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USDJPY: The pair halted its weakness to print a rejection candle on Wednesday leaving risk of recovery on the cards. While it continues to reject lower level prices, we look for it to head higher on correction. On the downside, support comes in at the 101...
EUR/USD: Bearish: Room to extend lower but 1.0820 is a major support. While the rapid drop from the 1.1180/85 high on Tuesday is reassuring for our bearish EUR view, downward momentum is not as strong as we would like...
WDAIC as a company always here to keep you updated. From the publication of the FOMC protocols there was nothing of specific interest to report. The trade direction bias has not changed. JPY and Gold as previously used as a safe haven assets and traded up...
EURUSD: Having EURUSD halted its weakness to close higher on a rejection candle on Wednesday, further bullishness is envisaged. Support lies at the 1.1050 level. Further down, support comes in at the 1.1000 level where a violation will aim at the 1.0950 level. A break of here will target the 1...
Welcome to my "Strength and Comparison" article for the coming month, the article "Ranking, Rating and Score" has also been published for this month. For analyzing the best pairs to trade looking from a longer term perspective the last 12 months currency classification can be used in support...
Welcome to my "Ranking, Rating and Score" article for the coming month, the article "Strength and Comparison" has also been published...
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EUR/USD: Our bearish view was encouraged by yesterday’s bear-flag breakout. A move below initial targets near 1.1025 would open the 1.0970 area and then the 1.0910 lows. Further out, we see room towards 1.0840 and then 1.0710. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you...
USDCHF: Having the pair lost upside pressure, further decline looks to follow lower. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level...
With the first half of the year already behind us, a lot of people are revisiting their financial goals for the year. How close are you to the projections you that made in January? Have you started expanding your sources of income as you promised...
The Reserve Bank of Australia (RBA) fires the first salvo this month! In case you missed it, we’ve listed down the five things you need to know about the central bank’s monetary policies in July: 1. Interest rates remain at 1...
Talking Points: EUR/GBP Technical Strategy: Flat Euro hits 3-year high vs...
Talking Points: - 5,300 level held as resistance and the index lost some of its gains - Index bouncing from 200 day moving average areas to test 5,200 for possible resistance - ATR at the highest level since February, and volatility might stay elevated The ASX 200 is seeing a bounce off its 200 d...
Highlights form the May 2016 German factory orders data report 6 July 2016 Prior -2.0%. Revised to -1.9% -0.2% vs 0.9% exp y/y WDA. Prior -0.5%. Revised to -0.4% Domestic orders -1.9% vs 1.6% prior m/m Export orders 1.4% vs -4.3% prior m/m...
Economic trading data due today Morning all. Another day, another collapse in Her Majesty's pound note. It's getting to the point where it's not worth the paper it's written on. My kids are even turning their nose up at it when I give them their pocket money...
I thought this might have been a euphemism for GBP selling But, no. It really is flood gates...
GBP has continued its slide, but a bit of a bounce from the brief sub-1.2800 low its seen USD/JPY is down big time today also AUD, NZD, EUR all lower against the USD...
If you scan this Goldman Sachs price you'll see 'doomsday' & 'free-fall', but on a more careful reading you'll also see .... errr ... 'doomsday' & 'free-fall'. Enjoy...
Hello traders, This image has thousands of words to explain :) A2SR line level that near with trendline is stronger SR, and also able to be used as confirming breakout or breakdown. Follow your trading style through the support and resistance levels of A2SR...
Talking Points: USD/JPY Technical Strategy: The Trend Is Clearly Lower 200-Week Moving Average Remains The Line In The Sand (106.42) The Rudder Is Set And Volatility Favors JPY Strength Remember the “Tipping Point” in JPY...
