Outlook in EURUSD remains on the downside as long as 1.1315 resistance holds on a daily closing basis , stability below the 1.1315 levels could mean a return to the 1.1090 levels , a cut would open 1.0950 next , further down will target the…Continue
The USD down is moving slightly down but the question is for how long as we see several corrective price action across the FX charts. On EURUSD market made a three wave bounce as expected, about we talked about yesterday when called end of an…Continue
Gold prices ticked down in early Asian Session, placed low 1272 and traded below the daily pivot level 1285.As I mentioned in my earlier analysis that the yellow metal is strongly consolidated below the price level 1324 and need a strong…Continue
i saw a utube video of gu one time....works manytimes, has to do with the way the banks close across europe. watch the 3am est 1hr bar
go long 5pips above with a stop 10 pips below the low, target 50 pips
go short 5 pips below 3hr bar…
Sterling got a good support at 1.4975 on last friday and today's low so far is 1.4980. We have only 1 medium levelled data release today from UK.
As far as the pair remains below 1.5050 the outlook is bearish.
1. BBA Mortgage…
We are into the last week of the month of January so the market is expected to show the monthly trend reversal move which will be less volatile than yearly trend reversal time which we have seen till last week.
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