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USD/RUB Bulls are losing momentum

USD/RUB sellers stood their ground and buyers retreated in recent sessions as MACD (26, 12, 9) has fallen off below its median line.

On a 4hr chart, this technical condition may be taken by many trend-following traders as a trigger to liquidate long positions.

The fact that the MACD hasn't been under zero for at least one week of trading, reinforces the argument that room for further USD/RUB depreciation is there.

USD/HUF momentum switched to negative

USD/HUF momentum switched to negative
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USD/JPY jumps to one-month high of 112.07, is this a BIS rally?

The Dollar-Yen pair jumped to a one-month high of 112.07, ignoring the weak US data and flatter yield curve as investors fear the Fed may continue to
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