2017

As we advised last week and as we see over our previous chart USDJPY managed to break above 113.20-30 resistance zone which may activate farther advance toward 114.40 zone As long as market holding above 113.00 more advance toward…
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As we advised yesterday and as we see over our previous chart GBPUSD managed to hit below 1.3320 which may be the sign of break throw As long as market holding below 1.3360-80 resistance zone more drop will be expected toward…
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As we advised early this week, EURUSD still face downtrend pressure below 1.1815-25 resistance zone Market managed to head for another drop wave toward 1.1717 before market hit some rebound correction As long as market holding below…
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NZDUSD intra-day analysis NZDUSD (0.6948): The New Zealand dollar extended gains for three consecutive days. Price action managed to remain supported above the short term price level of 0.6911. Resistance is seen at 0.6981 which could be…
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USDJPY intra-day analysis USDJPY (113.29): The USDJPY formed another doji pattern on the daily chart yesterday. A bearish close below the doji's low today could potentially signal further downside in price. USDJPY is seen trading just…
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Daily Forex Market Preview, 13/12/2017 The U.S. dollar was seen trading mixed as investors gear up for the Fed meeting today. On Tuesday, economic data from the U.S. showed that the U.S. producer price index advanced 3.1% on the year in…
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The U.S. Federal Reserve will be concluding its two-day FOMC meeting on Wednesday this week. According to the futures markets, the 30-day Fed funds rate is expected to rise by 25 basis points, bringing the short term interest rates to 1.25%…
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Wednesday’s Federal Reserve announcement on interest rates (2 pm New York, 7 pm London, 11 pm Dubai) is widely expected to produce a 25-bp rate hike in the Fed funds rate range to 1.25-1.50%. Traders will look out for these two crucial…
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Dow managed to sustain trades above 24300 where market still have chance to continue advance toward 24700 target zone As long as market holding above 24300 the uptrend wave will sustain Below 24300 market may restore the old drop…
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As we last week and as we see over our previous chart Gold managed to break below 1260 last week which may trigger a new downtrend wave over the comming short-run toward 1215-25 zone As long as market holding below 1265-70 the…
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