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Forex Market: GBP/USD trading outlook for Tuesday (November 1st 2016)

November 1, 2016 8:19 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2144-1.2251. The pair closed at 1.2243, edging up 0.43% compared to Fridays close. It has been the 171st gain in the past 371 trading days and also a second consecutive one. The major pair depreciated 5.66% in October, after losing 1.23% in September. At […] Read more

Major Currency Pairs: Support and Resistance Levels for November 1st 2016

November 1, 2016 7:40 am
USD/CHF R1 – 0.9895 R2 – 0.9899 R3 (Range Resistance – Sell) – 0.9903 R4 (Long Breakout) – 0.9914 R5 (Breakout Target 1) – 0.9928 R6 (Breakout Target 2) – 0.9933 S1 – 0.9887 S2 – 0.9883 S3 (Range Support – Buy) – 0.9879 S4 (Short Breakout) – 0.9868 S5 (Breakout Target 1) – 0.9854 […] Read more

Forex Market: USD/CAD trading outlook for Monday (October 31st 2016)

October 31, 2016 9:35 am
Friday’s trade (in GMT terms) saw USD/CAD within the range of 1.3353-1.3434. The pair closed at 1.3397, inching up 0.08% compared to Thursdays close. It has been the 194th gain in the past 370 trading days and also a fourth consecutive one. The daily high has been a level not seen since March 9th, when […] Read more

Forex Market: GBP/USD trading outlook for Monday (October 31st 2016)

October 31, 2016 8:14 am
Friday’s trade (in GMT terms) saw GBP/USD within the range of 1.2114-1.2214. The pair closed at 1.2190, edging up 0.23% compared to Thursdays close. It has been the 170th gain in the past 370 trading days. In weekly terms, GBP/USD lost 0.34% of its value during the past week. It has been the 23rd drop […] Read more

Exotic Currency Pairs: Support and Resistance Levels for October 31st 2016

October 30, 2016 2:32 pm
USD/SGD R1 – 1.3925 R2 – 1.3930 R3 (Range Resistance – Sell) – 1.3935 R4 (Long Breakout) – 1.3949 R5 (Breakout Target 1) – 1.3966 R6 (Breakout Target 2) – 1.3973 S1 – 1.3915 S2 – 1.3910 S3 (Range Support – Buy) – 1.3905 S4 (Short Breakout) – 1.3891 S5 (Breakout Target 1) – 1.3874 […] Read more

Minor Currency Pairs: Support and Resistance Levels for October 31st 2016

October 29, 2016 3:29 pm
EUR/GBP R1 – 0.9019 R2 – 0.9026 R3 (Range Resistance – Sell) – 0.9032 R4 (Long Breakout) – 0.9053 R5 (Breakout Target 1) – 0.9076 R6 (Breakout Target 2) – 0.9087 S1 – 0.9005 S2 – 0.8998 S3 (Range Support – Buy) – 0.8992 S4 (Short Breakout) – 0.8971 S5 (Breakout Target 1) – 0.8948 […] Read more

Major Currency Pairs: Support and Resistance Levels for October 31st 2016

October 29, 2016 2:47 pm
USD/CHF R1 – 0.9886 R2 – 0.9894 R3 (Range Resistance – Sell) – 0.9903 R4 (Long Breakout) – 0.9929 R5 (Breakout Target 1) – 0.9959 R6 (Breakout Target 2) – 0.9971 S1 – 0.9868 S2 – 0.9860 S3 (Range Support – Buy) – 0.9851 S4 (Short Breakout) – 0.9825 S5 (Breakout Target 1) – 0.9795 […] Read more

Forex Market: USD/CAD trading outlook for October 28th 2016

October 28, 2016 8:25 am
Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3352-1.3408. The pair closed at 1.3386, inching up 0.04% compared to Wednesdays close. It has been the 193rd gain in the past 369 trading days and also a third consecutive one. The daily high has been a level not seen since March 9th, when […] Read more

Forex Market: GBP/USD trading outlook for October 28th 2016

October 28, 2016 7:15 am
Yesterday’s trade (in GMT terms) saw GBP/USD within the range of 1.2148-1.2274. The pair closed at 1.2162, retreating 0.70% from Wednesdays close. It has been the 200th drop in the past 369 trading days and also the steepest one since October 11th. The major pair has extended its slump to 6.29% so far during the […] Read more

Major Currency Pairs: Support and Resistance Levels for October 28th 2016

October 28, 2016 6:42 am
USD/CHF R1 – 0.9940 R2 – 0.9944 R3 (Range Resistance – Sell) – 0.9948 R4 (Long Breakout) – 0.9959 R5 (Breakout Target 1) – 0.9973 R6 (Breakout Target 2) – 0.9978 S1 – 0.9932 S2 – 0.9928 S3 (Range Support – Buy) – 0.9924 S4 (Short Breakout) – 0.9913 S5 (Breakout Target 1) – 0.9899 […] Read more