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Trading Levels for XAUUSD (GOLD)

GOLD retraced back to the trendline (lows 1180 and 1194) and has performed a four days run to the upside. The price isn’t so convincing because the daily candles have very small range. However XAUUSD is facing an important horizontal resistance which we may call it “make or break”. If price breaks out, then the […]

EURAUD: The trading plan gave more than 100pips!

Following up Friday’s trading plan, our view was totally verified as EURAUD retraced more than 100 pips to the downside. The resistance had great probabilities for a selling trade setup. The pair is currently bouncing to the upside after reaching the support zone. Hourly

SNB: EUR/CHF showed a 13% overvaluation in March…

  Good Morning,   – EUR/USD remained in a narrow range around 1.38 level, as Europe returned from the Easter holidays and faced uncertainty over whether ECB policy will move toward more monetary stimulus. – Asian shares: Japan’s Nikkei 1.09%, Hong Kong’s Hang Seng -0.81% (07:15 GMT), Korea’s Kospi -0.19%, Australia’s ASX 200 0.64% and […]