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On Wednesday the Aussie slipped against a broadly stronger greenback, while the kiwi was higher boosted by positive data from New Zealand...
H4 price is on bullish market condition with the secondary correction to be started: the price was stopped by 1.5675 support level located near Senkou Span line which is the virtual border between the primary bullish and the primary bearish on the chart. If the price crosses this 1...
From yesterday's analysis, I got 50 pips profit. I am trying to get positive result from today's analysis also. EURUSD still now uptrend as per weekly chart. Daily chart is showing down trend for a while. So, I will take a chance for a short trade today. I am waiting for 1...
W1 price crossed yearly Central Pivot at 17.41 from above to below in May this year: the price is on bearish market condition with 14.35 intermediate support level located between Yearly PP at 17.41 and S1 Pivot at 12.66. If the price breaks Yearly PP at 17...
GOLD: The commodity’s outlook remains lower after extending its corrective weakness on Tuesday. On the downside, support comes in at the 1,130.00 level where a break will aim at the 1,110.00 level. A cut through here will open the door for move lower towards the 1,100.00 level...
MN1 price is located above 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish with ranging between 23.6% Fibo support level at 177.10 and Fibo resistance level at 195.87: If the price will break 23.6% Fibo support level at 177...
In August 2014 I wrote an article about India and its rising Index, then I published it at several social network. Here is the same chart with the same setup as it was one year ago. I used: -Renko Chart with 200 point box size. - Logarithmic Scale. -Ichimoku Cloud Indicator as a trend filter...
D1 price is on primary bearish market condition located below 200 day SMA (200-SMA) and below 100 day SMA (100-SMA): the price is located near and below 100-SMA at 1170.11 resistance; the price is located below 200-SMA at 1188...
I see a remote possibility of retracement to a price level 1160. Hence entered a BUY order of 0.2 lot size to safeguard the equity. If the price continues down, obviously there will be a small loss, but the prices retracing to 1160 poses more risk than the small loss in the price going down...
“An avalanche starts with a single snowflake that lands in just such a way as to disturb others, start a slide that gathers momentum, turns into a chute, and causes the entire snowpack to collapse,” James Rickards, bestselling author of "Currency Wars" and "The Death of Money", said in his latest...
Gold prices are solidly lower and near their daily lows in late-morning trading Tuesday, reports Kitco News...
“We expect gold/silver to remain weak over the balance of the year driven by our expectation of the Federal Open Market Committee hiking rates in September despite recent action by China to weaken the yuan,” RBC said in their recent report...
Crude oil futures extended gains on Tuesday, after Beijing cut interest rates in an attempt to boost economic growth and halt a stock market rout...
A downward correction is likely to continue. On the 4-hour chart, the price declined below the level of 138.00 (23.6% correction) and tested 23.6% arc for the short-term trend. If the price breaks it down, a further fall to 137.44 (38.2% correction) and 136.80 (50.0% correction) should follow...
GBPJPY: GBPJPY may have turned sharply lower on Monday but it now sees a reversal of that weakness with eyes on the 192.25 level. This present recovery is driven by its failure to follow through lower on the back of its Monday losses. On the downside, support comes in at the 189...
Daily price broke Ichimoku cloud from above to below together with key support levels: the price crossed 1963.97 support level from above to below for the breakdown to be continuing. The nearest strong key support levels are 1727.90 and 200-SMA value at 1671.73. If price breaks 1671...
The dollar, global stocks, oil and core bond yields - all rose Tuesday after China’s central bank cut interest rates in a bid to bolster economic growth after a plunge in the country’s stock market...
It was not a 1987 "Black Monday" yesterday, but it was definitely logged in record books. The U.S. media is putting the blame on China. However, CEO of Euro Pacific Capital Peter Schiff sticks to another opinion...