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Daily Forex Technical Analysis and Fundamental Commentaries

Owner: almapal

Listed in: Finance

Language: English

Tags: Forex, Daily Forex Picks, Daily Forex Analysis, Forex Technical Analysis, Currency Rates

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Latest Blog Posts for Laid Trades

  • A Perfect Time for Gold
    on Sep 13, 2013 in Commodities Gold
    With an economic crisis looming over the horizon, investors have to be smart and turn to a reliable commodity that has withstood the test of time. The value of gold has been the subject of debate among experts and whether it adds value to one’s por...
  • The U.S. Stock Market: Suffering in the Wake of Growing Risk Aversion
    on Aug 31, 2013 in Economy Forex Indices Stocks US
    In recent times, you could be forgiven for thinking that the American economy was about to embark on a long and glorious recovery. As property prices soared alongside consumer confidence, so too the nation’s unemployment continued to fall as it...
  • Music and the Market: Song and Stock Volatility
    on Aug 27, 2013 in Indices Stocks
    Check this amazing video out!
  • NZD/USD To Regain Lead Soon?
    on Jul 24, 2013 in Forex NZD/USD
    The New Zealand dollar may recover from its recent losses against the USD based on my technical analysis. As you can see from the 1-hour chart of the NZDUSD pair, its rise was halted by a resistance at 0.8000. As a result, the pair weakened and fell...
  • Role Reversal To Cushion The Fiber?
    on Jul 23, 2013 in EUR/USD Forex
    The EURUSD pair has broken above its resistance at 1.3175 but has weakened since. Should this former resistance at 1.3175 turn to support then the euro may once again rise versus the USD. If the 1.3175 support holds then the pair may rise towards 1.3...
  • Near Term Rise Seen In Spot Gold
    on Jul 22, 2013 in Forex XAU/USD
    Spot gold prices or the XAUUSD may further rise in the near term as the pair breaks out from its downtrend line. The positive momentum from its recent breakout may further push higher. Still, some selling may be seen at the 1,350.00 marker. Note that...
  • Rectangle Play On The Loonie
    on Jul 19, 2013 in Forex USD/CAD
    A rectangle chart pattern can be spotted on the 1-hour chart of the USDCAD pair as for my technical analysis. Notice that the pair has been ranging between the 1.0360 support and the 1.0440 resistance. With the price nearing the pattern’s supp...
  • Australian Dollar To Bounce Versus USD?
    on Jul 17, 2013 in AUD/USD Forex
    The Australian dollar may extend its gains against the US dollar as the AUD/USD settles at the 0.9200 marker after reaching 0.9260. As you can see from its chart above, the aussie rose versus the USD and reached 0.9260 before falling back to 0.9200.
  • Symmetrical Triangle Spotted On USDJPY
    on Jul 11, 2013 in Forex USD/JPY
    A symmetrical triangle chart pattern is spotted on the 1-hour chart of USDJPY. A breakdown from this pattern may send it down to a target of around 97.75. On the other hand, a break to the upside may send it higher to at least 100.00. But since the...
  • USD To Weaken Further Vs. The EUR
    on Jul 11, 2013 in EUR/USD Forex
    The US dollar may weaken again against the euro if the EURUSD pair breaks our from what appears to be a falling wedge chart pattern that it has formed since yesterday. A breakout from this falling wedge may catapult the fiber back to its previous hi...
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