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GOLD Remains Weak And Vulnerable To The Downside

GOLD remains weak and vulnerable to the downside as it looks for more weakness. On the downside, support comes in at the 1,230.00 level where a break will turn attention to the 1,220.00 level. Further down, a cut through here will open the door for a move lower towards the 1,210.00 level. Below here if seen could trigger further downside pressure targeting the

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EURUSD Broader Bias Remains Lower

EURUSD remains biased to the downside on further corrective pullback. Support lies at the 1.1250 where a violation will aim at the 1.1200 level. A break below here will aim at the 1.1150 level. Further down, support lies at the 1.1100. On the upside, resistance resides at 1.1350 level with a break through there opening the door for further upside towards the 1.1400

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USDCHF Remains Offensive On Bull Pressure

USDCHF Remains Offensive On Bull Pressure USDCHF remains on offensive on bull pressure with eyes on key resistance at 1.0007 level. Resistance resides at the 1.0050 level. A break will clear the way for more gain towards the 1.0100 level. Above here, resistance comes in at the 1.0150 level and then the 1.0200 level. Its daily RSI is bullish and pointing higher suggesting

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Why Trading Exit Is As Important As The Entry

In trading and investing, most of the focus is placed on entering trades with very little regard as to when to exit or close these trades. How can I say this with certainty? Is it not a fact that most investors make money in bull markets and then give back the majority of their gains in the ensuing bear cycles that follow? Do

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USDJPY Bull Pressure Builds Up On 113.81 Resistance Zone

USDJPY bull pressure builds up on 113.81 resistance zone and now leaves risk of a move towards the 113.81. On the upside, resistance comes in at 114.00 level. Above here will turn attention to the 114.50 level. Further out, we expect a possible move towards the 115.00 level if the earlier resistance is taken out. Above here will open the door for more

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NZDUSD Extends Bearish Pressure On Price Sell Off

NZDUSD extends bearish pressure on price sell off with more decline expected towards 0.6800 support. Further down, support stands at the 0.6750 level. Further down, the 0.6700 level comes in as the next downside target. Its daily RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance resides at the 0.6850 level where a break will turn attention to the

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USDCAD Broader Bias Remains Upside On Further Bullishness

USDCAD broader bias remains higher on further bullishness. Support comes in at the 1.3350 level where a break will aim at the 1.3300 level. Further down, support comes in at the 1.3250 level where a turn lower may occur. But if further weakness is triggered support comes in at the 1.3200 level. Conversely, resistance lies at the 1.3450 level where a violation will target

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CRUDE OIL Targets More Decline In The Short Term

CRUDE OIL targets more decline in the short term leaving 50.07 as the next price key target. Support lies at the 49.50 level where a break will expose the 49.00 level. A cut through here will set the stage for a run at the 48.50 level. Further down, support comes in at the 48.00 level. On the upside, resistance resides at the 52.50

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