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EURUSD: Broader Bias Remains Higher But With Caution

EURUSD: With the pair still holds on to its broader uptrend despite lower close the past week. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1.2100 level where a break will expose the 1.2150 level. Conversely, support lies at the 1.1800 level where a

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How Withstanding The Tough Times Can Make You A Successful Trader

Actually, most endeavors that are of value involve tasks that are not in and of themselves enjoyable. But they must be done regardless if you want to be good at it. Trading is no different. Measuring and documenting your trading is absolutely critical to becoming successful. But, this article is not about documenting; it’s about being persistent in doing those things that despite

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USDCHF Remains Vulnerable, Faces Further Downside Pressure

USDCHF: With the pair following through lower on the back of Thursday losses on Friday, more decline is envisaged as enter a new week. On the downside, support lies at the 0.9550 level. A turn below here will open the door for more weakness towards the 0.9500 level and then the 0.9450 level. On the upside, resistance resides at the 0.9650 level where

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EURUSD Backs Off Lower Prices, Eyes Further Upside Pressure

EURUSD: With the pair halting its weakness to close higher on Thursday, a move further higher is envisaged. Resistance comes in at 1.2000 level with a cut through here opening the door for more upside towards the 1.2050 level. Further up, resistance lies at the 1.2100 level where a break will expose the 1.2150 level. Conversely, support lies at the 1.1900 level where

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EURGBP: Tumbles, Continues To Retain Its Downside Pressure

EURGBP- The cross continues to hold on to its downside pressure selling off on Thursday and opening the door for more weakness. Support lies at the 0.8850 level where a violation will turn focus to the 0.8800 level. A break will expose the 0.8850 level. Resistance resides at the 0.8900 level where a violation if seen will turn risk towards the 0.8950 level.

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How To Manage Your Family And Trading Relationships

A young woman engaged me in conversation about a challenge she was having with her boss. She shared that she felt that her boss was treating her somewhat like a child and that it was creating some difficulties for her in maintaining focus on her duties. In many ways this is very similar to what happens when traders have relationship difficulties with their

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CRUDE OIL Targets Further Upside Pressure Towards 49.39 Zone

CRUDE OIL: The commodity is building up on its Tuesday gains as it eyes it key resistance residing at 49.39 zone. On the downside, support resides at the 48.00 level where a break will expose the 47.50 level. A cut through here will set the stage for a run at the 47.00 level. Further down, support resides at the 46.50 level. On the

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5 Ways You Can Become Consistent In Your Forex Trading

While forex trading can be tough and challenging, below are 5 ways you can learn how to improve your trading. 1 – Discipline Discipline is without doubt the foundation of everything, not just in trading but in life as well. A person lacking discipline will always struggle to achieve their goals no matter what they are and will be stumped time and time

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