EURUSD-The pair formed a higher low and higher high formation in the weekly chart, after July 2013.

The Chinese slowdown, Yuan devaluation worries spread to the financial system, sharply fell across the globe. The Yen and Euro are the two currencies favored the bull’s account of safe heaven. The slowdown statement puts […]

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WTI-The oil is slowly approaching support zone in the monthly chart. The nearest monthly support finds at 39.40 February 2009 low

Oil prices fell below $ 40 marks for the first time since 2009, as of now low made 39.36. Goldman Sachs: The US current oil drilling port number means that oil output growth in the […]

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EURAUD- The immediate resistance seems at 1.5831, as of now the cross made high at 1.5818.

The cross is trading on a verge of another crucial resistance in the weekly chart. The immediate resistance seems at 1.5831, as of now the cross made high at 1.5818. The cross has been moving […]

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GBPUSD- cable has been consolidating in a tight range, but knocking at the higher end

The cable manages to make high at 1.5723, but unable to close above 1.5700 marks. The bulls manage to produce a higher close after 6-weeks consolidation. Given the lack of macroeconomic data, it is understandably […]

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