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EUR/USD Weekly Market Analysis Nov 20, 2011
EUR/USD decline in price extended last week towards first target of the down move at 1.3419 and price reverse form there, this move indicated fall 1.4246 might not be a correction. Sustain gain below 1.3828 resistance level would give a sign for furt... Read more ››
GBP/USD Weekly Market Analysis Nov 20, 2011
GBP/USD's consolidative sideway move was over after price failed to made a positive retest of 1.6170 resistance level and broke range's support level, targeting towards 1.5648 support level. Our vision of next week bias is bearish and we expect fur... Read more ››
USD/JPY Weekly Market Analysis Nov 20, 2011
USD/JPY's fall form 79.52 extended last week towards a new low and the decline is admittedly deeper than expected. There is no indication for trend reversal and USD/JPY is still trading below resistance trend line, thus make our vision for next week ... Read more ››
USD/CHF Weekly Market Analysis Nov 20, 2011
Despite trading low, USD/CHF managed to end higher last week to as high as 0.9235 continued to lose upside momentum, after pair managed a sustain gain above 0.8651 support level. Our vision for next week remains on the upside as long as 0.8922 minor ... Read more ››
Dow Weekly Market Analysis Nov 20, 2011
Dow's upward move seems to loss some momentum after price failed to make a positive retest of 12293 resistance level, dropped below and even below 11718 but price found minor support and close above this level. Nevertheless, that price is in sideway ... Read more ››
Microsoft Weekly Market Analysis Nov 20, 2011
Microsoft failed a sustain trade above 26.86 support level and dropped below it closed nearly 25.10 support level, this erased whole gather strength for upward move and dismissed a test of the upper trend line and our vision for next week is neutral ... Read more ››
Gold Weekly Market Analysis Nov 20, 2011
Gold's upward move seems to loss some momentum after price failed to extend further and dropped towards a test of 1702 support level. Such closed nearly to 1702 level, clearly shows that bulls have lost power to make strong reverse and price is headi... Read more ››
Oil Weekly Market Analysis Nov 20, 2011
Oil has one wild week after gather power Oil managed to break above psychological 100 level and extended further above 102.35 level, but at last day of trading price close near 99.00 level. Nevertheless, that Oil is in strong upward march and that ... Read more ››
EUR/USD Weekly Market Analysis Nov 13, 2011
Despite dipping to as low as 1.3483, subsequent strong rebound on bullish convergence condition in 4 hours MACD argues that fall from 1.4246 might be a correction only. Such correction has possibly finished with three waves down to 1.3483 already Our... Read more ››
GBP/USD Weekly Market Analysis Nov 13, 2011
GBP/USD's consolidation from 1.6165 where is 0.618% Fibonacci level form 1.6744 to 1.5264, extended further with another dip to 1.5868 but quickly recovered. More sideway trading could still be seen in near term. Our vision of next week bias is bea... Read more ››