December 2016

OverviewThe USDJPY pair ended yesterday’s trading at 116.55, leaning on the minor bearish channel’s support shown on the chart. The pair rebound bullishly at today’s opening attempting to resume the main bullish trend, supported by stochastic positivit…

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OverviewThe gold price traded upwards yesterday and breached 1,154.76 and settled above it, thus supporting our bullish trend expectations in the upcoming period. The price is likely to test 1,172.68 levels. It is important to monitor the price when r…

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OverviewThe silver price opened today’s trading with more bullish bias breaching and settling above 16.15 levels. The price received positive momentum that supports our expectations of continuing the bullish trend on the intraday and short-term basis,…

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EUR/USD Offers 1.0550-55 1.0585 1.0600 1.0650 1.0700 Bids 1.0500 1.0400 1.0380-85 1.0365 1.0350 1.0335 1.0300 GBP/USD Offers 1.2300 1.2330 1.2350 1.2380-85 1.2400 Bids 1.2200 1.2185 1.2150 1.2100 1.2080 1.2050 1.2000 EUR/GBP …

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The forenoon phase of session showed that trade on the Warsaw market is balanced and conservative and marked by low activity and low volatility. On the German market we may see a slight discount. To the end of the year there is still four hours, in whi…

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Recently, gold has been trading upwards. The price tested the level of $1,163.03 in an average volume. According to the 30M time frame and using the market profile, I found yesterday’s point of control at the price of $1,148.00. Besides, there is a buy…

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Recently, EUR/NZD has been moving upwards. The price tested the level of 1.5278 in an ultra-high volume. Using the market profile, I found yesterday’s point of control at 1.5070 on the 30M time frame. The intraday trend is bullish. Watch for potential …

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