Tag Archives: FOREX

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Potential Forex Reversal Pattern on AUDCAD

Potential Forex Reversal Pattern on AUDCAD

AUDCAD seems to be done with its downtrend as a forex reversal pattern can be seen on its 4-hour forex chart. The pair failed in its recent attempts to break below the 0.9500 major psychological support and could test the neckline of the double bottom formation around the .9700 major psychological resistance. Stochastic is still

Forex Weekly Outlook Apr. 20-24

Majors, US Dollar Forecast | Written By Anat Dror | Created: Apr 17, 2015 14:29 GMT; Last Modified: Apr 17, 2015 14:32 GMT If you’re new here, you may want to subscribe to receive daily updates. Thanks for visiting! The US dollar had a rough week in which mostly weak economic data hit the greenback.
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GBPAUD Forex Market Correction

GBPAUD has recently broken below support at the 1.9350 minor psychological level and is making a forex market correction from the selloff. Price bounced off the 1.9000 major psychological support and is pulling up to the retracement levels on the 1-hour chart. Resistance at the 50% Fibonacci retracement level seems to have held and price
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Weekly Forex Forecast – GBPAUD, GBPUSD, AUDUSD, EURGBP and NZDCAD (April 13 – 17)

Want more price action setups? Join our Exclusive Member’s Community GBPAUD had its largest one-week loss last week since the beginning of the year. The decline commenced as the pair found selling pressure at trend line resistance from February 12th. In fact this level has now acted as resistance on four separate occasions since its inception. But the bears aren’t home free

Forex Weekly Outlook Apr. 13-17

Majors, US Dollar Forecast | Written By Yohay Elam | Created: Apr 10, 2015 14:15 GMT; Last Modified: Apr 10, 2015 12:45 GMT If you’re new here, you may want to subscribe to receive daily updates. Thanks for visiting! The US dollar managed to stage a recovery after the previous blows, especially against the majors.
EURAUD-breakout

Weekly Forex Forecast: EURAUD, AUDJPY, NZDUSD and NZDCAD (April 6 – 10)

Want more price action setups? Join our Exclusive Member’s Community Making money in the Forex market is all about finding strength imbalances between currencies. In other words, pitting a stronger currency against a weaker one. We do this using a combination of simple price action strategies, trend analysis and key levels. Such an imbalance can be seen recently between the Euro and the

Forex Weekly Outlook April 6-10

Majors, US Dollar Forecast | Written By Anat Dror | Created: Apr 3, 2015 14:22 GMT If you’re new here, you may want to subscribe to receive daily updates. Thanks for visiting! US ISM Non-Manufacturing PMI, rate decision in Australia, Japan and the UK, FOMC Meeting Minutes, US unemployment claims, Canadian employment data are the
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