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Analysis of the trading week of October 10-14 for the EUR/USD pair. COT report. The European currency remains "at the bottom"

RobotFX October 15, 2022 trading 10-14

Long-term perspective. The EUR/USD currency pair has lost about 30 points during the current week. Thus, after an unsuccessful attempt to overcome …

EUR/USD. As long as the dollar remains strong, the euro is unlikely to grow wings

RobotFX October 09, 2022 wings dollar

Global markets have been struggling this week to find a clear direction after a turbulent third quarter. Investors continue to assess global geopol…

Bitcoin remains for a third day around $21,300

RobotFX August 23, 2022 remains 21300

Black line -resistance For a 3rd day Bitcoin price has made no real progress. After the sharp sell off from $24,000 to $20,800 Bitcoin has paused t…

Cardano remains trapped inside trading range

RobotFX August 22, 2022 trapped cardano

Red lines- trading range Since May of 2022 Cardano has made no real progress as price is moving mostly sideways inside a trading range between $0.3…

EURUSD backs off resistance, but price action remains contained as buyers/sellers battle.

RobotFX July 20, 2022 resistance action

The EURUSD remains contained within the trading range with buyers and sellers battling it out. The ECB decision is tomorrow which will impact the …

Gold price remains under pressure despite Dollar weakness.

RobotFX July 19, 2022 weakness dollar

Red lines- downward trend line Blue line- resistance trend line Gold price is trading still above $1,700. Despite Dollar weakness Gold bulls seem …

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