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Technical Analysis

Must-Have USD Model | Forex action

by on May 26, 2021 0

The US dollar yo-yo on economic data and tapering continues on Monday, in a pattern we’ve already highlighted. EUR and NZD are the strongest currencies of the day, while GBP is the weakest. A trend continues to repeat itself in US dollar trading. Positive headlines on economic data give it a boost, then it...

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The Complete Guide to Volume Meters

by on May 24, 2021 0

Volume indicators are technical tools to assess the bullish and bearish power of a security. Most specifically look at buying pressure versus selling pressure to determine which side controls the price action. Others try to identify the emotions that move security at a particular time. For example, unusually high volume compared to a moving...

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Index fails 50 day EMA again

by on May 19, 2021 0

While the NASDAQ 100 is lagging a bit behind, I don’t necessarily think it’s going to collapse. The NASDAQ 100 rallied a bit during Tuesday’s trading session as we approached the 50-day EMA, but then broke down. At the end of the day, it’s a market that always pays close attention to the 50-day...

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Trying to break the top of the triangle

by on May 19, 2021 0

It is very likely that we will continue to see buyers on these declines so it is difficult to deprive ourselves of this market. The West Texas mid-market crude oil market initially fell quite hard during the trading session, but rallied to show signs of strength as the $ 64 level offered significant support....

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Crude oil rally at risk as WTI stalls resistance

by on May 18, 2021 0

Crude Oil Technical Forecasts: Weekly WTI Trade Levels Oil prices have jumped more than 17% from March lows, with a three-week rally now putting pressure on technical resistance near annual highs. Despite a barrage of headlines regarding the Colonial pipeline hacking, gas supply chain disruptions and increasing inflationary concerns, WTI remained capped by a...

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Sale could accelerate to $ 40,000

by on May 17, 2021 0

In its marketing, Tether has consistently stated that its reserves are 100% backed by cash, which raises concerns about the strength of stablecoin. Bearish view Sell ​​BTC / USD and set a take-profit at 40287 (S1 from the standard pivot point). Add a stop-loss at 47104 (April 25 low). Chronology: 1 to 2 days...

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Support and resistance to trading

by on May 16, 2021 0

Get our trading strategies with our monthly and weekly forecasts of currency pairs to watch using support and resistance for the week of May 17, 2021. Publicity This week we will start with our monthly and weekly forecasts of currency pairs worth watching. The first part of our forecast is based on our research...

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S&P 500 Forecasts: New Momentum

by on May 14, 2021 0

The S&P 500 pulled back somewhat to kick off the trading session on Thursday, but turned to see buyers gain the upper hand. Support for the 50-day EMA offer is nothing new to this market, and if you recall from yesterday’s video, I said that this market tends to fall below the EMA. 50...

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Finds massive 50-day EMA buys

by on May 14, 2021 0

Seeking the opportunity to build a longer term position The FTSE 100 fell significantly during Thursday’s trading session to hit the 1600 level. This is where we broke out previously, and the top of the ascending triangle that I marked on the chart. The fact that we have come back to retest this area...

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Fall back to a major support level

by on May 14, 2021 0

The pound fell again in Thursday’s trading session, hitting the 1.40 grip. The 1.40 handle is an area that many traders will pay close attention to as it was a major resistance barrier that was recently broken.. We haven’t come back yet to fully test it again, and I think that’s what we’re doing....

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The Canadian dollar is finally slowing down

by on May 13, 2021 0

Regarding the purchase, I have no interest in doing so. Publicity The US dollar initially fell against the Canadian dollar during Wednesday’s trading session, but as the 1.20 grip neared, it is evident that we are starting to meet some support. The market is likely to continue to see a lot of volatility in...

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EUR / USD forecasts: launches from big numbers

by on May 7, 2021 0

The euro rebounded significantly during Thursday’s trading session as the 1.20 grip offered enough support to keep the market going. In addition, there are a host of technical indicators in this general neighborhood which should also continue to gain attention. The 50 day EMA is sitting just below this zone, and of course we...

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GBP / USD Forecast: Confusion

by on May 7, 2021 0

The pound swung back and forth during Thursday’s trading session as the UK’s Monetary Policy Committee moved back and forth, the announcement suggesting the cut will be much faster than it is. initially thought so. This obviously pushed the British pound higher, but at the end of the day we saw this market go...

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BoE: to taper or not to shrink

by on May 6, 2021 0

At first it appeared that a softer-than-expected ADP report would rekindle the appetite of growth stocks, but the winds of reflation quickly returned to the market, forcing US big tech to erase previous gains and close the market. session down 0.37%. Dow advanced 0.29%. The next big test for the market is for Friday’s...

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Bitcoin dances around the 50-day EMA

by on May 5, 2021 0

It is a market that cannot be bought. Publicity The Bitcoin market fell during Tuesday’s trading session to hit the 50-day EMA, the most common indicator that many trend traders use in the Bitcoin market. You can see that the 50 day EMA has been an area that buyers have come to the market...

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More than words… | Forex action

by on May 5, 2021 0

Yellen’s comments on interest rates push the Nasdaq down Treasury Secretary (and former Federal Reserve Chairman) Janet Yellen might have wished she had used less extreme words last night. Ms Yellen said interest rates may have to rise to keep the economy from overheating. However, she worded this by saying that additional government spending...

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Index continues to flirt with 7000

by on May 4, 2021 0

Expecting gains would probably be too much. Publicity The current volatility creates great opportunities for stock trading – don’t miss this opportunity! The FTSE 100 fluctuated on Monday in very volatile and indecisive trading. Currently it looks like level 7000 above will continue to cause serious problems, so it won’t be easy to get...

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Hindered by a recovering dollar

by on May 3, 2021 0

Despite failed attempts to rebound gold, the opportunity remains. Publicity Now is the time to trade gold?Don’t let fear prevent profits! Trade Gold Now! Gold’s weak attempts to rebound higher during trading last week did not break through the resistance level of $ 1,790, and last Thursday’s session was disastrous. In general, the rise...

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The market goes down from $ 65

by on May 3, 2021 0

It is a market that you should buy if there is a dip. Publicity The West Texas mid-market crude oil market fell quite hard in Friday’s trading session, showing signs of depleting to the $ 65 level. The $ 65 level is one area where we’ve seen selling pressure before, so it makes sense...

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Weekly Forex Forecasts

by on May 2, 2021 0

Start the week of May 3, 2021 with our Forex forecasts focused on major currency pairs here. GBP / USD The British pound initially rebounded during the week, but returned gains again to form a shooting star for the second week in a row. I suspect we will likely pull back this week, hitting...

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USD / INR Forecast: May 2021

by on April 30, 2021 0

The USD / INR provided fierce trading complications in April, as the implications of the coronaviruses wreaked havoc on the currency pair and resulted in strong bullish momentum. Publicity The Rupee has been extremely popular lately – don’t miss out on these great opportunities! Let’s trade now At the start of May, USD /...

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DAX Forecasts: Fall For Help

by on April 30, 2021 0

The German index collapsed significantly during Thursday’s trading session, but then found support just above the 15,000 level, a large, round and psychologically significant number that many people would pay attention to. The 15,000 level of course got a lot of attention and as a result we turned around to show some support. As...

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Bitcoin Forecast: May 2021

by on April 30, 2021 0

BTC / USD hit a record high in April, but recent price action may have disappointed speculators. Publicity BTC / USD has encountered headwinds in recent weeks after setting a record 64,800.00 on the 14the April. Last week, BTC / USD fell to lows of around 47,000.00 under rapid market conditions. Since testing the...

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USDCAD Dips As Descending Channel Highlights Bearish Bias

by on April 30, 2021 0

USDCAD sailed to a 37-and-a-half-month low; However, the pair’s negative momentum appears to be losing momentum, respecting the existing support area between the barriers of 1.2255 and 1.2195. Nonetheless, the sliding Simple Moving Averages (SMAs) confirm the negative trajectory and, along with the Ichimoku Cloud, continue to counter price improvements, confining the pair to...

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EUR / USD forecast: May 2021

by on April 29, 2021 0

Ultimately, it should be a positive month. Publicity April has been a very strong month for the Euro, and I think we will continue to see some pursuit going forward. After all, we have crossed a relatively large bearish trendline and we also have the FOMC meeting and statement on the sidelines. It looks...

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XAU and XAG charts look bullish

by on April 29, 2021 0

Gold / Silver Price Technical Outlook Gold maintained support yesterday, looks set to trade higher soon Money stays within a bullish channel Gold and Silver Price Analysis: XAU and XAG Charts Look Bullish Gold yesterday marked and canceled support around 1764, a level in play since May of last year. It acted like a...

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Beware of a strong Fed consensus

by on April 29, 2021 0

Expectations for Wednesday’s Fed statement are low, but be careful not to be complacent as recent history calls for caution. The GBP was the best performer while the Yen lagged behind. The CAD is the strongest currency after exploding retail sales figures. The chart below highlights the EURUSD reaction to each of the Fed’s...

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Still stuck in moving average compression

by on April 28, 2021 0

Keep in mind that if yields in America go up, it works against the value of gold. Publicity The gold market fluctuated again during Tuesday’s trading session as we are stuck between the 50-day EMA below and the 200-day EMA on the upside. The candlestick ended up being very neutral, and that tells me...

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The index continues to look solid

by on April 27, 2021 0

It’s a market that remains bullish, but it will more than likely be relatively volatile at the same time. Publicity The current volatility creates great opportunities for stock trading – don’t miss this opportunity! The FTSE 100 rallied significantly in Monday’s trading session, closing in on handle 6925. This is a good sign, as...

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New records as speculation remains feverish

by on April 27, 2021 0

Timber has exploded higher since mid-January 2021 and its value has hit an all-time high as speculation has turned feverish. Before there were cryptocurrencies to bet on, the world of commodities offered speculators a place to bet on volatile changes in value that could test the stamina of the strongest individual. In the commodity...

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Sunset Market Commentary | Forex action

by on April 26, 2021 0

The steps This week’s ecological calendar contains a lot of data (data on growth and prices of the United States and EMU in the first quarter, confidence in the EMU and the United States) and events (political decision of the Fed on Wednesday, the US Treasury sells over $ 180 billion combined in 2-,...

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Forex Forecast: Pairs at a Glance

by on April 25, 2021 0

Get the Forex forecast using Fundamentals, Sentiments and Technical Position Analysis for Major Pairs for the week of April 26, 2021 here. Publicity The difference between success and failure in Forex trading will most likely depend primarily on which currency pairs you choose to trade each week and in which direction, and not on...

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Silver Price Analysis: XAG / USD Remains Defensive Near $ 26.00

by on April 23, 2021 0

Silver faced rejection near short-term ascending channel resistance on Thursday. The mentioned channel constitutes the formation of a bearish flag graphic pattern. Sustained breakout support is needed to confirm the bearish bias. Silver swung between lukewarm gains / minor losses around the $ 26.00 mark and consolidated the overnight retracement slide from the resistance...

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Withdrawal of the 200-day EMA again

by on April 23, 2021 0

Gold markets first attempted to break above the 200-day EMA during Thursday’s trading session, but returned gains to show the 200-day EMA was rather resilient. If this is true then we could very well find this market moving up towards the 50 day EMA. It’s also worth noting that the $ 1,800 level is...

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Forex NZD / USD Technical Analysis – Strengthens above 0.7204, weakens below 0.7145

by on April 21, 2021 0

The New Zealand dollar is trading slightly higher on Wednesday after posting a potentially bearish closing price reversal high from the previous session. Concerns over rising coronavirus cases around the world have helped spike demand for the safe haven greenback, putting pressure on the commodity-linked kiwifruit. At 03:40 GMT, the NZD / USD is...

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Weekly the Forex market Forecasts

by on April 18, 2021 0

Get started the week of April 19, 2021 with our the Forex market forecasts interested in primary foreign money pairs right here. Exposure The yen is a well-liked asset all the way through occasions of turbulence. GBP / JPY The British pound to start with fell all the way through the week to dip...

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Proceed to check fresh lows

by on March 30, 2021 0

The euro declined somewhat all over Monday’s buying and selling consultation as we proceed to look america greenback reinforce general. With that being the case, I believe if we fall underneath the lows of the previous 3 days, this pair is almost definitely taking place moderately considerably, in all probability hitting the 1.16 degree....

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USD Recovers Towards Loonie Due to Upper Yields

by on February 26, 2021 0

The form of the candlestick merits particular consideration as this can be a very sturdy reversal. Exposure The United States buck first dipped underneath the CAD 1.25 degree all over Thursday’s buying and selling consultation as oil surged once more. On the other hand, we noticed the marketplace flip again to the 1.26 degree,...

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The S&P 500 breaks down the trendline

by on February 26, 2021 0

This can be a marketplace that I consider with enough time will proceed to upward thrust, so I’m searching for a price beneath. Exposure The S&P 500 deteriorated considerably in Thursday’s buying and selling consultation to crash into the uptrend line and naturally the 50-day EMA.. The 3800 degree beneath could also be a...

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AUD hits main stage sooner than falling again

by on February 26, 2021 0

We’re nonetheless in an enormous effort to get into commodities, and due to this fact the Australian greenback can be one of the most giant winners. Exposure The Aussie greenback first attempted to rally in Thursday’s buying and selling consultation to the touch the 0.80 stage, which after all is a huge, spherical and...

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