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The US dollar was able to take advantage of risk-off flows as stock markets tanked once more.
EURGBP continues to trade lower as it bounced off the descending channel resistance on its 4-hour time frame.
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The US dollar rebounded against most of its counterparts in recent sessions but analysts have doubts that it can hold on to its winnings.
EURUSD appears to be pulling back from its latest rally as price could correct to the ascending trend line or Fib levels on the daily time frame.
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The US dollar was off to a good start but failed to hold on to most of its gains as risk appetite returned to the markets when equities recovered.
GBPUSD recently broke past the resistance of a long-term ascending channel, indicating that a steeper climb may be underway.
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The dollar was able to draw a bit of support from risk-off flows even as equities plummeted.
EURJPY suffered a steep drop recently but is currently pausing at the bottom of its ascending channel on the 4-hour time frame.
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The US dollar staged a strong rally during the NFP release as the results came in better than expected.
USDCAD popped up from support around the 1.2250 minor psychological level to the 1.2400 area, which lines up with an area of interest.