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GOLD, Weekly Forecast, May 23 - 27: Break Up of 1260 will Open Uptrend Target on 1294 Main scenario: The pair is trading along an sideways trend between support 1246 and resistance 1260, where break up of 1260 will open target for uptrend on resistance level 1277 and 1294...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 13:00 #gold
GBP/USD, Weekly Forecast, May 23 - 27: Break Up of 1.4530 Open Uptrend Target on 1.4670 and 1.4815 Main scenario: The pair is trading along an sideways trend between support 1.4480 and resistance 1.4530, where break up of 1.4530 will open uptrend target on resistance 1.4670 and then on 1.4815...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:57
GBP/USD Capped at 1.4663? – UOB The research team at UOB Group believes GBP/USD has carved an interim top at 1.4663 in the next weeks. Key Quotes “The sharp drop last Friday was unexpected and the 1.4488 low was just a few pips above our 1.4485 stop-loss”. “Unless GBP can move and stay above 1...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:54
EUR/USD, Weekly Forecast, May 23 - 27: Break Up of 1.1260 Open Uptrend Target on 1.1460 Main scenario: The pair is trading along an sideways trend between support 1.1215 and resistance 1.1260, where break down of 1.1215 will open downtrend target on 1.1150 and then to 1.1050...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:50
Daily Recommendations on Major - USD/JPY DAILY MARKET OUTLOOK Update Time: 23 May 2016 09:38 GMT USD/JPY - 109.50 Dollar's intra-day decline in Asian and European morning due to broad-based buying of yen following warnings by U.S...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:44
Forex News Trading Strategy For The Week 23rd - 27th May The week begins quietly with important releases starting on Wednesday...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:39 #forex news
EU Referendum, One Month to Go - Investec Research Team at Investec, suggests that with only one month to go from today until the EU referendum, the UK press is dominated by the topic...
Market News
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Roberto Jacobs, 23 May 2016, 12:29
USD/CAD Testing 6-Week Highs Near 1.3160 The US dollar extends its upward trajectory against its Canadian counterpart for the fifth straight session this Monday, with USD/CAD now targeting 1.32 handle amid persistent weakness in oil prices. USD/CAD supported at 1...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:27
EUR/JPY Drops Below 123.00 to Lower End of Trading Range The EUR/JPY pair's downfall continues to gain momentum and has now dragged the pair back below 124.00 handle towards the lower end of its recent trading range...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:22
GBP/USD Turns Negative Near 1.4500, Brexit Concerns Weigh The GBP/USD pair is seen reversing gains and reverts towards 1.45 handle as concerns over Brexit returned to markets and weighed down on the British pound. GBP/USD inches back towards 20-DMA at 1...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:18
EUR/USD Forecast: Ready to Break Lower The market started in slow motion this week, with a quiet Asian session keeping majors within familiar ranges, although the greenback edged modestly lower against most of its rivals...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:15
WTI Bouncing off $47.60, Supply Glut Weighs The barrel of West Texas Intermediate is looking to extend the rebound from earlier lows in the $47.70/65 band, currently trading closer to the $48.00 mark...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:10 #WTI
FxWirePro: US Oil Declines on Oversupply Concerns, Good to Sell on Rallies Pattern Formed – Shooting Star Major resistance- $49.35 (161.8% retracement of $46.79 and $42.90) US oil has declined after making a high of $49...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:08
FxWirePro: South African Rand Erases Previous Loss Against US Dollar, Down Side Limited USD/ZAR is currently trading around 15.5382 levels. It made intraday high at 15.6421 and low at 15.5203 levels...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 12:05
Chart:https://bi0l.blogspot.com/2016/05/eurusd-intraday-forecast-technical-side_23.html Calculated levels today: Support (S1 / S2 / S3 = 1,12024 / 1,11928 / 1,11771), resistance (R1 / R2 / R3 = 1.12434 / 1.12591 / 1.12591). Key level (1st from 1.12180 to 1.12177 in the late afternoon, 2nd from 1...
Analytics & Forecasts
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oleksandr bilokon, 23 May 2016, 11:47
Bulls in #USDJPY met serious resistance reaching the descending channel resistance line, which was relevant in the last two months. It is recommended to close long positions and stay out of the market. Find out more by checking out the Source Link...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 23 May 2016, 11:20 #Trading
Friday's statistics from Canada did not affect the technical balance in #USDCAD, leaving the bulls high chances to continue climbing. Trend indicators confirm the upward #trend. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 23 May 2016, 11:16 #Trading
Technical Analysis of Silver for May 23, 2016 Technical outlook and chart setups: Silver has just hit another low at $16.29 levels, and should find support around $16.00 levels going forward. Please also note that fibonacci 0.618 support level of rally between $14.80 and $18...
Technical Analysis of Gold for May 23, 2016 Technical outlook and chart setups: Gold is seen to be trading at $1,252.00/53.00 levels, testing its trend line support again. The metal seems to be looking to drop lower around $1,242.00 levels and complete its correction, before turning bullish again...
Technical Analysis of EUR/JPY for May 23, 2016 Technical outlook and chart setups: The EUR/JPY pair continues to drift in a range between 123.00 and 124.00 levels as depicted here. The pair is now seen to be trading at 123.00 levels, looking to break below the range support...