September 10, 2017

AUDUSD pair testing critical high in the daily chart

After the 7 week consolidation, the Aussie dollar has finally managed to break the high of 27th August 2017.The pair started its bullish run after hitting the critical support level at 0.71602.Most of the professional price action traders managed to went long with the bullish price action confirmation signal after the breakout of the first […]

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August 13, 2017

Possible bullish run in NZDUSD pair as it bounces off from 38.2% Fibonacci retracement level

The kiwi dollar sharply fell against the U.S dollar after hitting the critical resistance level at 0.75564.Most of the leading currency strategist are considering this recent sharp fall as a part of the bullish correction. Though the daily chart still looks bearish the ongoing weak performance of the U.S economy strongly suggest that the kiwi […]

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July 10, 2017

Possible Double Top Formation On GBPUSD

The two-week long bullish rally in the GBPUSD pair has bent capped by the critical resistance level at 1.3000.This level is providing significant amount selling pressure to the Great Britain Pound and begin a major psychological level many professional traders are expecting a decent drop in the cable( GBPUSD) in the upcoming week. The bullish […]

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