The number of Americans filing for unemployment benefits declined by 6K to 462K for the week ending March 6th. It was the second weekly drop in a row and can be a sign that the climb in weekly claims seen the past two months may be arresting

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Jobless Claims Decline by 6K, Job Growth on the Horizon?

Usd/Jpy reversed sharply on the upside over the past week, after the 61.8% Fibonacci retracement zone (84.80-93.73 move) was tested. A five wave move of decline is now finished at 88.13, where a bullish reversal turning point has started with a black wave A/1

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Usd/Jpy Bullish Bias

EUR continues to form negative candles on the weekly chart with another one seen on the back of its failed attempt on the downside the past week. This development continues to suggest a loss of downside momentum and a preparation for corrective to consolidation phase of its medium term declines…

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EURUSD: Risk Still Building On The Upside