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FX Trade Recommendations – 8 December 2017

FX Trade Recommendations - 8 December 2017 New EUR/USD: Short below 1.1735, Target @ 1.1685. SL @ 1.1785 New GBP/USD: Long above 1.3455, Target @ 1.3505. SL @ 1.3405 New USD/JPY: Long above 113.55, Target @ 114.05. SL @ 113.05 New AUD/USD: Short below 0.7505, Target @ 0.7455. SL @ 0.7555 New AUD/NZD: Short below…
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Gold Falls To Worst Weak Since May – 7 December, 2017

Despite gold almost reaching the $1,300 mark, the precious metal could potentially reach its biggest weekly drop since May as the Dollar's future is unclear because of the US tax reform and possibly higher interest rates. Bullion last traded at$1,248.53 per ounce, down 2.5 percent this week.
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Daily Technical Analysis – 7 December, 2017

Daily Technical Analysis – 7 December, 2017 EUR/USD Intraday: capped by a negative trend line. Pivot: 1.1815 Our preference: short positions below 1.1815 with targets at 1.1760 & 1.1735 in extension. Alternative scenario: above 1.1815 look for further upside with 1.1830 & 1.1850 as targets. Comment: the RSI shows downside momentum. Green Lines Represent Resistances…
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FX Trade Recommendations – 7 December 2017

FX Trade Recommendations - 7 December 2017 New EUR/USD: Short below 1.1775, Target @ 1.1725. SL @ 1.1825 New GBP/USD: Short below 1.3335, Target @ 1.3285. SL @ 1.3385 New USD/JPY: Long above 112.85, Target @ 113.35. SL @ 112.35 New AUD/USD: Short below 0.7515, Target @ 0.7465. SL @ 0.7565 New AUD/NZD: Long above…
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Euro, Yen, Pound, And Australian Dollar Decline – 6 December, 2017

The Australian Dollar fell to its lowest in three weeks by 0.2 percent to 75.25 U.S. cents. The Euro declined by 0.3 percent, trading at $1.799, the Pound fell 0.1 percent to $1.3384, and the Yen fell 0.1 percent to 112.44 per Dollar. The Bloomberg Dollar Spot Index rose just under 0.1 percent, thought that…
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Oil Stock Rises Despite Drops In Prices – 6 December, 2017

U.S.  crude stocks fell more than expected by 5.6 million barrels, while U.S. gasoline stocks rose by 1.6 million barrels. Crude fell in part due to the Keystone pipeline closure in South Dakota after a leak, cutting flows to Oklahoma. West Texas Intermediate fell 2.9 percent to $55.96 per barrel, its biggest single day decline…
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FX Trade Recommendations – 6 December 2017

FX Trade Recommendations - 6 December 2017 New EUR/USD: Short below 1.1805, Target @ 1.1755. SL @ 1.1855 New GBP/USD: Short below 1.3365, Target @ 1.3315. SL @ 1.3415 New USD/JPY: Short below 112.15, Target @ 111.65. SL @ 112.65 New AUD/USD: Short below 0.7585, Target @ 0.7535. SL @ 0.7635 New AUD/NZD: Long above…
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Gold Predicted To Grow Only Slightly In 2018 – 5 December, 2017

While gold has been doing well this year and is expected to grow, experts say that prices for 2018 wont be too off the charts. Gold will rise slowly as the Dollar weakens and real estate rates remain low, predicting a 4 percent increase in gold prices to roughly $1,313 an ounce. Few things may…
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FX Trade Recommendations – 5 December 2017

FX Trade Recommendations - 5 December 2017 New EUR/USD: Short below 1.1860, Target @ 1.1810. SL @ 1.1910 New GBP/USD: Short below 1.3415, Target @ 1.3365. SL @ 1.3465 New USD/JPY: Short below 112.45, Target @ 111.95. SL @ 112.95 New AUD/USD: Long above 0.7645, Target @ 0.7695. SL @ 0.7595 New AUD/NZD: Short below…
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