What is in store for EUR/GBP
EUR/GBP edged north on Monday, breaking above the resistance (now turned into support) barrier of 0.8952, marked by Friday’s high. The rate also broke briefly above the 0.8975 level, but …
Read MoreAuthor: gary
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Where is the AUD/CHF going
AUD/CHF traded higher during the Asian trading Friday, breaking above 0.6600, the upper bound of a sideways range that contained most of the price action since July 23rd. In our …
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Will Silver Set to Dive Back Below 26.00?
XAG/USD traded in a consolidative manner on Monday and during the European morning Tuesday, staying slightly above the 26.00 support zone, hit on Friday. Overall, although the white metal continues …
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Could NZD/CAD be Poised to Continue with the Downtrend?
NZD/CAD traded lower on Friday, after hitting resistance near the 0.8640 barrier. That said, today, the pair rebounded somewhat, even before hitting Thursday’s low of 0.8575. Overall, NZD/CAD continues to …
Read More NZD/JPY what is in store
NZD/JPY traded lower on Monday, after hitting resistance slightly below the 70.70 hurdle, which prevented the rate from drifting higher between July 6th and 13th. Overall, since July 2nd, the …
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Overview of trading
In order to be profitable in any form of investment, a trader needs to put every defining factor into perspective. Although the market is dynamic in its nature, it is …
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Is Gold on the move ?
XAU/USD traded higher on Tuesday, after breaking above the 1815 key resistance area (now turned into support) on Monday. What’s more, after briefly breaking below the upside support line drawn …
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