The Dollar index continues to grind lower and still remains in a bearish trend. However, I expect the trend to reverse this week or, at the latest, at the start of next week. I expect the Dollar to strengthen again.Red line – resistanceBlack lines – di…

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Gold made a new higher high yesterday towards the resistance of the 61.8% Fibonacci retracement and is now trading around this important level. Bulls need to see a continued support of the higher highs and higher lows pattern for new highs near the $1,…

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The first session of the new week brought a balanced but slightly negative fluctuations in the New York stock market indexes. Such benchmarks of Wall Street as S&P500, NASDAQ Composite and the DJIA, ended Monday trading respectively -0.27%, -0.36% …

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EUR / USD Resistance levels (open interest**, contracts) $1.1539 (2540) $1.1490 (1997) $1.1456 (404) Price at time of writing this review: $1.1412 Support levels (open interest**, contracts): $1.1350 (150) $1.1304 (2507) $1.1243 (330…

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EURUSD – Up

Daily chart: ADX retains a strong trend determination, and the upper Bollinger band is located just above again (1.1488). All these suggests northern scenario for the near future.

Н4:the pair is in the flat range within the Bollinger envelope (1.1357-1.1424). But it is a question whether the price will touch support 1.1357, because ADX is active.

Н1: a more localized area of ​​support for today – the bottom Bollinger band (1.1375). Resistance 1.1436 (Upper Bollinger Band). ADX is quiet, so it is possible that the pair will spend the day in this corridor.

Expectations: now we are waiting for overall growth to 1.1436 and then to 1.1488, but before that it can touch 1.1375

. Trading solutions: purchase from 1.1375 to 1.1436 and 1.1488.

You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.

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