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  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -0.11% Gold: -0.43% Silver: -0.87% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/AOIbh73rp3
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.68%, while traders in France 40 are at opposite extremes with 78.98%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/yK7jFjbjiP
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  • As the BoE are expected to maintain current policy settings with the bank rate at 0.1% and APF at £895bln. The focus will be on the accompanying statement and projections. Get your market update from @JMcQueenFX here:https://t.co/AOvhRkoOFO https://t.co/prSL9VPFqV
  • $EURUSD too clean for comfort, esp with #NFP on the horizon https://t.co/W6MjdfHWUW
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.70%, while traders in France 40 are at opposite extremes with 79.47%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Su4dGQMLg4
  • The primary point of worry for the FOMC is labor and tomorrow brings the July NFP report out of the United States. Get your market update from @JStanleyFX here:https://t.co/fur0ydizSn https://t.co/dcKE8AQ7iC
Guest Commentary: EUR/USD Rally Due for a Pause

Guest Commentary: EUR/USD Rally Due for a Pause

Eirc Morera,

"Cycle from 4.24.2013 low is nearing completion and we expect 1.236 ext (1.3259) to hold for a corrective pull back before rally resumes." - Eric Morera, Elliottwave-Forecast.com

For more videos and Elliott Wave-based trading strategies, please visit www.Elliottwave-Forecast.com

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