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The US is About to Break (Another) GDP Record

The US is About to Break (Another) GDP Record

All analysts’ estimates suggest that third-quarter GDP in the US is going to break all previous records for growth. This is to be expected after the second quarter was the biggest ...

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NZDUSD: Intermediate Zig-Zag Likely to Complete Triple Combination

NZDUSD: Intermediate Zig-Zag Likely to Complete Triple Combination

NZDUSD seems to be forming a bullish wave Ⓩ which is part of the primary triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Its development began recently, after the end of the intervening wave Ⓧ, which ...

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Chart of The Day Usdcnh

Chart of The Day Usdcnh

Chart of The Day Usdcnh Usdcnh Potential Reversal Zone & Probable Price Path Usd: Hopes of a Pre-election Fiscal Stimulus Continued to Fade, Pushing...

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Australian Cpi Recovers in Q3 But Fresh Easing Expected

Australian Cpi Recovers in Q3 But Fresh Easing Expected

Solid Q3 Rebound The Latest Economic Data Out of Australia This Week Showed That the Country Returned to Inflation Over Q3 Following the Nearly 2% Con...

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Eurozone On Brink Of Fresh Nationwide Lockdowns

Eurozone On Brink Of Fresh Nationwide Lockdowns

Situations Deteriorating Rapidly The Euro Has Come Under Fresh Selling Pressure Today Amidst Growing Fears Over the Second Wave of Covid-19. Many Cou...

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Gold Prices Cling to the 1911 Price Level

Gold Prices Cling to the 1911 Price Level

The precious metal is making attempts to recover following Monday’s muted close. There is no clear trend emerging in the medium term. As a result, prices are back re-testing the ...

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Crude Oil Prices Recover from Monday’s Slump

Crude Oil Prices Recover from Monday’s Slump

Oil prices are back on the rebound after posting sharp declines on Monday. After a brief decline below the 38.83 support area, price action is pushing higher. However, oil prices ...

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GBPUSD Rises After a 3-day Losing Streak

GBPUSD Rises After a 3-day Losing Streak

The British pound sterling is posting modest gains in an attempt to recover from the slump from the previous three sessions. Price action is repeatedly being rejected near the ...

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EURUSD Rebounds Off 1.1800

EURUSD Rebounds Off 1.1800

The euro currency is likely to move into this Thursday’s ECB meeting with the 1.1800 floor firmly established. Prices briefly tested this level once again only to rebound higher. ...

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Daily Market Outlook, October 28, 2020

Daily Market Outlook, October 28, 2020

Daily Market Outlook, October 28, 2020 Asian Equity Market Performance Is Mixed This Morning After Declines Yesterday in Europe and on Wall Street. C...

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