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Daily Trading Forecasts (April 22, 2013) by Azeez Mustatapha
The JPY pairs were able to maintain their bullish outlook last week. This week, the bullish outlook is expected to continue, but it is
unlikely the pairs would go beyond their monthly highs. &n ... Read more
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With heavy hearts towards the brave citizens of Boston, the stock market charges back by Matt Zivich
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Daily Trading Forecasts (April 17, 2013) by Azeez Mustatapha
The JPY pairs have quickly recovered the losses they saw on Monday. Now the question is: would these pairs reach their respective
last week’s highs? This may not be likely in this week.&n ... Read more
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Daily Trading Forecasts (April 16, 2013) by Azeez Mustatapha
The price behavior that was seen on Monday shows that we may reasonably expect significant market movements this week. Right now, the
markets are at critical price levels. &nb ... Read more
Georgia Anderson's Financial News Network Blog
Come share your knowledge and views on the financial markets and more..
Mar
18
Posted by: Forex Pirates
EUR/USD Mar 18 and next week move!
Posted by: Forex Pirates
Tagged in: Untagged
Just want to share with you traders my thought on EUR/USD for the coming week!!
Currency:EUR/USD Trend Expected Direction: Down within a falling channel. Method: Elliott Waves and Fibonacci Trading. Description: I guess we had a good trade last week by buying the pair at the bottom level and closed trade with around +170 pips. However, I suggest followers to stay aside on Monday and watch the trend heading toward 1.32450 or near that level in order to complete a minor correction before it proceed falling further as the US Index hits its forth cycle at 0.318 Fibonacci level and most probably will take off upward sometime next week and that will force Euro to fall further. The strategy for next week on EUR/USD is going to be a bearish with entry point at or near 1.32450 with Stop lose @ 1.3400 and open Target. All the best on next week trade! Recommendation: Watch the market and short @ 1.32450 Target Area: Open Stop Lose: 1.3400 Best, Fadi Yacoub
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Disclaimer
There is substantial risk of loss in trading commodity futures, options and off-exchange foreign currency products. Each investor must consider whether this is a suitable investment.
Trades or trade recommendations made on this site have not been made by Georgia Anderson.
Trades or trade recommendations made on this site have not been made by Georgia Anderson.
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