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Weekly Market Forecast – 18 Nov

TECHNICAL ANALYSIS A break and close above key 141 resistance open up the door for a push higher. Little in the way of meaningful resistance up to 144. FUNDAMENTAL ANALYSIS Positive UK election polls favor Tory majority which in turn should favor a strong pound. China-US trade is “RISK ON”. Weaker JPY to prevail

How to become a successful trader in Forex?

To be a successful trader in forex, comex, and stocks, one must approach trade as a full or part-time business – Trade is a business and incurs costs, losses, taxes, uncertainty, stress, and risk. As a trader, you are basically a small business owner and must do research and strategies to maximize the potential of…
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AUDNZD Weekly Analysis – 11th Nov

The AUD/NZD pair hits previous daily highs and shows strong signs of rejection. This comes at the same time as price hitting the ascending channel limit. From this stage on, our bias is that price could very well continue bearish throughout the week ahead. We will be targeting the 1.07000 level as our level of…
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nzd-cad

NZD-CAD WEEKLY ANALYSIS

TECHNICAL ANALYSIS Daily and weekly 8GAPS have been closed and price continuation south resumes. This week I’ll be targeting the 0.82000 magnet as a key area, but should it break and close beneath, a test of the lower trend level is likely. FUNDAMENTAL ANALYSIS BoC this week likely to hold rates unchanged at 1.75%. I…
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