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EUR/GBP to retest the recent high at 0.9056

Jun 19, 2020

EUR/GBP has rallied higher following a sell off in Sterling and is well placed to re-challenge 0.9056/86, the recent high and Fibo resistance

AUD/USD: Subdued Chinese demand for Australian resources distresses the aussie

Jun 19, 2020

The aussie has recovered after hitting a low of 0.5509 in March and is now trading at 0.6863. Joseph Trevisani, an analyst at FXStreet, believes the worst for the AUD/USD pair is not behind yet as its main trade partner, China, is severely affected by the coronavirus.

USD/JPY: A move to the 106.00 level remains on the cards

Jun 19, 2020

Our expectation for USD to ‘dip below last week’s 106.56 low’ did not materialize as it rebounded from 106.65. Downward pressure has eased and for today, USD is likely to consolidate and trade between 106.70 and 107.20

Gold Price Analysis: Dual support opens door to $1,743 on “quadruple witching” Friday

Jun 19, 2020

Gold has been trading in a narrow range but could ready to break to higher ground as it has strong support. Volatility is set to increase on as options and futures are set to expire on Wall Street on "quadruple witching Friday."

GBP/USD clings to modest recovery gains, just below mid-1.2400s post-UK data

Jun 19, 2020

GBP/USD finds decent support near 1.2400 mark amid a subdued USD price action.

USD/IDR Price Analysis: Indonesian rupiah pulls back from 78.6% Fibonacci retracement

Jun 19, 2020

USD/IDR stays above 10-day SMA despite easing from a two-week top.

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