Tag Archives: March

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Technical analysis of Silver for March 05, 2015

Technical analysis of Silver for March 05, 2015

Technical outlook and chart setups: Silver has formed a potential double bottom at $ 16.00/10 levels as seen here. Moreover, the metal has stalled at the fibonacci 0.618 support level of the rally between $ 14.66 and $ 18.50 levels, respectively. The metal is expected to resume its rally towards $ 20.00 and $ 21.00
gbpusdaily1

Intraday technical levels and trading recommendations for GBP/USD for March 4, 2015

A bearish breakout below 1.5550 directly exposed lower targets. Bears have already pushed towards the price levels of 1.5050 and 1.4960, which have not been visited since July 2013. Around the price levels of 1.5050 and 1.4960 the market has established another consolidation zone, which extended up to the price levels of 1.5280. Two weeks
cadweekly

USD/CAD intraday technical levels and trading recommendations for March 4, 2015

Overview: The USD/CAD pair has been trending upwards within the bullish channel depicted on the WEEKLY chart. The market looked overbought since bulls have pushed further above the upper limit of both depicted bullish channels as well as the 79.6% Fibonacci level. That is why a bearish correction that started off 1.2750 was anticipated in
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