Monthly Archives: August 2016

GBPUSD – Daily Analysis – 30th August, 2016

Date: 30th August, 2016 Currency Pair: GBPUSD GBPUSD is trying to reverse from key support level i.e. 1.3063. As far as the pair stands above the support level we can expect further recovery. Any break here could push the pair … Continue reading

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EURUSD – Daily Analysis – 30th August, 2016

Date: 30th August, 2016 Currency Pair: EURUSD EURUSD maintains a negative technical bias above 1st support i.e. 1.1159. The pair has failed to hold yesterday’s gain and now trying to break the 1st support. A slide below 1st support may … Continue reading

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Beyond Knowledge What Is Important?

Forex trading is one of the best profession in the world. We have adopted forex trading for a better living and to uplift our living standards. No doubt with proper knowledge and by adopting proper strategy we can be successful … Continue reading

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USDJPY – Daily Analysis – 26th August, 2016

Date: 26th August, 2016 Currency Pair: USDJPY USDJPY is extremely flat in an oversold territory. Early data shows “Tokyo Core CPI y/y” and “National Core CPI y/y” significantly decreased (as shown below). However we’ve not seen any momentum into the … Continue reading

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GBPUSD – Daily Analysis – 26th August, 2016

Date: 26th August, 2016 Currency Pair: GBPUSD GBPUSD is trying to regain its strength and at present the pair is trading near dialy pivot level i.e. 1.3207. Ahead of “Second Estimate GDP q/q” data the pair is trying to stabilize … Continue reading

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EURUSD – Daily Analysis – 26th August, 2016

Date: 26th August, 2016 Currency Pair: EURUSD EURUSD has been trading in a tight range with a little bullish sentiment. Now the immediate resistance is seen at 1.1299. Once it is broken, the bull will drive the pair towards 1.1317 … Continue reading

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USDJPY – Daily Analysis – 24th August, 2016

Date: 24th August, 2016 Currency Pair: USDJPY In early trading hours the pair has climbed upto 100.43 before easing. The uptrend could be expected once the price breaks 100.43 resistance. Once it is broken 100.63 will be the next target … Continue reading

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GBPUSD – Daily Analysis – 24th August, 2016

Date: 24th August, 2016 Currency Pair: GBPUSD GBPUS is struggling to hold yesterday’s gain. At present the pair is hovering around daily pivot level i.e. 1.3178. The immediate resistance is seen at 13229 followed by 1.3260 and then 1.3311. On … Continue reading

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EURUSD – Daily Analysis – 24th August, 2016

Date: 24th August, 2016 Currency Pair: EURUSD EURUSD is under selling pressure and slowly trending towards down. At present the price is trying to break 1st support i.e. 1.1285. Once it is broken we may see further downward movement from … Continue reading

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USDJPY – Daily Analysis – 23rd August, 2016

Date: 23rd August, 2016 Currency Pair: USDJPY USDJPY is stuck into a limited range. We’ve not seen any significant movement from this pair in last couple of trading sessions. At present the pair is trading above 1st support i.e. 100.03. … Continue reading

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