downside trend support holding.1580 for the day and upside resistance.1710 or 200MA. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Forex News, the forex forum is where traders come to discuss the forex market. China, the EU and others have been manipulating their currencies and rates lower. It is currently in the middle of the channel. He made the rare move by taking aim at the Fed in an interview with cnbc. Trump is said to worry Fed will raise rates twice this yr: cnbc.
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It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. Until that moment, the greenback gained ground across the board, extending the trend. The greenback previously enjoyed trade wars and the hawkish Fed. The, eUR/USD is trading below the 50 and 200 Simple Moving Averages on the 4-hour chart, with the 50 about to cross the 200 to the downside, a bearish sign. It had already fallen on Thursday only to bounce back on the extraordinary comments by US President Donald Trump. The EUR/USD is back to hugging the.1650 area. For the day one can take a buy above.1720 levels and can add till.1650 until it holds above.1580, if break can see a sharp fall till.1500 which is a psychological support. German producer prices rose.3 in June, as expected. It is like a virtual forex trading room. How will the Fed react? Interact on the same venue to discuss forex trading.
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