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Daily Forex analysis by Real Trade

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Postby RealTrade » Fri Feb 24, 2017 2:35 pm

GBP/USD
"Symetric triangle was broke up. Pair traded in uptrend. However fundamental datas shows the weakness of britain aconomy. If Pair wont hold 1.2550 i'd be great moment to sell"
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XAU/USD
Gold is in uptrend, because of the weak dollar. It made figure "ascending wedge", which show us, that reversal is might be soon. If gold will break lower trandline, it'll be signal to sell until next level 1216.
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Analysis is provided by Real Trade Group.
RealTrade
 
Posts: 14
Joined: Sun Feb 12, 2017 10:31 pm

Forex forecast for 27 February

Postby RealTrade » Mon Feb 27, 2017 2:26 pm

GBP/USD
As we predicted pair returned in descending triangle range, and we should to seek continuation of downtrend. Line 1.24 is the only support now. Support breaking will mean bears have taken the market. Conservative traders should seek correction to 1.2450 and sell there, but aggressive – sell after support line breaking.

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USD/JPY
Pair is trading near support level and downtrend line. That gives significant support for the pair. We advise to buy from current price and hold position until 112.8 or 113.7.
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Analysis is provided by Real Trade Group.
RealTrade
 
Posts: 14
Joined: Sun Feb 12, 2017 10:31 pm

Re: Daily Forex analysis by Real Trade

Postby RealTrade » Tue Feb 28, 2017 2:16 pm

GBP/USD
Despite pound breaking of triangle pair can't move under 1.24. It may be consolidation before Trump's speech, which could drive price more significantly. We are up to sell, but the future moves depend on the Trump.
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AUD/USD
Finally! Aud broked trendline. From this moment sell is the main vector of trading. Faling of pair may continue untill 0.76 or even 0.75. But for Today Trump is they key. Because of his comments much can be changed. So we should watching him, and only after that make any decision.
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Analysis is provided by Real Trade Group.
RealTrade
 
Posts: 14
Joined: Sun Feb 12, 2017 10:31 pm

Forex forecast for 1 March

Postby RealTrade » Wed Mar 01, 2017 2:17 pm

EUR/GBP
Pound broke line 1.24 and continue to fall. Weak pound give euro a chance to compensate the loses in EUR/USD. Pair broke downtrent trendline and continue to strenghten. We are waiting for 0.8620 to close the trades.
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XAU/USD
Because of strong dollar gold loses its value. Pair made figure "ascending wedge". Uptrand line is broken so we may see significant and long failing untill 1217.
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Analysis is provided by Real Trade Group.
RealTrade
 
Posts: 14
Joined: Sun Feb 12, 2017 10:31 pm

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