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February 12, 2021
Published by CF Merchants on February 12, 2021
Categories
  • Market Analysis

US Dollar remained on the back foot on Friday, bitcoin renews record above $48,000

EURUSD The EURUS has been entering a narrow range since European trading hours in early Wednesday. While the upside has been piled around 1.2150, the bears […]
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February 11, 2021
Published by CF Merchants on February 11, 2021
Categories
  • Market Analysis

US Dollar Up, Inflation Remains on Investors’ Minds

EURUSD The EURUSD is gaining against the US dollar after a well-received speech by Fed Chairman Jerome Powell yesterday. The 1.2130 level is an important focal […]
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February 10, 2021
Published by CF Merchants on February 10, 2021
Categories
  • Market Analysis

Dollar Down, Economic Recovery Hopes Continue to Grow

EURUSD The EURUSD has rallied from 1.1951 and the intraday bias reverses towards the resistance at 1.2188.The corrective decline from 1.2348 should be reduced to 1.1951 […]
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February 9, 2021
Published by CF Merchants on February 9, 2021
Categories
  • Market Analysis

Bitcoin tops $47,000 for first time

EURUSD The EURUSD Last week’s losses to the European single currency recovered during this week’s first trade meeting. For the first major resistance test at 1.2098 […]
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February 8, 2021
Published by CF Merchants on February 8, 2021
Categories
  • Market Analysis

Dollar Up Despite Friday’s Disappointing U.S. Jobs Data

EURUSD The EURUSD broke support levels 1.2020 and 1.2000. The pair was trading near the 1.1950 level and formed a low at 1.1951. Recently, there was […]
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February 5, 2021
Published by CF Merchants on February 5, 2021
Categories
  • Market Analysis

Dollar Edges Lower, Consolidating After Week’s Gains

EURUSD EURUSD has fallen to 1.1951 so far. The channel support interval shows that the drop from 1.2348 to 1.0635 corrects the overall trend. The intraday […]
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February 4, 2021
Published by CF Merchants on February 4, 2021
Categories
  • Market Analysis

EUR/USD – 1.20 on brink of falling

EURUSD The EURUSD is falling from the third day in a row since the start of the week, fixing lows, indicating significant selling interest. However, the […]
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February 3, 2021
Published by CF Merchants on February 3, 2021
Categories
  • Market Analysis

Dollar Up, Hopes Also Up on U.S. COVID-19 Recovery

EURUSD EURUSD is trading near the immediate support of the trend and needs to see a recovery today to avoid dropping from 1.20-1.19. But failing to […]
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February 2, 2021
Published by CF Merchants on February 2, 2021
Categories
  • Market Analysis

The USDCAD fell to 1.2850 during the early Asian session on Tuesday.

EURUSD Euro is working against US Dollar index. Just as US Dollar index has broken out of a descending wedge and is trying to move higher, […]
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    Legal: CF Merchants is the trading name of Commodity and Forex Merchants registered and regulated in many Jurisdictions. CF Merchants Limited is regulated with license number 24535/2018, at Suite 305, Griffith Corporate Center, P. O. Box 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines as an International Broker Company under the company act of Saint Vincent & the Grenadines. The objects of the Company are all subject matters not forbidden by International Business Companies (Amendments and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and Grenadines 2009, in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well to provide brokerage, training and managed account services in currencies, commodities, indexes and leveraged financial instruments.
    Commodity and Forex Merchants Limited is authorized under license number 1092420 by the Companies House, Cardiff, United Kingdom on 21st August 2017.

    High Risk Investment Warning: Margin FX are leveraged products that carry an extraordinary level of risk to your funds. Trading is not suitable for everyone and may result in you losing significantly more than your investments and therefore, you should not speculate with capital that you cannot afford to lose. You should consider whether you understand how this work and whether you can afford to take the high risk of losing your money. All the trading related information on this website is general in nature and does not take into account your or your client’s personal intentions, financial conditions and needs. We encourage you to seek independent advice if necessary. It is the responsibility of the client to ascertain whether he/she is allowed to use the services of the CF Merchants based on the legal requirements in his/her country of residence. Please read full Risk Disclaimer for more details.

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