November 24, 2022
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Technical Analysis

Gold forecast: noisy behavior ahead

by on July 23, 2021 0

If you are a short term trader, you can look at the gray box on the chart as a potential trading range that you might be involved with. Publicity Is it time for YOU to trade gold?Don’t let fear prevent profits! Trade Gold Now! Gold markets fell significantly during Thursday’s trading session to reach...

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Risk aversion in favor of the yen

by on July 20, 2021 0

Risk aversion persists as an increase in coronavirus infections in many countries has raised concerns about slowing global economic growth. It was a powerful catalyst for the US dollar to complete its significant gains against the rest of the other major currencies. The Japanese yen is also one of the most important safe havens....

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EUR / USD slowly falling | Forex action

by on July 19, 2021 0

At the start of another week in July, the major currency pair falls amid market participants’ sympathies towards the US dollar. EUR / USD is trading at 1.1810. The ‘greenback’ got significant support from the latest US retail sales report, which showed 0.6% m / m in June after rising -1.7% m / m...

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Removes from familiar level

by on July 16, 2021 0

The German index fell during Thursday’s trading session as the 15,800 level continues to be a major problem for the DAX. That being said, you could argue a bit for an ascending triangle, and furthermore, you can see that we have been in an uptrend for quite some time. Too, you can see that...

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What does central bank divergence mean for FX?

by on July 9, 2021 0

There has been a massive change in the world of central banking lately. Some have taken small steps towards getting out of cheap money and ultimately raising interest rates, but others have not. We appear to be entering a period when economies that raise their rates may see their currencies appreciate against those that...

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Weak reverse C&H pattern signals

by on July 5, 2021 0

The pair will likely resume the downtrend since this setup is usually a sign of a bearish continuation. Bearish view Sell ​​the AUD / USD and add a profit taking at 0.7460. Add a stop-loss at 0.7580. Lead time: 1-2 days. Bullish view Set a buy stop at 0.7530 and a take-profit at 0.7600....

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Dogecoin (DOGE) cannot hold the line at $ 0.25

by on July 2, 2021 0

Dogecoin DOGE (-0.77%) fell below $ 0.25 before July 4the holiday weekend. From a technical standpoint, this is an extremely bearish event. On the fundamental side of things, it’s a mixed picture as DOGE’s near-term fundamentals are cloudy at best. As of press time, two stories against Dogecoin are making headlines. Here’s a quick...

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Lots of moving coins for GBP / USD

by on July 1, 2021 0

The UK and US have a lot to do these days which makes it even more difficult to determine the direction of the GBP / USD: Resurgence of the coronavirus The markets seem to be worried. Not only has the UK seen the number of new cases reach their highest levels since late January,...

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The index goes back to the large handle

by on June 16, 2021 0

The market is expected to continue on the general trend, which has been on the rise for some time. Publicity The current volatility creates great opportunities for stock trading – don’t miss them! The NASDAQ 100 fell slightly during Tuesday’s trading session to show signs of exhaustion. Ultimately, I suspect that the most important...

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ASX200 takes off on QE3 outlook after RBA minutes

by on June 15, 2021 0

While acknowledging that “the economic recovery in Australia has been stronger than expected”, the minutes reaffirmed that the Council will not raise rates until real inflation is lasting between 2 and 3% of the year. target rate and that its employment objectives will not be met. Conditions unlikely to be met before 2024 at...

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Fall ahead of Fed and Aussie data

by on June 14, 2021 0

The pair will likely continue to move lower as bears target the next key support at 0.7650. Bearish view Sell ​​the AUD / USD and establish a profit taking at 0.7650. Add a stop-loss at 0.7600. Lead time: 1-2 days. Bullish view Set a buy stop at 0.7720 and a take profit at 0.7770....

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EUR / GBP Price Analysis: Slides To One-Week Low, Eyeing Descending Triangle Support

by on June 11, 2021 0

EUR / GBP worsened losses overnight and remained depressed for the second day in a row. Weakness below 0.8560 horizontal support will confirm a descending triangle breakdown. Only a sustained move beyond the 0.8640-45 region will negate the short-term bearish outlook. The EUR / GBP cross extended the previous day’s rejection decline of short-term...

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GBP / USD technical analysis: sales increase

by on June 10, 2021 0

It has often been noted that sterling’s gains could be subject to evaporation if current fears about the future of ending plans to reopen the UK economy persist. This is in the midst of the emergence of variable strains of the COVID-19 outbreak, negatively affecting the UK vaccination route, compared to other global economies....

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Four Week Gold Snaps Rally – XAU / USD Levels

by on June 4, 2021 0

Gold Price Technical Outlook: XAU / USD Weekly Trade Levels Gold price snapped a four-week winning steak in June open trade with XAU / USD down more than 0.8% after reversing a key technical confluence area. While the broader outlook remains tilted upward, progress may still be vulnerable in the short term while remaining...

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While waiting for US economic data

by on June 3, 2021 0

For the second day in a row, the USD / JPY currency pair is attempting to break through the psychological resistance level of 110.00 to get out of the downward quagmire. This strongly and directly affects the performance of the dollar against the rest of the other major currencies. Ahead of its announcement, partly...

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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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