EUR/GBP clears overhead resistance

The EUR/GBP 200 SMA, immediate resistance on 4-hour chart, was cleared in recent trading.Quoting below this dynamic hurdle for multilple sessions, EUR/GBP is now targeting the 800-SMA on the upside.

Nov 5, 2015

Gold resists above $1,100, eyes on NFP

Gold inched lower on Thursday and extended losses into a seventh session, although it managed to hold above $1,100 as investors adopt a wait and see stance ahead of the US nonfarm payrolls report.

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Nov 5, 2015

Crude oil extends losses into a second session

Crude oil prices extended the decline for a second day in a row, with West Texas Intermediate futures down to $45.30 a barrel by the end of the US session. The commodity was hit by a large increase in US stockpiles last week, which resulted in a sharp reversal of the weekly early gains amid renewed oversupply concerns.

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