropped down to 262 401 pounds. August's price drop is currently equal to 2,9%. This means that the bearish tendency started in July is still underway. It turns out that this month's drop is the biggest one seen by Rightmove.
 
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RVD Markets Starts 10% Bonus for Forex Investors and Managers

 

These days investment at Forex market is one of most perspective variants of investing one’s means. Owing to the fact that the international exchange market is the largest trading ground in the world with day-to-day turnover of several trillion dollars, as well as owing to its progressive innovative technologies, anyone can gain regular income at it.
Publication date: 19 August 09:55 AM

EURUSD Starts Trading Week With Decline

 

The common European currency is still trading within the scope of the 1.3358-1.3411 price range, formed on Friday, However, the price is currently going down to the bottom of the range while staying within its boundaries during today's European trading session.
 
Publication date: 18 August 05:02 AM

Concord Bay Offers Forex Traders to Become Co-owners of the Company

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Publication date: 17 August 05:33 PM

Masterforex-V Academy Expert On Choosing Reputable Brokers

Choosing a fair and reliable broker is essential for successful Forex trading on live accounts. A broker is a financial mediator helping you to reach the interbank liquidity.

 
Publication date: 15 August 12:33 PM

Masterforex- Expo: 25 Most Reputable Forex Brokers. August 2014

 

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Publication date: 15 August 12:09 PM

International Association of Forex Traders (IAFT) – Your Source of Higher Forex Profits

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Publication date: 15 August 10:31 AM

EURUSD Goes Down To 1.3370

 

Amid mixed economic stats from the Eurozone published yesterday, the common European currency keeps on trading within a narrowing price range (a triangle) as the market participants cannot decide on the direction of the near-term trend.
 
Publication date: 15 August 08:59 AM

EURUSD Goes Up To 1.3390

 

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EURUSD Starts Friday In Price Range

 

Yesterday's trading session was won by the buyers of EURUSD. The rally started from 1.3349.
 
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