"GBP/CHF From 1.5183, if price remains above 1.5181, target becomes 1.5250. Below 1.5181, target becomes 1.5118. Point 1.5181 is vital point to determine longs or shorts. If 1.5181 holds and price heads higher, a rough patch exists at 1.5212,…"
"EUR/AUD From current 1.4438, EUR/AUD is approaching important levels. Next above levels 1.4467, 1.4489 and 1.4510. Point at 1.4510 is a big level so break higher represents deeper correction to 1.4577, 1.4650 and the end of the line at 1.4720. What…"
The outlook of Germany's business executives unexpectedly revived after six straight months of decline encouraged by the return of economic growth and the European Central Bank's new focus on stimulus.The Ifo Institute's business climate index rose to 104.7 in November from 103.2 in October for the first gain since April. Analysts in the Bloomberg survey had predicted a slight drop to 103.0.Germany's economy had contracted 0.1 percent in the second quarter exciting fears that Europe’s largest…See More
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