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The GBPUSD decline has also failed to accelerate as price has traded sideways for the last week. A former short term resistance line has served as support thus far and 15250 would be additional support. Above 15600 ...
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Germany’s labor market is expected to improve for the fourteenth month in August as businesses increase production and employment, and the data could lead the EUR/USD to retrace the decline from earlier this month as ...
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I wrote yesterday that a drop “a drop below 13120 would confirm as much (a top)” and that “structurally, the rally counts as a double zigzag (complex) correction and could be complete.” What’s more, the decline ...
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Two 3 wave rallies have unfolded from 8062 so weakness is likely over the near term. The rally channels in a corrective manner as well. The structure of the decline will indicate whether or not an important top is in ...
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