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The cross consolidated in the previous days, but we believe it is ready to start advancing again. The daily chart on Friday posted a bullish pin bar, with the price jumping from the 50DMA. It [...]
Sterling remains heavily oversold and there appears to be no further news negative for the pound, which had not been priced in yet. Therefore, some short squeeze and short covering might still happen. Moreover, there [...]
The consolidation on the EURJPY cross appears to be over and it is probably poised to burst higher. The cross has been moving sideways for a couple of days and a breakout from such a [...]