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GBPUSD Elliott Wave Analysis: Impulse In Progress

GBPUSD moved even lower in this week, now beneath 1.6600 that can represent final stages of wave (v) in 3 that may seek for a support around 1.6500/1.6550. We still believe that rather sooner than later pound will turn up into a corrective rally. We will be tracking wave 4 then that can even move up back to 1.6680 before downtrend resumes. That kind of pullback in three legs would be a good one to join the trend.

GBPUSD 4h Elliott Wave Analysis…

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Added by Gregor Horvat on August 22, 2014 at 8:21am — No Comments

GOLD Daily Forecast 22 AUG 2014

Added by Naveed Anjum on August 22, 2014 at 7:47am — No Comments

EURUSD Swing Setup FootPrints

Since May 5 2014 Eurusd dropped 814 pips from its Fresh supply, and i posted the chart for that long term analysis, my target was 1.3400 for that swing setup, but as we know we are still holding up trendline on monthly, and sitting at weekly Fresh demand zone. So this is another good buy opportunity on the way. This is my analysis for public, it might help you guys little. The chart setup is not a guaranteed profit taking setup, they are just odds for next swing high. chart is…

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Added by Saud Shah on August 22, 2014 at 12:04am — 1 Comment

GBPUSD Daily Forecast Aug 21 2014

Outlook in GBPUSD remains on the downside as long as resistance 1.6610 holds on a daily closing basis , next support comes at the 16550 levels , losing this level will open 1.6450 levels , a halt is likely , but further losses will aim the 1.6250 levels…

On the upside , resistance comes at the 1.6610 levels , break of the 1.6610 levels on a daily basis will turn outlook neutral towards the 1.6678/1.6738 levels before the next fall….

In all , as long as resistance 1.6610 holds…

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Added by Haitham653 on August 21, 2014 at 9:06am — No Comments

EURUSD Daily Forecast Aug 21 2014

Outlook in EURUSD remains on the downside as long as resistance 1.3312 holds on a daily closing basis, next support comes at the 1.3206 levels , a halt is likely , but sustained trading below this level will pave the way towards the 1.3150 levels ahead of the 1.3070 levels , further losses will aim the 1.3000 levels …

On the upside , resistance comes at the 1.3312 levels , sustained trading – daily closing – above the 1.3312 levels will turn outlook neutral for retesting the 1.3363…

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Added by Haitham653 on August 21, 2014 at 9:04am — No Comments

GBPUSD Elliott Wave Analysis: Impulsive Bearish

GBPUSD moved even lower in this week, now beneath 1.6600 that can represent final stages of wave (v) in 3 that may seek for a support around 1.6500/1.6550. We still believe that rather sooner than later pound will turn up into a corrective rally. We will be tracking wave 4 then that can even move up back to 1.6680 before downtrend resumes. That kind of pullback in three legs would be a good one to join the trend.

GBPUSD 4h Elliott Wave Analysis…

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Added by Gregor Horvat on August 21, 2014 at 8:00am — No Comments

Boursajee Indices Outlook



FTSE-100 CFD:Already (SHORT) sold the index from 6695 & from 6754 (AV 6724)with TSL 6824 & TP on 6694. 

DAX 30 CFD: previous order closed with profit of 83 pips, sell the index from 9388 with TSL 9490 & TP 9254. 

SPX500: CFD: Already (SHORT) sold (AV 1956), add 1994 with TSL 2032 & TP on 1945. 

NSDQ100 CFD: Already (SHORT) sold the index (AV 3966), add 4070 with TSL 4096 & TP on 3948. 

DJ30 :…

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Added by Pierre Chahine on August 21, 2014 at 3:10am — No Comments

Boursajee Commodities Outlook


Gold: Already (LONG) bought the precious metal from 1298, add 1282 with TSL 1272 & TP 1342. 
Silver: Already (LONG) bought the good from 19:58 with TSL 18:58 & TP open. 
Oil: sell the black liquid from from 94:34 with TSL 95:89 & TP on 91:60 THEN/OR buy it form 91:60 with TSL 90:40 & TP 95:80.

Added by Pierre Chahine on August 21, 2014 at 3:12am — No Comments

Boursajee Currencies Outlook



EUR/USD: Already (LONG) bought the pair from 133:42, add 13248 with TSL 131:88 & TP is on 133:48 & 134:75. 

GBP/USD: Already (LONG) bought the pair from 166:95, add 165:85 with TSL 165:45 & TP on 166:95 & 168:88. 

USDJPY: Already (SHORT) sold the pair from 102:88 & from 103:40 ( AV 103:14)with TSL 104:22 & TP on 101: 80 EUR/JPY: Already ( LONG) bought the pair from 136:34 with TSL 136:94 & TP 138:20.&…

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Added by Pierre Chahine on August 21, 2014 at 3:13am — No Comments

EUR/USD Daily Key Levels

Hi Friends,

This analysis is about the intraday key support/resistance levels for EUR/USD . These levels are identified as per technical outlook and the discerned movement till date that includes the fundamental analysis also. These levels therefore give you a high probability case for price to bounce/pull back (by 5-20 pips) when it reaches these levels for the first time in the day. So follow these levels and make better trade set ups!

Wednesday's high 1.3323,…

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Added by Nili on August 21, 2014 at 4:31am — No Comments

FOREX forecast 21.08.2014

EUR has lost almost 200 pips since Monday and the pair despreately needs a correction but still there are no any signs of a possible correction. EUR is in a free fall state, after bad data from the EU and Germany, and better news from the US. Dollar is stronger than ever but i wonder if this is a temporary strength or the start of continuous EUR weakness. The pair needs a correction at least to 1.3330-50, and maybe more next week. But first we need to deal with the 1.3290-1.3310 resistance…

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Added by Vladimir Mihaylov on August 21, 2014 at 4:58am — 1 Comment

GBPUSD Daily Forecast Aug 20 2014

The GBPUSD continued its bearish momentum yesterday , printed resistance at the 1.6737 levels .This development leaves the pair targeting the 1.6450  levels , a halt is likely , but losing this level would open 1.6250 next , further downside will aim the 1.6000 levels…

On the upside , resistance comes at the 1.6656 levels ahead of the 1.6737  levels , break of the 1.6737  levels on a daily basis will turn outlook neutral towards the 1.6838 levels ahead of the 1.6888 levels……

In…

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Added by Haitham653 on August 20, 2014 at 9:58am — No Comments

EURUSD Daily Forecast Aug 20 2014

The EURUSD continued its bearish momentum yesterday , printed resistance at the 1.3363 levels .This development leaves the pair targeting the 1.3205 levels , a halt is likely , but losing this level would open 1.3070 next , further downside will aim the 1.2920 levels…

On the upside , resistance comes at the 1.3363 levels ahead of the 1.3432 levels , break of the 1.3433 levels on a daily basis will turn outlook bullish and extend gains towards the 1.3530 levels ahead of the 1.3627…

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Added by Haitham653 on August 20, 2014 at 9:56am — No Comments

EURUSD broke August lows & support at 1.3345/35 as expected in this 3 month bear trend & targets 1.3295 today.

The bear tend has resumed after a consolidation period & could continue lower this week to hit 1.3250/40. We will start to look oversold at this stage. Exit shorts & try longs with a very good chance of a low for the week. This is an important so we need wider stops, in this case below 1.3210.

Immediate resistance at 1.3335/40 could hold a move higher but above here a selling opportunity at 1.3365/75. Exit longs & try shorts with stops above 1.3390.…

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Added by Jason Sen on August 20, 2014 at 9:04am — No Comments

USDJPY has now beaten 7 month trend line resistance at 102.70/75 as we look to target July/August highs at 103.02/08.

Overbought short term so we should struggle here but yesterday's breakout was a very bullish signal. We could therefore continue higher this week & reach for 103.35/40. Any further gains may go as far as 103.71/78.

Immediate support & a buying opportunity at 102.70/75. However an unexpected break lower meets very strong support at 102.50/44. Exit shorts & try longs with little chance of further losses today, but with stops below 102.30.…

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Added by Jason Sen on August 20, 2014 at 9:05am — No Comments

GBPUSD has hit the 23.6% retracement level of 1.6630 from the whole 1 year rally from a low of 1.4812 in July 2013.

This therefore is enormously important support & the best chance bulls have to mount a defense after 7 consecutive weeks of losses. It is worth trying medium term longs here with the risk vs reward heavily in our favour. We need wider stops than usual below 1.6600. Just be aware that the 'stop hunters' could try to push the pair lower today forcing out weak longs, before squeezing prices higher. However a break lower would trigger a lot of stops in the market & target…

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Added by Jason Sen on August 20, 2014 at 9:05am — No Comments

AUDUSD had one last test of 100 day moving average resistance at 9335 spiking to 9345 before pulling back sharply.

We forecast the 6 week bear trend was likely to resume & it looks like the failure yesterday has signaled bears are back in control as expected. Immediate support at 9290 is holding so far but the pair should continue lower this week to 9280/75 & possibly 9260/55. Below here look for a retest of August lows at 9240/30.

Immediate resistance at 9303/07 then 9320 could hold a move higher. Although unlikely a retest of the 9335/45 area would offer another selling opportunity, with…

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Added by Jason Sen on August 20, 2014 at 9:00am — No Comments

FX Light - Fed Minutes & Cable Oversold

20th August 2014. The major event risk today will be the release of the minutes of the last Fed meeting and I would expect some EURUSD volatility there. Also it is worth noting the significant drop in GBPUSD both yesterday and over the past number of days perhaps now setting us up for a long scalping or…

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Added by Gary on August 20, 2014 at 6:30am — No Comments

GOLD Daily Forecast 20 AUG 2014

Added by Naveed Anjum on August 20, 2014 at 6:02am — 1 Comment

EUR/USD Daily Key Levels

Hi Friends,

This analysis is about the intraday key support/resistance levels for EUR/USD . These levels are identified as per technical outlook and the discerned movement till date that includes the fundamental analysis also. These levels therefore give you a high probability case for price to bounce/pull back (by 5-20 pips) when it reaches these levels for the first time in the day. So follow these levels and make better trade set ups!

Tuesday's high 1.3363, low…

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Added by Nili on August 20, 2014 at 5:02am — No Comments

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