Category Archives: Forex analysis review

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Technical analysis of EUR/USD for Jan 13, 2017

When the European market opens, there is no Economic Data will be, but the US will release the economic data, such as Federal Budget Balance, Prelim UoM Inflation Expectations, Business Inventories m/m, Prelim UoM Consumer Sentiment, Core PPI m/m, Reta…

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Technical analysis of USD/JPY for Jan 13, 2017

In Asia, Japan will release the M2 Money Stock y/y and the US will release some Economic Data, such as Federal Budget Balance, Prelim UoM Inflation Expectations, Business Inventories m/m, Prelim UoM Consumer Sentiment, Core PPI m/m, Retail Sales m/m, P…

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Daily analysis of USDX for January 13, 2017

USDX was one again moving under pressure after Trump’s press
conference and the index tested the support level of 100.80. However,
it managed to recover a little but it’s headed to test the
resistance level of 101.76. If USDX breaks above that area, we…

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Daily analysis of GBP/USD for January 13, 2017

GBP/USD gained ground during Thursday’s session, finding resistance around 1.2293. However, from that zone, we saw a strong pullback and that move helped the pair to plummet toward 1.2175. If GBP/USD manages to break below and extend its decline, we ca…

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Daily analysis of major pairs for January 12, 2017

EUR/USD: The EUR/USD pair has gone significantly upwards, according to the forecast. From the low of 1.0453, price has gone upwards by 210 pips. There is now a Bullish Confirmation Pattern in the market and further upwards movement is anticipated, whi…

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Gold analysis for January 12, 2017

Recently, gold has been trading upwards. The price tested the level of $1,206.74 in an average volume. According to the 30M time frame, I found divergence in the Moving Average Oscilator. The price made a higher high and the oscilator made a lower high…

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Global macro overview for 12/01/2017

Global macro overview for 12/01/2017:The fresh report from the US credit agency Moody’s has been published recently and there is an interesting review of current and a future political scene in the Eurozone. The Moody’s agency sees the political risk t…