Foundations of Technical Analysis: Confluent Support/Resistance Zones

Identifying critical pivot zones using Fibonacci, trendlines & key lateral levels. A review of our technical approach & examples that illustrate our trading methodology.


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S&P 500 : Traders Net-Long Increased from Last Week

Recent changes in sentiment warn that the current US 500 price trend may soon reverse lower despite the fact traders remain net-short.


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GBPUSD: 61.9% of Traders Are Net-Long

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.


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EUR/USD: 65.3% of Traders Are Net-Long

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias.


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FX Setups for the Week of March 11: USDJPY, EURJPY, AUDUSD and USDCNH

The first full week of March has proven to be a notable outing and next week brings a series of drivers that can keep volatility running into the end of Q1.


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S&P 500, FTSE 100 Outlook: Brexit Vote, US CPI and Fed Chair Powell in Focus

S&P 500 edges lower having failed to push through 2800, while FTSE 100 looks towards key Brexit votes.


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Forex Trading Journals: A How-To and other Forex Trading Tips

Learn how to structure your trading journal to improve your consistency and accountability.


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Gold Prices Reverse Ahead of 2019-Low Following Dovish ECB, Weak NFP

Gold may continue to gain ground following the below-forecast U.S. Non-Farm Payrolls (NFP) report as the price for bullion reverses course ahead of the 2019-low ($1277).


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How to Read a Forex Economic Calendar

Manage risk better and plan your trades more effectively with the forex economic calendar.


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US Dollar Drops After Test of Yearly Highs: Next Week Key for Stocks

It’s been a busy week across global markets and traders may now have some new themes to work with as the end of Q1 nears.


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The CPI and Forex: How CPI Data Affects Currency Prices

The Consumer Price Index is an important economic indicator. Here, we explore how the CPI can affect forex trading decisions.


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US Dollar Contained After Large NFP Miss, Fed Outlook Unchanged

US NFP rose by 20k in February, missing expectations of 180k. However, this does not change the outlook of the Fed who will likely remain patient in H1.


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EUR/USD Forecast: Upbeat US NFP Report to Fuel Post-ECB Losses

Updates to the U.S. Non-Farm Payrolls (NFP) report may spark a bearish reaction in EUR/USD as the economy is anticipated to add another 180K jobs in February.


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Charts for Next Week: EURUSD, AUDUSD, Gold Price & More

Euro at an important spot, Aussie is teetering on neckline support, while gold is bouncing back into resistance area, may be ready for another leg lower soon.


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S&P 500, Dow Jones, and Nasdaq 100 Technical Outlook: ’Breaks’ Bought or Sold?

U.S. indices have broken a bit with their worst performance the past week since bottoming in December, will 'they' come for them or set up for more weakness?


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Canadian Dollar (CAD) Losses May Continue if Employment Figures Disappoint

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Gold Price Outlook: Dovish Central Banks Bode Well for Gold Bulls

Further accommodation from central banks is an optimistic sign for gold bugs. Fed reversal could see $1400 gold.


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Sterling: GBPUSD Technical Analysis and Brexit Update

The British Pound continues to drift lower ahead of a pivotal Brexit week for UK PM May. Support may be tested all the way down to the 200-day moving average.


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EURUSD Oversold in the Short-Term But Still in Trouble

The Euro remains around 1.1200 to the US dollar after hitting the lowest level since June 2017 in Thursday’s heavy sell-off. On the slate, US non-farm payrolls at 13:30 GMT may hit the pair harder.


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EUR/USD Technical Analysis: Sellers Try to Clear a Path Below 1.10

The Euro recoiled from 14-month resistance against the US Dollar, with sellers now working on clearing a path below the 1.10 figure.


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