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EUR Pairs Trading back to "normal"?

The end of the French Presidential elections was marked with a Macron win. The EUR/USD did not have much more room to the upside after its continuous rise over the past couple of weeks and indeed it gained only 10 pips from Friday's close on the news, before drifitng down.
For now we are avoiding a trade in the EUR/USD, but a SHORT importunity arose in the EUR/GBP pair. Initally we were aiming for a relatively small profit target but it has the potential of moving toward 0.842, so profit target …
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06/05/2017

The dollar finished the week higher against the Canadian dollar, the Australian dollar and the New Zealand dollar. Commodities' fall weighed on the laggard currencies.
Sterling and the euro rose against the dollar. The first currency lifted by better than expected PMIs (construction, services and manufacturing) and the second one, with markets awaiting Macron’s election.
The dollar also rose against the yen and now support is seen at 112.
During the week, I’ve traded US dollar/CAD dollar. I l…
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EUR/USD Buying Interest Mystery

Today after good US data--non farms and unemployment data--the EUR/USD jumped up after toiling during the European session, managing a low of a 1.0946, going up to 1.0980 within the first 5 minutes of the news. Same story yesterday with good US data not deterring the pair's quick assent to above previous highs after good Spanish unemployment numbers.
There might be something which is not yet clear behind this buying interest.
Currently it doens't seem like the French elections alone could be beh…
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24/04/2017

The euro rose till the 1.0920 level answering with relief the result of French elections' first round. Some profit taking prompted the currency to dip below the 1.09 level and reaching an intraday low at the 1.0820 level.
Sterling is flat. It is squeezed between the 1.2850 and the 1.2750 levels. The Bollinger band is widening, though the 20, 55 and 100-day SMAs are below the intermediate Bollinger band, which is located slightly above the 1.26 level. It seems that before resuming its trend high…
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21/04/2017

The euro is moving lower on Friday. The exchange rate at 1315 GMT trades near the 1.07 level. The exchange will likely remain squeezed between the 1.0686/59 level, which represents a strong cluster formed by the 20 and 55-day SMAs, the monthly PP and the weekly R1, and the 1.0729 level, where the weekly R2 is located at.
Sterling is moving lower after disappointing March retail sales. Retail sales dropped to 1.7% year-over-year in March, falling behind analysts 3.4% forecast and from 3.7% previ…
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