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2018 Forecast for EUR/AUD, GBP/AUD, and AUD/JPY

Forecasting Factors for EUR/AUD, GBP/AUD, and AUD/JPY Pairs – EUR/AUD approaches the focal point of an Elliott Wave Triangle – GBP/AUD switches at channel security set up a weak return in 2018 – AUD/JPY may approach the completion of an enormous triangle plan in 2018 EUR/AUD Approaching the Middle of Triangle Consolidation While assessing the more … Continue reading "2018 Forecast for EUR/AUD, GBP/AUD, and AUD/JPY"

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SILVER IS FOLLOWING SELLING RALLY IN COMMODITY MARKET

What’s inside: Silver encouraging unequivocally following substantial theoretical offering; another poke lower could make for perfect set-up Or then again we could see additionally winding of value activity in mid-2018 which will, in the long run, prompt a maintained move Current viewpoint in limbo, holding up to perceive how value activity unfurls as the schedule … Continue reading "SILVER IS FOLLOWING SELLING RALLY IN COMMODITY MARKET"

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EUR/JPY is Trading Within a Price Range 131 to 134

Notes: – EUR/JPY keeps on exchanging the range that is characterized the combine’s value activity since mid-September. – The EUR/JPY go has held through an assortment of major drivers, including the ECB’s October rate choice. In our previous articles, we took a gander at the range that is worked in EUR/JPY since mid-September. Costs have … Continue reading "EUR/JPY is Trading Within a Price Range 131 to 134"

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USD MAY RISE DUE TO CUT IN TAX

Looking forward, a calm financial information docket in European and US hours appears to probably keep the focus on Washington DC, where the vote on charge change may stake put when Monday. The US Dollar may discover a touch of help if the measure passes, despite the fact that its post-FOMC dive recommends the arrangement’s … Continue reading "USD MAY RISE DUE TO CUT IN TAX"

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AUD/USD Recovering after Breaking Continuity of Downtrend

Talking Points: AUD/USD Technical Strategy: Long at 0.7666 Aussie Dollar breaks three-month downtrend, implying at bullish pattern inversion Strategic long position enacted, searching for move to test protection over 0.77 The Australian Dollar looks ready to dispatch a recuperation against its US partner in the wake of breaking above protection managing the downtrend since early … Continue reading "AUD/USD Recovering after Breaking Continuity of Downtrend"

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