Forex Signals for 28th January 2021
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Buy GBPUSD at 1.3674
Take Profit at 1.3735
Stop loss at 1.3620
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Buy GBPJPY at 142.60
Take profit at 143.20
Stop loss at 142.00
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Buy EurUsd at 1.2101
Take Profit at 1.2162
Stop loss at 1.2050
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Buy Xauusd at 1837
Take Profit at 1847
Stop loss at 1825
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Forex Signals for 28th January 2021
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- EUR/USD Price Analysis: Remains under downside pressure below 1.0370/80.EUR/USD comes under pressure once again near 1.0150.The 1.0370/80 band caps the upside for the time being.EUR/USD returns to the lower end of the weekly range near 1.0150 and fades at the sameContinue reading “EUR/USD Price Analysis: Remains under downside pressure below 1.0370/80.”
- GBP/USD marches firmly towards the confluence of the 20/50-DMAs around 1.21.The GBP/USD snaps three days of losses and approaches the 1.2100 figure as the greenback begins to weaken in the middle of the North American session, courtesy of resurfacing recession fears with USContinue reading “GBP/USD marches firmly towards the confluence of the 20/50-DMAs around 1.21.”
- EUR/USD Price Analysis: Decent contention lies near 1.0100.EUR/USD drops further and revisits the 1.0120 area.Extra losses should meet solid support around 1.0100.EUR/USD challenges the August lows in the vicinity of 1.0120 on turnaround Tuesday. While further correction appears likely inContinue reading “EUR/USD Price Analysis: Decent contention lies near 1.0100.”
- GBPUSD stuggles to gather recovery momentum, trades below 1.2100.GBP/USD stays under constant bearish pressure on Monday.The greenback preserves its strength despite disappointing data. GBP/USD started the week under bearish pressure and dropped to a weekly low of 1.2051 in the EuropeanContinue reading “GBPUSD stuggles to gather recovery momentum, trades below 1.2100.”
- EUR/USD extends sell-off below 1.0200 as USD bulls refuse to give up.EUR/USD is under heavy selling as the US dollar keeps rallying amid risk-aversion. Recession fears amid deepening Germany’s energy crisis add to EUR’s misery.The sell-off in the Treasury yields fail to lend supportContinue reading “EUR/USD extends sell-off below 1.0200 as USD bulls refuse to give up.”
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