Forex

Forex

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Wave summary: EUR/NZD remains locked in the 1.5577 – 1.5730 range. We are still looking for a break above the minor resistance at 1.5730 and more importantly a break above resistance at 1.5899 to confirm the next impulsive rally higher towards 1.6236 a…

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Manufacturing sales increased for the third consecutive month, up 1.1% to $54.6 billion in May. The gain was mainly attributable to higher sales in the transportation equipment and chemical manufacturing industries. Sales were up in 16 of 21 industries, representing 71% of the manufacturing sector. Sales of durable goods rose 2.2%, while sales of non-durable goods declined 0.3%. In constant dollars, sales were up 1.1%, […]

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EUR/JPY has been quite corrective in nature residing inside the range between 128.50 and 129.70. Recently EUR could not provide positive economic reports to continue the bullish trend against JPY. ECB has been quite hawkish recently. EUR is expected to…

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(company / ticker / price / change ($/%) / volume) ALCOA INC. AA 36.1 0.09(0.25%) 11292 Amazon.com Inc., NASDAQ AMZN 1,002.88 2.25(0.22%) 11301 American Express Co AXP 85.1 -0…

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