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18 Sep 2019

EUR/USD Technical Analysis: The 1.1100 region keeps capping the upside

  • EUR/USD has regained some poise after recent tops in the 1.0990 region, advancing afterwards to the 1.1070 area, where it lost some impetus.
  • The 1.1100 neighbourhood, coincident with last week’s tops and the 3-month resistance line remains a key barrier for extra gains.
  • A clear of this region on a sustainable fashion should alleviate downside pressure and refocus the trade to the 55-day SMA at 1.1129 and late August peak at 1.1163.

EUR/USD daily chart

 

Sep 18, 2019

US Dollar Index Technical Analysis: Looks to the FOMC for a test of 99.00 and beyond

Dollar Index Spot Overview Today last price 98.3 Today Daily Change 20 Today Daily Change % 0.08 Today daily open 98.22 Trends Daily SMA20 98.39 Dail
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Sep 18, 2019

FOMC Preview: What 13 major banks are expecting from September meeting?

Today, world markets are keenly awaiting the outcome of the all-important Federal Open Market Committee (FOMC) monetary policy decision for the month
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