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Focus on copper http://ow.ly/AmGlM #Copper #HG

Copper on a daily chart. Not much say. Price hit resistance multiple times and is now taking a dive. Not many support levels on the way down. I would look for a bounce a the grey arrow and observe price actions a these levels.
http://ow.ly/AmGrF
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EURUSD - Bottom in sight? http://ow.ly/zYb9X #EURUSD #Euro #Forex

EURUSD 4h - Channel to the downside is still valid. Looks like we are going for one more downside move. If the downside pressure persist then 1.3350 is the next stop. An acceleration of the downside move could translate into price hitting the (sub) 1.33 level.
The slope is quite steep i.e. break of potential support levels could imply a steep move.
Let's first see if price stabilizes at the 1.3350 level.
http://ow.ly/zYbe2
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EURUSD at crossroads http://ow.ly/zdMJY #EURUSD #Euro #Forex

EURUSD 15min had a nice run up in the green channel and then dropped quickly. Price seems to follow this new red channel to the downside. We are currently hitting support... which is also and import support level on the 4 hour chart. I'm curious how price will behave at these levels. I suspect we might seen one more quick dip to the downside... could be short lived though.
http://ow.ly/zdMQm
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Dollar. Big picture. Surprises to come? http://ow.ly/yXaNZ #Dollar #DXY #Macro

Very interesting dynamics at play in the dollar. Keep an eye on the price action here. Price is currently at point A where there is a confluence of resistance levels.

Price rebounded from the blue channel a few weeks ago but there is no follow through yet. If you have a bearish bias the next drop could go as low as point B where we have a confluence of support levels. The question then is if price drops from here or if the dollar manages to first rally up to the upper side of the red channel, to subsequently drop from there.

In any case, it looks like we might be witnessing one more dollar rally followed by price action to the downside.

Hard to say if these moves will be explosive in nature but we should keep in mind that dollar volatility is currently at its lowest level for a what is now a very long time.

Worth observing how the indices behave while dollar price action is unfolding the coming days/weeks. Nasdaq & SPX analysis linked to this chart.
http://ow.ly/yXaTV
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Nasdaq - Big Picture http://ow.ly/yR1PD #Nasdaq #NQ

Nasdaq still moving up. We had a nice rebound from the bottom of the (steep) yellow channel. We just hit first major resistance: top of the blue channel. Even if price hits the next resistance - top of the yellow channel - we will probably observe a price to indicator divergence.
Momentum is still quiet strong... and don't forget that this is a weekly chart. Therefore one should consider the next resistance levels - colored arrows.
http://ow.ly/yR1Vx
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EURUSD - Focus on momentum http://ow.ly/yABnT #EURUSD #Euro #Forex

Quick update of our 15min EURUSD chart. We have a nice channel developing however momentum is looking a bit shaky here. Price needs to hit the resistance at the orange arrow first followed by the grey arrow to validate the uptrend. Failing to do so would be a bearish sign. Positive developments are that price and mid term support levels continue to move up inside the channel.
http://ow.ly/yABqD
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USDCHF, due for a pullback? http://ow.ly/AeBW3 #USDCHF #Forex #Swissie

USDCHF 4h - Keeping an eye on the price action at those levels. There's a case to be made for a continuation of the upside move especially when looking at the daily an weekly charts.
The question here is if the pair will have enough momentum to move to the upside of the channel.
There's a bit of a price/indicator divergence going on here so I'm looking where the USDCHF is going to find support - 1st or 2nd arrow? ... and of course how price is going to bounce from those levels.
For now everything points to a bit of a pullback / consolidation.
http://ow.ly/AeC1Z
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 #S
 #ES
 
S&P500 - Bouncing back or rolling over? http://ow.ly/A14VF #S&P500 #ES #SPX

This chart was posted last month where we noted the limited upside potential. Price came off the highs an could be rolling over. Where and how we rebound are the key questions.
The two support areas to observe are marked with the blue and brown arrows. It would be healthy to witness at least a minor bounce at the blue support level.
http://ow.ly/A14ZZ
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Gold a potential support http://ow.ly/zrxAX #XAUUSD #Gold

Keeping an eye on Gold. We got here quite a steep channel. Looking to see if support is going to hold here. 1298 is the last support level. If support doesn't hold I would look for price to move down to 1280 followed by 1245.
http://ow.ly/zrxDY
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Trading aspirations & trading misconceptions http://ow.ly/z85oP #Trading #Markets

Today I want to address a few misconceptions most of us have when starting trading and by the same token provide you with some insights and some tips to help with in your journey. The focus of this article is FX (Forex) Trading but also trading in general.
Click http://ow.ly/z85oP to read more
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 #ES
 #S
 
S&P500 - Big Picture http://ow.ly/yR3eh #S&P500 #SPX #ES

S&P500 hit upper resistance of the brown channel. We have an interesting setup here where momentum is slowing down and the RSI is also at high levels. Now price might hit the upper resistance of the blue channel but clearly some caution is due as the room to the upside is getting smaller.
http://ow.ly/yR3jT
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EURUSD update - Price hitting our upper channel http://ow.ly/yE8bt #EURUSD #Euro #Forex

Looks like price hit our targets from yesterday. Price should retest the upper channel followed by a pullback / consolidation phase.
http://ow.ly/yE8fg
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