2017

USDJPY managed to jump above resistance 112.05 which may push for more advance to re-test 112.60-70 zone As we see over the chart, as long as market holding trades below resistance 112.70-80 the chance for market to continue the…
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British pound managed to print above resistance 1.3430-60 which may be the sign of more advance toward 1.3560 Intraday levels showing supports at 1.3430 and 1.3370 where as long as market holding above one of those supports more advance…
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As we see over our previous chart and as we advised before Euro still showing downtrend pressure where market still looking toward 1.1710-30 target Market showing resistance at 1.1840 and 1.1875 where as long as market holding below…
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XAUUSD intra-day analysis XAUUSD (1284.27): Gold prices gave up the gains as price action fell sharply back to retest the previously breached resistance level. Gold prices are currently trading slightly below the 1285 handle. Failure to…
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USDJPY intra-day analysis USDJPY (111.99): The USDJPY closed on a bullish note yesterday following the inside bar pattern that was formed on Tuesday. The upside momentum could continue but price action is seen testing the resistance…
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Daily Forex Market Preview, 30/11/2017 The U.S. dollar was broadly muted on Wednesday despite strong economic releases. Starting with the second revised estimates for the GDP, data from the commerce department showed that the U.S.…
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Summary: German Ifo business climate hits the highest level since 1991 Businesses optimistic on economic outlook ECB minutes show members differ on announcing QE end date Eurozone flash manufacturing and services PMI rise…
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What has happened to all of the prophetic statements about the British pound falling below $1.15/$1.10 and remaining there? After crashing last year to $1.1840, a 31-year low (some prices suggest $1.1500), it is now up by 12%. The pound…
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Dow managed to break above 23640 yesterday where managed to add more advance toward taget 23750 and 23880 as we advised few weeks ago Dow still holding strong after Fed Chair Designate Powell Speech yesterday Dow also managed to…
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We still holding the same Model for Gold for the last few weeks As we see over our previous chart and as we advised before Gold managed 2 weeks ago to test 1296-98 resistance zone where market headed to another drop wave toward…
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