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EURJPY Retains Downside Pressure With Eyes On 125.53 Zone

EURJPY retains downside pressure with eyes on 125.53 zone. Support comes in at the 125.50 level where a break if seen will aim at the 125.00 level. A cut through here will turn focus to the 124.50 level and possibly lower towards the 124.00 level. Its daily RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance resides at the

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USDCAD Faces More Bull Pressure Short Term

USDCAD faces more bull pressure short term as it looks to extend its strength. Support comes in at the 1.3250 level where a break will aim at the 1.3200 level. Further down, support comes in at the 1.3150 level where a turn lower may occur. But if further weakness is triggered support comes in at the 1.3100 level. Conversely, resistance lies at the

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GBPUSD Faces Price Weakness With Eyes On 1.3108 Support Zone

GBPUSD faces price weakness with eyes on 1.3108 support zone. This is coming on the back of a move lower the past week. Support stands at 1.3150 level. Further down, support comes in at the 1.3100 level where a break will turn focus to the 1.3050 level. Further down, support lies at the 1.3000 level. Below here will set the stage for more

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EURUSD Looks To Weaken Further Towards 1.1315/00 Zone

EURUSD looks to weaken further towards 1.1315/00 zone as it remains vulnerable. Support comes in at the 1.1300 where a violation will aim at the 1.1250 level. A break below here will target the 1.1200 level. Further down, support lies at the 1.1150. On the upside, resistance resides at 1.1400 level with a break through there opening the door for further upside towards

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USDCHF Backs Off Lower Prices With Eyes On 1.0024 Zone

USDCHF backs off lower prices with eyes on 1.0024 zone. Resistance stands at the 1.0050 level. A break of there will clear the way for a run at the 1.0100 level. Above here, resistance lies at the 1.0150 level and then the 1.0200 level. On the downside, support is seen at the 0.9950 level. A turn below here will set the stage for

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Having The Nerve To Win Will Improve Your Trading Results

As a huge sports fan, April is a great time of the year because two of my favorite sporting events happen during this month. First, the March Madness college basketball tournament finishes with the final four teams meeting for a chance at competing for the championship (and then of course the final game which is always a nail-biter). Secondly, the Masters golf tournament

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GOLD Remains Vulnerable With Eyes On Key Support At 1,302.00 Zone

GOLD remains vulnerable with eyes key support at 1,302.00 zone. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut through here will open the door for a move lower towards the 1,290.00 level. Below here if seen could trigger further downside pressure targeting the 1,280.00 level. Conversely, resistance

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USDCHF Risk Remains Lower Towards 0.9921 Support Zone

USDCHF risk remains lower towards 0.9921 support zone. Resistance comes in at the 1.0000 level. A break of here will clear the way for more gain towards the 1.0050 level. Above here, resistance lies at the 1.0100 level and then the 1.0150 level. On the downside, support is seen at the 0.9950 level. A turn below here will set the stage for more

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