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Australian Dollar Steadies Ahead of RBA and GDP. Will AUD/USD Get a Grip?
Australian Dollar, AUD/USD, RBA, Lowe, Bullock, AU GDP, ASEAN, Range Trade – Talking PointsThe Australian Dollar bounced off some trend lines last weekThe RBA appears certain to be on hold tomorrow as the guard prepares to changeGDP data…
Cable bears eye 1.2570 support and BoE Monetary Policy Report Hearings
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GBP/USD stays pressured towards the key support line after unimpressive rebound.
Downbeat…
GBP/USD Head & Shoulders, EUR/GBP Support Zone in Focus
British Pound, GBP/USD, EUR/GBP – Technical Update:British Pound eyeing key levels of support aheadGBP/USD bearish Head & Shoulders still in playEUR/GBP recent dip places focus on key range
Recommended by Daniel…
Review of trades of the Owl Smart Levels strategy for the week from August 28 to September 1, 2023…
Today I present you an overview of trades made using the Owl strategy - smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from August 28 to September 1, 2023. Markets have been highly volatile sometimes,…
US Dollar, Gold, Crude Oil, AUD/USD, USD/CAD, RBA, BoC
Recommended by Daniel Dubrovsky
How to Trade Gold
The US Dollar broadly underperformed against its major counterparts this past week, with gold prices seeing a strong rally. A root cause of this was somewhat…
Why we don’t use Martingale/Grid – Trading Systems – 3 September 2023
Many traders like to use Martingale/Grid strategy, when the price drop , they increase position, sometimes double lost positions, so the floating negative P/L will be immediately reduced. They hope the price will go up soon,…
USOIL forecast – Analytics & Forecasts – 3 September 2023
USOIL raised from 66USD to 86.24 USD last Friday, but I forecast that Curde OIl will continue to raise more. As you see the below chart, the blue bar points out the main bottom of the USOIL , it already perfectly pointed out …
The XAU/USD advance was held down by strong US ISM PMIs
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XAU/USD rose to a daily high of $1,952 and then got rejected by 100-day SMA, retreating to $1,940.…
NZD/USD clears daily gains following US data
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NZD/USD peaked at a daily high of 0.6015 and then plummeted to 0.5940.
US NFPs from August showed a…
Bulls moved in, reaches two-day high as a bullish-engulfing pattern looms
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Bullish-engulfing candlestick pattern on the daily chart suggests buyers are in control.
The first…