EUR/USD Actual market levels, 1.1194, 1.1196, 1.1203, 1.1208, 1.1218, 1.1230, 1.1235, 1.1237, 1.1239 and 1.1315. Actual ranges: 1.1283 - 1.1178. Significance of 1.1315, nothing yet unless 1.1283 breaks. However, most important break…Continue
EURUSD: Risk Builds On 1.1096 Level
EURUSD: With EUR breaking down out of its consolidation range to close lower the past week, risk now builds on its key support located at 1.1096 level. We expect that level to give in for the pair resume…Continue
My apologies for drawing my trend lines the way that fits what I am thinking. But the variation if you draw them your way will not be too far from mine.
I am looking to go short on gold once it breaks below 1204.70. First target will be…Continue
In January gold opened at 1205, just above the Monthly MA100 which has pushed gold higher for $80, but in February gold lose $70 and that same MA100 must defend the price from the bigger fall. Gold close February at 1210 and still have $5…Continue
Our Preference: Sell positions below 1.1270 with stoploss of 1.1350 and target upto 1.1100 in extension
Alternative Scenario: Nill…Continue
EUR/USD closed the 8th month in a row in red! If we take a look at monthly graph, 1.00 could be target for the bears, but it want be easy to catch. 1.00 is for sure the strongest monthly support, the previous strong resistance from 2002.,…Continue
Irving Kahn, the Manhattan money manager whose astounding longevity enabled him to carry firsthand lessons from the Great Depression well into the 21st century, has died. He was 109.
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