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EUR/USD broke higher during the course of the session on Friday, as we got a horrible jobs number coming out of the United States. That being the case, the US dollar fell rather significantly. With that being the case, it’s likely that the market will…
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USD/JPY pair initially tried to rally but then turn right back around to form a slightly negative candle. By doing so, looks as if we are going to continue to bounce around in this general vicinity as there seems to be a bit of support at the 108 handle.…
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USD/JPY pair went back and forth during the course of the week, ultimately forming a neutral candle. The 105 level below offered enough support to turn things around, but the 108 level above offered resistance. Ultimately, this is a market that seems to…
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EUR/USD pair initially tried to rally during the course of the week, but found the area above the 1.15 level to be far too resistive to continue going higher. If we break above the top of the weekly candle, we could go higher, perhaps reaching towards the…
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EUR/JPY How to trade: If drops below 122.66 Put Option Recommended expiry: 5 minutes
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Gold exploded to the upside during the course of the week, breaking the top of 2 previous shooting stars, and as a result that is a very positive sign. With this, the market looks as if the buyers are getting ready to take control again, and it now…
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EUR/USD pair broke higher during the course of the session on Friday, as it looks like we are getting ready to break towards the 1.15 handle. Pullbacks at this point in time will be buying opportunities on signs of support and as a result we are “buy…
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USD/CAD pair initially fell during the day on Friday, but turned back around to form a bit of a hammer. The hammer of course is a bullish sign, so if we can rally from here we should see a bit of a move higher. Ultimately, there is a massive amount of…
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