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EURUSD: Bullish, Looks To Recover Further Higher

EURUSD: The pair faces further recovery higher having closed higher the past week. On the upside, resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at the 1.1750 level where a violation

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How To Empower Your Trading Through Emotional Management

Emotional management is crucial to the ability to focus on what matters most in the trade. For instance, planning, stringent rule following and keeping commitments are some emotional management skills you’ll want to hone. There are those who would say that you should trade like a robot, meaning without emotions.  They contend that, if you can do this you would be able to

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USDCHF: Weakens, Sees Further Downside Pressure

USDCHF: The pair continues to look vulnerable as it saw more weakness on Thursday. On the downside, support lies at the 0.9800 level. A turn below here will open the door for more weakness towards the 0.9750 level and then the 0.9700 level. On the upside, resistance resides at the 0.9850 level where a break will clear the way for more strength to

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EURUSD Builds Up On Bull Pressure

EURUSD: The pair faces further recovery higher in the days ahead as it saw more bull pressure on Wednesday. On the upside, resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at

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EURUSD: Risk Remains Higher On Correction

EURUSD: The pair faces recovery higher leaving risk higher. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1.1800 level where a break will expose the 1.1850 level. Conversely, support lies at the 1.1600 level where a violation will aim at the

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USDCHF: Remains Vulnerable On Pullbacks

USDCHF: The pair looks to weaken further as it closed lower the past week. On the downside, support lies at the 0.9850 level. A turn below here will open the door for more weakness towards the 0.9800 level and then the 0.9750 level. On the upside, resistance resides at the 0.9950 level where a break will clear the way for more strength to

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How The Laws Of Physics Applies To Trading

In the Seventeenth century, English physicist and mathematician Sir Isaac Newton concluded that, ‘An object at rest stays at rest and an object in motion stays in motion with the same speed and in the same direction unless acted upon by an outside force.’ Objects tend to keep on doing what they’re doing. This also leads to the fact that it is the

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