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Greek Debt Crisis

Trading Signals for AUD Pairs (August 18 – September 10, 2015)

19 Aug 2015 @ 08:51
AUDJPY = Sell AUDUSD = Sell EURAUD = Buy AUDCAD = Sell AUDCHF = Sell GBPAUD = Buy AUDNZD = Sell NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]
 

Daily analysis of major pairs for August 17, 2015

17 Aug 2015 @ 07:45
The bullish effort on the Cable has led to a bullish signal on it. However, there is one obstacle to be surmounted – the distribution territory at 1.5650. This distribution territory has adamantly rejected sincere bullish efforts for the past several weeks, and the price needs to close above it if the current bullish signal […]
 

Weekly Trading Forecasts on Major Pairs (August 17 - 21, 2015)

16 Aug 2015 @ 17:49
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair rose by 150 pips last week, rising from the support line at 1.0950 and reaching the resistance line at 1.1200. Price has really met a challenge at the resistance line at 1.1200, but it would need to go above the resistance line […]
 

Daily analysis of major pairs for August 10, 2015

10 Aug 2015 @ 08:24
The GBP/USD went bearish last week, breaking southward out of the recent equilibrium phase. The price tested the accumulation territory at 1.5450 and later bounced upward from there. The bias on the market is bearish and it is possible that the accumulation territory would be tested again; it may even be breached to the downside. […]
 

Weekly Trading Forecasts on Major Pairs (August 10 - 14, 2015)

08 Aug 2015 @ 19:13
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD is now a volatile pair, characterized by serious struggles between bear and bull in the context of a downtrend. The support line at 1.0850 was tested last week, but price could not break it to the downside. For the downtrend trend to continue […]
 

Daily analysis of major pairs for August 3, 2015

03 Aug 2015 @ 09:22
The EUR/JPY was characterized by high volatility last week, swinging higher and lower in the context of an uptrend. The supply zones at 137.50 and 138.00 could be tested this week, though there are also demand zones at 135.50 and 135.00. A movement below the demand zones could result in a bearish bias. EUR/USD: There […]
 

Weekly Trading Forecasts on Major Pairs (August 3 - 7, 2015)

02 Aug 2015 @ 08:05
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair experienced a great deal of volatility last week. Price went up on Monday, and then dropped seriously from Tuesday to Thursday. On Friday, price spiked upwards and immediately following that, got corrected to the downside. The high volatility and short-term swings in […]
 

Daily analysis of major pairs for July 27, 2015

27 Jul 2015 @ 08:01
What is happening on the USD/JPY signifies a serious battle between bulls and bears. Although the recent bullish bias in the market remains intact, it is wise to stay away from this pair until there is a clean directional bias in the market. This clean directional bias should be seen this week. EUR/USD: EUR/USD rose […]
 

Weekly Trading Forecasts on Major Pairs (July 27 - 31, 2015)

25 Jul 2015 @ 19:26
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Although the dominant bias is bearish, this pair made some commendable bullish attempts last week. Price moved upwards by almost 200 pips, testing the resistance line at 1.1000. That resistance line is an important price area, since it must be broken to the upside […]
 

Daily analysis of major pairs for July 20, 2015

20 Jul 2015 @ 09:17
EUR/USD: The EUR/USD dropped by 280 pips last week, closing below the resistance line at 1.0850. The next targets for the bears are located around the support lines at 1.0800 and 1.0750. The recalcitrant resistance lines at 1.0950 and 1.0900 were successfully broken by the bears and thus, they might resist any rally attempts this […]
 
 
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