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Buz Investors EURGBP TESTS KEY RESISTANCE EURGBP has been neutral since mid-January and pivoting around the 50-day moving average and trading between 0.8455 and 0.8650. In the past week, the pair has been capped at the 50-day moving average, Forex News 

TECHNICAL ANALYSIS – EURGBP TESTS KEY RESISTANCE AT 50-DAY MOVING AVERAGE

TECHNICAL ANALYSIS – EURGBP TESTS KEY RESISTANCE AT 50-DAY MOVING AVERAGE Buz Investors EURGBP TESTS KEY RESISTANCE EURGBP has been neutral since mid-January and pivoting around the 50-day moving average and trading between 0.8455 and 0.8650. In the past week, the pair has been capped at the 50-day moving average, which is providing resistance at 0.8540. This is giving a bearish bias in the near-term, as long as the market remains below this resistance level. RSI is below 50, indicating further downside in EURGBP is possible. MACD is below zero,…

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Buz Investors TECHNICAL ANALYSIS USDJPY is currently up from the day’s open, roughly recovering one-fifth of yesterday’s decline in price. Looking at the stochastics, the %K line is in bearish territory. Adding to this negative near-term signal is the fact that it (%K) has crossed below the slow %D line. Forex News 

TECHNICAL ANALYSIS – USDJPY BEARISH TO NEUTRAL IN THE NEAR-TERM

TECHNICAL ANALYSIS – USDJPY BEARISH TO NEUTRAL IN THE NEAR-TERM Buz Investors TECHNICAL ANALYSIS USDJPY is currently up from the day’s open, roughly recovering one-fifth of yesterday’s decline in price. Looking at the stochastics, the %K line is in bearish territory. Adding to this negative near-term signal is the fact that it (%K) has crossed below the slow %D line. The RSI indicator is theoretically bearish as well, but it is in close proximity to the 50 neutral level at 48. This perhaps indicates that the strength of this short-term…

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TECHNICAL ANALYSIS – EURGBP NEAR-TERM BEARISH WITH THE STRENGTH OF THE SIGNAL UNDER QUESTION Forex News 

TECHNICAL ANALYSIS – EURGBP NEAR-TERM BEARISH WITH THE STRENGTH OF THE SIGNAL UNDER QUESTION

 TECHNICAL ANALYSIS – EURGBP NEAR-TERM BEARISH WITH THE STRENGTH OF THE SIGNAL UNDER QUESTION Buz Investors TECHNICAL ANALYSIS EURGBP is currently up but little changed relative to yesterday’s close. The short-term sentiment given by the RSI is negative as the indicator is currently at 46, below the 50 mark distinguishing positive from negative short-term bias. Adding to this, the MACD is slightly negative and below the red signal line. The fact that RSI and MACD are relatively close to 50 and 0 respectively is perhaps indicative that the bearish sentiment…

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TECHNICAL ANALYSIS – EURGBP NEUTRAL IN THE NEAR- AND MEDIUM-TERM Forex News 

TECHNICAL ANALYSIS – EURGBP NEUTRAL IN THE NEAR- AND MEDIUM-TERM

TECHNICAL ANALYSIS – EURGBP NEUTRAL IN THE NEAR- AND MEDIUM-TERM Buz Investors EURGBP NEUTRAL EURGBP has been posting gains for the second day in a row, though it is currently mostly unchanged from the previous day’s close. Yesterday it rose by slightly more than 0.9%. The RSI indicator is currently at 52, in close proximity to the 50 neutral level that distinguishes positive from negative short-term market sentiment. The stochastics are painting a neutral short-term picture as well, since the %K line is in neutral area while it is converging with…

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Buz Investors XAGUSD Price of Silver The silver market performed reasonably well in 2016, with the price of the precious metal picking up more than $2 to close the year at $15.88 per ounce. That in turn helped boost the prospects for silver-tracking investments like the iShares Silver Trust commodities 

$XAGUSD Silver Prices Roadmap for Navigating Current Technical Landscape

Silver Prices Roadmap for Navigating Current Technical Landscape Silver Buz investors Silver Prices Roadmap The precious metal is trading at $17.34 per ounce at 10:40 GMT this morning, 0.86% lower from the New York close. During the session, silver traded at a high of $17.50 per ounce and a low of $17.29 per ounce. In the New York session yesterday, silver fell 0.96% and closed at $17.49 per ounce, tracking losses in gold prices. Immediate downside, the first support level is seen at $17.17 per ounce, while on the upside,…

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TECHNICAL ANALYSIS – USDJPY NEUTRAL, RISK OF MORE DOWNSIDE BELOW 112.00 Forex News 

TECHNICAL ANALYSIS – USDJPY NEUTRAL, RISK OF MORE DOWNSIDE BELOW 112.00

TECHNICAL ANALYSIS – USDJPY NEUTRAL, RISK OF MORE DOWNSIDE BELOW 112.00 Buz Investors USDJPY NEUTRAL USDJPY remains neutral in the near term and has been trading in a range between 112.00 and 115.50 since mid-January. The immediate bias is to the downside and the pair is currently testing the 38.2% Fibonacci retracement level of the rise from 102.54 to 118.65 (November 3 to December 15 uptrend). This 38.2% Fibonacci level at 112.50 has been tested several times in the past two weeks and appears to be a strong support level….

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TECHNICAL ANALYSIS – GOLD REMAINS BULLISH FOLLOWING A 1.3% GAIN Forex News 

TECHNICAL ANALYSIS – GOLD REMAINS BULLISH FOLLOWING A 1.3% GAIN

TECHNICAL ANALYSIS – GOLD REMAINS BULLISH FOLLOWING A 1.3% GAIN GOLD REMAINS BULLISH Gold rallied yesterday closing the day 1.3% higher. In today’s trading so far it fell slightly below yesterday’s close. The RSI indicator is above the 50 threshold at 59, indicating a short-term bullish sentiment. Adding to this conviction are the stochastics as the %K line is also in bullish territory, while it has recently crossed above the slow %D line. Other Stories Buz Traders Follow $GBPUSD POUND CLIMBS ON SOLID UK MANUFACTURING PMI USDJPY UP 0.64% ON…

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TECHNICAL ANALYSIS – USDJPY INTRADAY BULLISH AS PRICES CHALLENGE THE CLOUD TOP Forex News 

TECHNICAL ANALYSIS – USDJPY INTRADAY BULLISH AS PRICES CHALLENGE THE CLOUD TOP

TECHNICAL ANALYSIS – USDJPY INTRADAY BULLISH AS PRICES CHALLENGE THE CLOUD TOP TECHNICAL ANALYSIS USDJPY has been edging higher for a second straight day. The pair today hit a weekly high. Delving into the Ichimoku analysis, the Tenkan-sen line (red) crossed below the Kijun-sen one (blue) in mid-January. This is a short-term negative signal. However, the stochastics which transmit immediate market sentiment are painting a bullish intraday picture as the %K line is at bullish levels at 62, while it has also crossed above the slow %D line. Both these…

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Buz Investors TECHNICAL ANALYSIS AUDJPY has been moving within the relatively narrow range of 83.73 – 87.52 since the start of December. Before this period of consolidation, the pair had been in an uptrend that began in September 2016. Forex News 

TECHNICAL ANALYSIS – AUDJPY RANGE-BOUND; OUTLOOK STILL BULLISH

TECHNICAL ANALYSIS – AUDJPY RANGE-BOUND; OUTLOOK STILL BULLISH Buz Investors TECHNICAL ANALYSIS AUDJPY has been moving within the relatively narrow range of 83.73 – 87.52 since the start of December. Before this period of consolidation, the pair had been in an uptrend that began in September 2016. The RSI indicator is in bullish territory at 55, but this is close to the 50 neutral level. This perhaps indicates that the momentum for upside moves in the near-term is not that strong. ; Other Stories Buz Traders Follow $GBPUSD MOVES TO…

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TECHNICAL ANALYSIS – GOLD BULLISH AS IT ENTERS THE CLOUD; RECORDS 2-MONTH HIGH Forex News 

TECHNICAL ANALYSIS – GOLD BULLISH AS IT ENTERS THE CLOUD; RECORDS 2-MONTH HIGH

TECHNICAL ANALYSIS – GOLD BULLISH AS IT ENTERS THE CLOUD; RECORDS 2-MONTH HIGH Gold is posting some gains during today’s session so far, at one point rising above 1219 recording a 2-month high. Should it close higher, it will mark the 10th trading day of gains out of the last 11. Delving into the Ichimoku analysis, the Tenkan-sen line (red) has crossed above the Kijun-sen (blue) in the beginning of January. This alignment is a bullish short-term signal. The bullish short-term momentum is reinforced by the RSI indicator which is…

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