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EURUSD: Rallies On Trend Resumption

EURUSD: The pair resumed its medium term uptrend on Tuesday leaving additional risk on the upside. Resistance comes in at 1.1600 level with a cut through here opening the door for more upside towards the 1.1650 level. Further up, resistance lies at the 1.1700 level... read more

GOLD: Faces Further Recovery Higher

GOLD: With the commodity continuing to retrain its recovery, more gain is envisaged. On the downside, support comes in at the 1,210.00 level where a break will turn attention to the 1,200.00 level. Further down, a cut through here will open the door for a move lower... read more

USDJPY: Remains Bearish With Eyes On More Downside Pressure

USDJPY: The pair continues to retain its downside pressure on correction. On the downside, support comes in at the 113.00 level where a break if seen will aim at the 112.50 level. A cut through here will turn focus to the 112.00 level and possibly lower towards the... read more

How To Model Winning Trading Strategies

People with the same goals often think alike and usually have many similarities. William James once wrote: “… if you want a habit – act like you have it. The Central Nervous System can’t distinguish from real experiences and strongly imagined ones. Acting as if has... read more

GOLD: Bearish, Remains Weak And Vulnerable

GOLD: The commodity looks to weaken further in the new week. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level. Further down, a cut through here will open the door for a move lower towards the 1,180.00... read more

GOLD Recovers, Looks To Strengthen Further

GOLD: The commodity has halted its weakness and triggered a recovery higher as it lookd for more correction. On the downside, support comes in at the 1,215.00 level where a break will turn attention to the 1,210.00 level. Further down, a cut through here will open the... read more

GOLD: Bearish, Risk Remains Lower With Eyes On 1,236.02

GOLD: The commodity continues to face downside pressure leaving risk to the downside. 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... read more

CRUDE OIL: Builds Up On Bull Recovery

CRUDE OIL: The commodity continues to retain its upside pressure on correction. On the downside, support resides at the 43.00 level where a break will expose the 42.50 level. A cut through here will set the stage for a run at the 42.00 level. Further down, support... read more

GOLD: Outlook Remains Higher On Corrective Recovery

GOLD: The commodity continues to face upside pressure as it closed on a rejection candle the past week. On the downside, support comes in at the 1,250.00 level where a break will turn attention to the 1,240.00 level. Further down, a cut through here will open the door... read more

GOLD: Bearish, Targets Further Weakness.

GOLD: The commodity continues to face downside pressure on bearishness. On the downside, support comes in at the 1,240.00 level where a break will turn attention to the 1,230.00 level. Further down, a cut through here will open the door for a move lower towards the... read more
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