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Daily analysis of major pairs for February 19, 2018

The USD/CHF consolidated on Monday, and then began to come down on Tuesday. Price has dropped 600 pips since January 10, and the support level at 0.9200 was tested before the current upwards bounce



Weekly Trading Forecasts for Major Pairs (February 19 – 23, 2018)

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish  

Last week, this pair ros



Daily analysis of major pairs for February 12, 2018

The EUR/USD had a strong bearish movement last week, which resulted in a bearish bias. Price dropped 240 pips, to close below the resistance line at 1.2250 on Friday. The outlook on EUR pairs is be



Weekly Trading Forecasts for Major Pairs (February 12 - 16, 2018)

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bearish

This pair is bearish in the sho



Technical Reviews for Gold and Silver (February 2018)

GOLD (XAUUSD)

Dominant Bias: Bearish  

Gold is bearish in the short-term, and bullish in the long-term. The second half of December 2017 was very bullish,



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Daily analysis of major pairs for February 5, 2018

The USD/JPY is bearish in the long-term, but bullish in the short-term. Since the demand level at 108.50 was tested last week, price has rallied by 180 pips, closing above the demand level at 110.0



 Why euro and pound are going up, except dollar

At the time of writing this article, Pound Sterling (GBP) is around N500. It even previously went as high as N504, and it could go towards that price level (even exceeding it).

 



Weekly Trading Forecasts for Major Pairs (February 5 - 9, 2018)

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

This pair did nothing significa



Weekly Trading Forecasts for Major Pairs (January 29 – February 2, 2018)

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

This week, EURUSD assumed one o



Tricks to winning the markets this year

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Daily analysis of major pairs for January 22, 2018

The EUR/USD consolidated throughout last week, neither going above the resistance line at 1.2300 (which was tested unsuccessfully), nor going below the support line at 1.2150. This week, there is g



Weekly Trading Forecasts for Major Pairs (January 22 - 26, 2018)

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

This pair consolidated througho



Daily analysis of major pairs for January 15, 2018

The USD/JPY dropped massively last week, shedding 220 pips and testing the demand level at 111.00, with the intent to breach it to the downside. There is a huge Bearish Confirmation Pattern in the



Daily analysis of major pairs for January 8, 2018

The EUR/JPY went upwards to test the supply zone at 136.50. Since December 15, 2017, price has gained over 400 pips; plus it would be somewhat difficult for a lasting bearish movement to occur in t



Weekly Trading Forecasts for Major Pairs (January 8 - 12, 2018)

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

The market essentially consolid



Technical Reviews for Gold and Silver (January 2018)

GOLD (XAUUSD)

Dominant Bias: Bullish  

Gold dropped massively in the first half of last month, reaching a low of 1236.21 on December 12, 2017. At that junc



Daily analysis of major pairs for January 2, 2018

The USD/JPY went sideways during last Monday and Tuesday, and then began to drop on Wednesday, until the market closed on Friday. There is a Bearish Confirmation Pattern in the 4-hour chart (though



Weekly Trading Forecasts for Major Pairs (January 1 – 5, 2018)

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

There is a Bullish Confirmation



Weekly Trading Forecasts for Major Pairs (December 25 - 29, 2017)

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

This pair is bullish in the sho



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