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GBPUSD: Loses Upside Momentum, Vulnerable

GBPUSD: Having the pair lost upside pressure to close lower on Thursday, more weakness is likely. On the downside, support lies at the 1.3150 level where a break will turn attention to the 1.3100 level. Further down, support lies at the 1.3050 level. Below here will set the stage for more weakness towards the 1.3000 level. Conversely, resistance stands at the 1.3250 levels

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USDCHF: Risk Continues To Point Higher On Correction

USDCHF: With the pair recovering strongly on Wednesday and retaining that bias, further bullishness is envisaged. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level. Its daily RSI is bearish and pointing lower supporting this view. On the upside, resistance resides at the

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How To Hold Your Trade Longer (And Make Huge Profits)

Does this sound familiar? You’re in a good high-probability long trade as born out by the Odds Enhancer calculations. The trade got filled and stalled for a moment before the price action began to drop. As it got close to the stop you thought, “It looks like it’s going to take me out, but that’s OK cause my stop is working.” Now, the

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How You Can Dispel Forex Trading Myths

After almost thirteen years of activity in the global financial markets, I still to this day believe that currency trading is by far one of the very best entry points into the world of trading for almost anyone who is interested. It is so versatile that it also lends itself to the more experienced investors and market speculators. This is a huge market

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GBPUSD Targets Further Upside Pressure On Recovery

GBPUSD: Having the pair halted its weakness to close higher on Monday, we should see more strength. On the downside, support lies at the 1.3100 level where a break will turn attention to the 1.3050 level. Further down, support lies at the 1.3000 level. Below here will set the stage for more weakness towards the 1.2950 level. Conversely, resistance stands at the 1.3200

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EURUSD Targets More Upside On Bull Pressure

EURUSD: Having rallied on a follow through higher the past week, further bullishness is likely. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1.1200 level. A break of here will target the 1.1150 level. Conversely, on the upside, resistance comes in at 1.1400 level with a cut through here

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Are You Afraid Of Success? (And Here Is How To Overcome It)

Most people are familiar with the fear of failure. In fact it’s one of Larry Wilson’s Four Fatal Fears that he listed in his book “Play to Win.” In it he describes that there are four fears fatal to your personal growth and achieving your individual goals. They are fatal not to your physical well being but to your ability to maintain a

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