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  1. Technical Forecast for US Dollar: Neutral

    by , 08-14-2022 at 07:47 PM
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    The Federal Open Market Committee (FOMC) Minutes may drag on the US Dollar should the central bank show a greater willingness to implement smaller rate hikes.
    The daily price is on ranging near and around Weekly Pivot at 105.88 for the possible bearish rebersal to be started or for the bullish trend to be continuing.
    Conslusion: neutral waiting for direction.

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  2. Euro Weekly Forecast

    by , 08-14-2022 at 01:52 PM
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    The fundamental forecast for the Euro next week is neutral as the US CPI bounce fades.
    The daily price is on ranging near and below Ichimoku cloud for trying to cross the resistance level at 1.0368 to above for the primary daily bullish reversal. Alternatively, the price will be on secondary ranging waiting for the direction of the strong trend to be started.

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  3. U.S. Import Prices fell by more than expected

    by , 08-14-2022 at 02:25 AM
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    Reflecting a sharp pullback in prices for fuel imports, the Labor Department released a report on Friday showing U.S. import prices fell by more than expected in the month of July.

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