Month: December 2018

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  GBP/USD. December 26th. Results of the day. Bidding on the pound sterling are sluggish and reluctant

  4-hour timeframe The amplitude of the last 5 days (high-low): 96p - 72p - 99p - 80p - 110p. Average amplitude for the last 5[...]
  2018-12-27 07:23:06

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  Understanding forex basics: Resistance and support

  Support and resistance explained One of the most foundational aspects of technical analysis is support and resistance levels. These levels are key as they offer[...]
  2018-12-27 02:29:57

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  Here is what is still to come from the BOJ (Kuroda speaking 0630GMT)

  Bank of Japan Governor Kuroda will hold his regular post-meeting press conference at 0630GMT Kuroda will be answering questions on today's decision just handed down
  2018-12-26 23:11:03

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  Hard times are coming for the dollar

  The third and final assessment of US GDP growth in Q3. In 2018, it was slightly worse than the preliminary 3.5%, dropping to 3.4%, which[...]
  2018-12-26 19:21:05

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  EUR / USD: plan for the European session on December 24. Volatility decreases

  To open long positions on EUR / USD, you need:Market volatility will gradually decrease before the Christmas holidays. For buyers, it is best to look[...]
  2018-12-26 19:21:05

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  GBP / USD: plan for the European session on December 24. The pound remains in the channel

  To open long positions on GBP / USD, you need:While trading is above the middle of channel of 1.2655, the demand for the British pound[...]
  2018-12-26 19:21:05

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  Trading Plan 12/24/2018

  Trading Plan 12/24/2018The general picture: all questions are postponed until the new year.The markets failed to organize the trend until the end of the year.[...]
  2018-12-26 19:21:05

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  Elliott wave analysis of EUR/JPY for December 24, 2018

  After breaking below the triangle support line at 127.70, the EUR/JPY pair has declined and now it should continue to move lower towards the long-term[...]
  2018-12-26 19:21:05

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  Currencies having a decent session in Asia Monday

  Cable is a notable gainer here in Asia to open a holiday-impacted week. GBP/USD is ip from around 1.2620 late Friday toward 1.2680. EUR, AUD,[...]
  2018-12-26 11:09:03

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  China will remove its export tariff on iron ore from January 1 2019

  China's finance ministry has announced changes to import and exports tariffs from the beginning of next year - will remove export tariffs on 94 products[...]
  2018-12-26 11:09:03

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